Brazil - Paraformaldehyde - Market Analysis, Forecast, Size, Trends And Insights
Paraformaldehyde Price in Brazil Averages at $1.1 per Ton
Brazil Paraformaldehyde Import Price per Ton in August 2022
In August 2022, the paraformaldehyde price per ton stood at $1,135 (CIF, Brazil), remaining relatively unchanged against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 28% against the previous month. As a result, import price reached the peak level of $1,256 per ton. From March 2022 to August 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2022, the countries with the highest prices were China ($1,469 per ton) and the United States ($1,210 per ton), while the price for Spain ($1,036 per ton) and the Netherlands ($1,091 per ton) were amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Brazil Paraformaldehyde Imports
In August 2022, the amount of paraformaldehyde imported into Brazil shrank to 698 tons, with a decrease of -13.5% against the previous month. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in May 2022 with an increase of 87% month-to-month.
In value terms, paraformaldehyde imports declined to $792K (IndexBox estimates) in August 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in May 2022 when imports increased by 93% month-to-month.
Brazil Paraformaldehyde Imports by Country
Germany (193 tons), Spain (186 tons) and the Netherlands (151 tons) were the main suppliers of paraformaldehyde imports to Brazil, together accounting for 76% of total imports. These countries were followed by the United States, the UK and China, which together accounted for a further 24%.
From January 2022 to August 2022, the biggest increases were in China (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline.
In value terms, the largest paraformaldehyde suppliers to Brazil were Germany ($228K), Spain ($193K) and the Netherlands ($164K), with a combined 74% share of total imports.
Among the main suppliers, Germany, with a CAGR of +1.7%, 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 mixed trend patterns.
This report provides an in-depth analysis of the paraformaldehyde 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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