Brazil - Iron Or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Brazil - Iron Or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends And Insights

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Expanded Metal Price in Brazil - 2023

Contents:

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

Expanded Metal Price in Brazil (CIF) - 2022

In 2022, the average expanded metal import price amounted to $2,335 per ton, picking up by 20% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, expanded metal import price increased by +86.0% against 2017 indices. The growth pace was the most rapid in 2013 an increase of 72%. As a result, import price attained the peak level of $2,608 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($15,425 per ton), while the price for China ($2,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Expanded Metal Price in Brazil (FOB) - 2022

The average expanded metal export price stood at $2,544 per ton in 2022, rising by 15% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 51%. The export price peaked at $2,646 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 Suriname ($4,277 per ton), while the average price for exports to Peru ($1,541 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Suriname (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports in Brazil

In 2022, the amount of iron or steel expanded metal imported into Brazil contracted sharply to 2.8K tons, with a decrease of -45.5% on 2021. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of 5.1K tons, and then reduced markedly in the following year.

In value terms, expanded metal imports fell rapidly to $6.4M in 2022. Overall, imports continue to indicate a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 81% against the previous year. As a result, imports attained the peak of $9.9M, and then shrank remarkably in the following year.

Import of Expanded Metal in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.44.89.15.2-6.7%
SpainN/AN/AN/A0.20%
Others0.70.70.71.116.3%
Total7.15.49.96.4-3.4%

Top Suppliers of Expanded Metal to Brazil in 2022:

  1. China (2567.8 tons)
  2. Spain (48.0 tons)

Expanded Metal Exports in Brazil

In 2022, shipments abroad of iron or steel expanded metal decreased by -12.8% to 244 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. As a result, the exports attained the peak of 383 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, expanded metal exports reduced to $622K in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 10%.

Export of Expanded Metal in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay4614155014771.1%
Argentina0.80.1N/A51.3300.3%
Suriname40.997.671.412.5-32.6%
PeruN/AN/A0.87.3812.5%
Bolivia28.524.67.86.4-39.2%
Others10027.142.167.1-12.5%
Total631564623622-0.5%

Top Export Markets for Expanded Metal from Brazil in 2022:

  1. Uruguay (208.5 tons)
  2. Argentina (19.4 tons)
  3. Peru (4.7 tons)
  4. Suriname (2.9 tons)
  5. Bolivia (2.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the expanded metal 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.

Product coverage:

  • Prodcom 25931350 - Iron or steel expanded metal

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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