Brazil: Unwrought Zinc Alloys Market 2024

Unwrought Zinc Alloys Market Size in Brazil

The Brazilian unwrought zinc alloys market shrank modestly to $X in 2022, almost unchanged from the previous year. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.4% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Unwrought Zinc Alloys Production in Brazil

In value terms, unwrought zinc alloys production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate resilient growth. The growth pace was the most rapid in 2017 when the production volume increased by 44% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Unwrought Zinc Alloys Exports

Exports from Brazil

In 2022, the amount of unwrought zinc alloys exported from Brazil reduced remarkably to X tons, declining by -37.2% compared with the year before. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 227% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, unwrought zinc alloys exports dropped significantly to $X in 2022. In general, exports saw a pronounced contraction. The pace of growth was the most pronounced in 2021 when exports increased by 327%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for unwrought zinc alloys exports from Brazil, accounting for a 98% share of total exports. It was followed by Paraguay (X tons), with a 2.5% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Argentina stood at -9.5%.

In value terms, Argentina ($X) remains the key foreign market for unwrought zinc alloys exports from Brazil, comprising 96% of total exports. The second position in the ranking was held by Paraguay ($X), with a 3.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Argentina stood at -2.9%.

Export Prices by Country

In 2022, the average unwrought zinc alloys export price amounted to $X per ton, surging by 24% against the previous year. Overall, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 62%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Argentina amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Zinc Alloys Imports

Imports into Brazil

For the fifth year in a row, Brazil recorded decline in purchases abroad of unwrought zinc alloys, which decreased by -86% to X tons in 2022. In general, imports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2017 when imports increased by 2,043% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, unwrought zinc alloys imports fell significantly to $X in 2022. Overall, imports faced a precipitous decline. The pace of growth was the most pronounced in 2017 with an increase of 994%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Mexico (X tons) constituted the largest unwrought zinc alloys supplier to Brazil, accounting for a 84% share of total imports. Moreover, unwrought zinc alloys imports from Mexico exceeded the figures recorded by the second-largest supplier, Italy (X kg), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico totaled +174.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-31.2% per year) and Germany (-24.7% per year).

In value terms, the largest unwrought zinc alloys suppliers to Brazil were Mexico ($X), Germany ($X) and Italy ($X), with a combined 94% share of total imports.

Among the main suppliers, Mexico, with a CAGR of +156.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average unwrought zinc alloys import price amounted to $X per ton, increasing by 121% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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