Carbonates; Strontium Carbonate Price in Brazil - 2023
Contents:
- Carbonates; Strontium Carbonate Price in Brazil (CIF) - 2023
- Carbonates; Strontium Carbonate Price in Brazil (FOB) - 2022
- Carbonates; Strontium Carbonate Imports in Brazil
- Carbonates; Strontium Carbonate Exports in Brazil
Carbonates; Strontium Carbonate Price in Brazil (CIF) - 2023
The average carbonates; strontium carbonate import price stood at $1,405 per ton in August 2023, waning by -7.6% against the previous month. Overall, the import price recorded a perceptible curtailment. The pace of growth was the most pronounced in February 2023 when the average import price increased by 22% m-o-m. Over the period under review, average import prices hit record highs at $1,988 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($1,611 per ton), while the price for Mexico totaled $1,338 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (0.0%), while the prices for the other major suppliers experienced a decline.
Carbonates; Strontium Carbonate Price in Brazil (FOB) - 2022
The average carbonates; strontium carbonate export price stood at $1,287 per ton in 2022, increasing by 27% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The export price peaked at $2,960 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -3.1% per year.
Carbonates; Strontium Carbonate Imports in Brazil
In 2022, approx. 1.3K tons of carbonates; strontium carbonates were imported into Brazil; growing by 5.2% compared with 2021 figures. Overall, imports, however, continue to indicate a perceptible decline. The growth pace was the most rapid in 2020 with an increase of 7.5%. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, carbonates; strontium carbonate imports skyrocketed to $1.8M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Strontium Carbonate in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 553 | 655 | 488 | 1,104 | 25.9% |
| Germany | 617 | 549 | 535 | 555 | -3.5% |
| China | 5.4 | 17.8 | 9.1 | 182 | 223.0% |
| Others | 14.6 | 20.7 | 48.6 | 0.2 | -76.1% |
| Total | 1,190 | 1,242 | 1,080 | 1,842 | 15.7% |
Top Suppliers of Carbonates; Strontium Carbonate to Brazil in 2022:
- Mexico (891.2 tons)
- Germany (359.0 tons)
- China (73.0 tons)
Carbonates; Strontium Carbonate Exports in Brazil
In 2022, after two years of decline, there was significant growth in overseas shipments of carbonates; strontium carbonates, when their volume increased by 123% to 45 tons. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; strontium carbonate exports soared to $57K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carbonates; Strontium Carbonate in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 13.0 | 19.1 | 20.3 | 57.3 | 64.0% |
| Spain | 5.3 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 18.2 | 19.3 | 20.3 | 57.3 | 46.6% |
Top Export Markets for Carbonates; Strontium Carbonate from Brazil in 2022:
- Peru (44.5 tons)
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