Brazil - Caustic Soda - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
U.S. and China Expand Caustic Soda Exports to Brazil
IndexBox has just published a new report: 'Brazil - Caustic Soda - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
In 2020, Brazil's caustic soda imports jumped by +17% y-o-y to 2.7M tonnes, or by +11% y-o-y to $507M in value terms. The U.S., followed by Peru and China, remains the key supplier of caustic soda to Brazil, accounting for 91% of the import volume. Last year, purchases from the U.S. and China soared in physical terms, while imports from Peru declined by -12% y-o-y. The average caustic soda import price dropped by -5.3% y-o-y to $185 per tonne in 2020.
Brazil's Caustic Soda Imports
In 2020, approx. 2.7M tonnes of caustic soda were imported into Brazil, increasing by +17% against the previous year's figure. In value terms, caustic soda imports expanded by +10.6% y-o-y to $507M (IndexBox estimates) in 2020.
In 2020, the U.S. (2.5M tonnes) was the leading supplier of caustic soda to Brazil, with a 91% share of total imports. It was followed by Peru (65K tonnes), with a 2.4% share of total imports. China (63K tonnes) ranked third in terms of total imports with a 2.3% share.
In 2020, the volume of supplies from the U.S. totalled grew by +13.7% y-o-y. Imports from Peru dropped by -12.3% y-o-y, while purchases from China rose nearly twofold.
In value terms, the U.S. ($451M) constituted the largest supplier of caustic soda to Brazil, comprising 89% of total imports. The second position in the ranking was occupied by China ($15M), with a 3% share of total imports, and it was followed by Peru, with a 2.6% share.
The average caustic soda import price stood at $185 per tonne in 2020, dropping by -5.3% against the previous year. Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from China ($244 per tonne) and Peru ($204 per tonne), while the price for Saudi Arabia ($165 per tonne) and the U.S. ($182 per tonne) were amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the prices for the other significant suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the caustic soda 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Join our live webinar to get insights into the global biomass market.
Thursday, October 14th, 2021 @ 04:00 pm ET
Join our live webinar to get insights into the global anhydrous ammonia market.
Tuesday, June 15th, 2021 @ 04:00 pm ET
Join our live webinar to get insights into the global biodiesel market.
Thursday, June 10th, 2021 @ 04:00 pm ET