Price for Braids; in the Piece in Brazil - 2023

Contents:

  1. Price for Braids; in the Piece in Brazil (CIF) - 2022
  2. Price for Braids; in the Piece in Brazil (FOB) - 2022
  3. Imports of Braids; in the Piece in Brazil
  4. Exports of Braids; in the Piece in Brazil

Price for Braids; in the Piece in Brazil (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $7,274 per ton, rising by 7.1% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece import price decreased by -11.3% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36% against the previous year. The import price peaked at $8,202 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +13.1% per year.

Price for Braids; in the Piece in Brazil (FOB) - 2022

In 2022, the average braids; in the piece export price amounted to $19,097 per ton, surging by 40% against the previous year. Over the period under review, the export price, however, saw a slight decrease. The pace of growth was the most pronounced in 2015 when the average export price increased by 141%. As a result, the export price reached the peak level of $40,269 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($89,948 per ton), while the average price for exports to Bolivia ($6,690 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 Thailand (+48.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids; in the Piece in Brazil

In 2022, the amount of braids; in the pieces imported into Brazil skyrocketed to 68 tons, picking up by 38% compared with the previous year. In general, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 198% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, braids; in the piece imports soared to $498K in 2022. Overall, imports recorded resilient growth. The growth pace was the most rapid in 2021 when imports increased by 152%. Over the period under review, braids; in piece imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Braids; in the Piece in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33411229445310.7%
Others55.122.144.045.4-6.3%
Total3891343384988.6%

Top Suppliers of Braids; in the Piece to Brazil in 2022:

  1. China (67.1 tons)

Exports of Braids; in the Piece in Brazil

In 2022, shipments abroad of braids; in the pieces was finally on the rise to reach 1.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decline.

In value terms, braids; in the piece exports surged to $30K in 2022. In general, exports, however, showed a abrupt decline.

Export of Braids; in the Piece in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay39.1N/A0.723.3-15.8%
United StatesN/A0.30.23.4236.7%
ThailandN/A0.61.31.663.3%
Suriname0.3N/AN/A1.049.4%
BoliviaN/AN/AN/A0.50%
Uruguay4.75.54.1N/A-6.6%
Others0.22.10.70.426.0%
Total44.28.57.030.2-11.9%

Top Export Markets for Braids; in the Piece from Brazil in 2022:

  1. Paraguay (1303.0 kg)
  2. Thailand (94.0 kg)
  3. Bolivia (71.0 kg)
  4. Suriname (57.0 kg)
  5. United States (38.0 kg)

Source: IndexBox Market Intelligence Platform

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