
Brazil - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends And Insights
Ammonium Sulphate Price in Brazil Falls to $288 per Ton
Brazil Ammonium Sulphate Import Price in December 2022
In December 2022, the ammonium sulphate price stood at $288 per ton (CIF, Brazil), shrinking by -6.6% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 35% against the previous month. Over the period under review, average import prices hit record highs at $410 per ton in July 2022; however, from August 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($850 per ton), while the price for China amounted to $288 per ton.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.7%).
Brazil Ammonium Sulphate Imports
In December 2022, ammonium sulphate imports into Brazil skyrocketed to 723K tons, picking up by 43% against the previous month's figure. In general, imports enjoyed buoyant growth. The growth pace was the most rapid in September 2022 when imports increased by 185% against the previous month. Over the period under review, imports attained the peak figure in December 2022.
In value terms, ammonium sulphate imports soared to $208M (IndexBox estimates) in December 2022. Over the period under review, imports showed buoyant growth. The growth pace was the most rapid in September 2022 with an increase of 166% month-to-month. Over the period under review, imports attained the peak figure in December 2022.
Brazil Ammonium Sulphate Imports by Country
In December 2022, China (714K tons) was the main ammonium sulphate supplier to Brazil, accounting for a 99% share of total imports. It was followed by Belgium (240 tons), with less than 0.1% share of total imports.
From January 2022 to December 2022, the average monthly rate of growth in terms of volume from China totaled +7.4%.
In value terms, China ($205M) constituted the largest supplier of ammonium sulphate to Brazil, comprising 99% of total imports. The second position in the ranking was taken by Belgium ($204K), with a 0.1% share of total imports.
From January 2022 to December 2022, the average monthly rate of growth in terms of value from China totaled +7.9%.
Factors Affecting Ammonium Sulphate Prices
Ammonium sulfate prices in Brazil have been on the rise in recent years, due in part to increases in global demand for fertilizer. Several factors have contributed to this demand, including population growth, increased crop production, and higher prices for other fertilizers. Ammonium sulfate is also used in a number of industrial processes, so increases in demand from these sectors have also contributed to price increases.
Looking forward, it is expected that ammonium sulfate prices will continue to rise as the global demand for fertilizer remains strong. However, some relief may come from new production capacity coming on-line in the next few years. This new capacity, combined with slower economic growth in some key markets, is expected to help moderate price increases over the next few years.
This report provides an in-depth analysis of the ammonium sulphate market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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