Cerium Compounds Price in Brazil - 2023

Contents:

  1. Cerium Compounds Price in Brazil (CIF) - 2022
  2. Cerium Compounds Price in Brazil (FOB) - 2022
  3. Cerium Compounds Imports in Brazil
  4. Cerium Compounds Exports in Brazil

Cerium Compounds Price in Brazil (CIF) - 2022

In 2022, the average cerium compounds import price amounted to $6,802 per ton, falling by -13% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 89%. The import price peaked at $29,022 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($65,250 per ton), while the price for Hong Kong SAR ($3,607 per ton) was amongst the lowest.

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

Cerium Compounds Price in Brazil (FOB) - 2022

In 2022, the average cerium compounds export price amounted to $34,126 per ton, with an increase of 29% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 127% against the previous year. The export price peaked at $53,852 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($38,779 per ton), while the average price for exports to Paraguay amounted to $20,283 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+52.1%), while the prices for the other major destinations experienced a decline.

Cerium Compounds Imports in Brazil

In 2022, approx. 56 tons of cerium compoundses were imported into Brazil; waning by -36.9% compared with 2021. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of 89 tons, and then reduced notably in the following year.

In value terms, cerium compounds imports shrank sharply to $382K in 2022. Overall, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 6.6%. As a result, imports attained the peak of $863K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Cerium Compounds in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15023322820310.6%
Hong Kong SAR52.7N/A60.157.73.1%
IndiaN/A0.546.653.7936.3%
Japan46347322.823.2-63.1%
France48.591.431417.1-29.4%
United States69.439.613.35.4-57.3%
Others26.525.211.422.2-5.7%
Total810863696382-22.2%

Top Suppliers of Cerium Compounds to Brazil in 2022:

  1. China (34.2 tons)
  2. Hong Kong SAR (16.0 tons)
  3. India (2.9 tons)
  4. Japan (0.9 tons)
  5. United States (0.7 tons)
  6. France (0.6 tons)

Cerium Compounds Exports in Brazil

In 2022, approx. 477 kg of cerium compoundses were exported from Brazil; rising by 89% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 488% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cerium compounds exports skyrocketed to $16K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 833%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Cerium Compounds in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/AN/A13.80%
Paraguay2.70.74.32.4-3.9%
United StatesN/AN/A2.4N/A0%
Panama0.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.20.76.716.372.1%

Top Export Markets for Cerium Compounds from Brazil in 2022:

  1. Colombia (357.0 kg)
  2. Paraguay (120.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Brazil