Brazil - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nitric and Sulphonitric Acids in Brazil - 2023
Contents:
- Price for Nitric and Sulphonitric Acids in Brazil (CIF) - 2023
- Price for Nitric and Sulphonitric Acids in Brazil (FOB) - 2023
- Imports of Nitric and Sulphonitric Acids in Brazil
- Exports of Nitric and Sulphonitric Acids in Brazil
Price for Nitric and Sulphonitric Acids in Brazil (CIF) - 2023
The average nitric and sulphonitric acids import price stood at $503 per ton in October 2023, increasing by 9.1% against the previous month. In general, the import price, however, showed a slight decrease. The most prominent rate of growth was recorded in November 2022 an increase of 50% m-o-m. Over the period under review, average import prices reached the maximum at $884 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Chile.
From October 2022 to October 2023, the rate of growth in terms of prices for Chile amounted to -1.9% per month.
Price for Nitric and Sulphonitric Acids in Brazil (FOB) - 2023
The average nitric and sulphonitric acids export price stood at $676 per ton in October 2023, leveling off at the previous month. Over the period under review, the export price recorded a mild shrinkage. The growth pace was the most rapid in February 2023 an increase of 3.3% m-o-m. Over the period under review, the average export prices hit record highs at $841 per ton in October 2022; however, from November 2022 to October 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Uruguay.
From October 2022 to October 2023, the rate of growth in terms of prices for Argentina amounted to 0.0% per month.
Imports of Nitric and Sulphonitric Acids in Brazil
In 2022, approx. 8.7K tons of nitric acid and sulphonitric acids were imported into Brazil; reducing by -25.3% against 2021. In general, imports, however, continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 102%. As a result, imports reached the peak of 12K tons, and then declined notably in the following year.
In value terms, nitric and sulphonitric acids imports fell notably to $3.5M in 2022. Over the period under review, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 92%. As a result, imports attained the peak of $4.5M, and then fell rapidly in the following year.
| Import of Nitric and Sulphonitric Acids in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Chile | 2.9 | 2.1 | 4.4 | 23.2% | |
| Others | 0.3 | 0.2 | 0.2 | -18.4% | |
| Total | 3.3 | 2.4 | 4.5 | 16.8% | |
Top Suppliers of Nitric and Sulphonitric Acids to Brazil in 2022:
- Chile (11.5K tons)
Exports of Nitric and Sulphonitric Acids in Brazil
In 2022, approx. 1.5K tons of nitric acid and sulphonitric acids were exported from Brazil; surging by 8.9% against 2021. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, nitric and sulphonitric acids exports shrank to $700K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.9% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 45%.
| Export of Nitric and Sulphonitric Acids in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Uruguay | 344 | 601 | 698 | 42.4% | |
| Argentina | 123 | 72.8 | 26.7 | -53.4% | |
| Others | 0.5 | 1.2 | N/A | 140.0% | |
| Total | 467 | 675 | 725 | 24.6% | |
Top Export Markets for Nitric and Sulphonitric Acids from Brazil in 2022:
- Uruguay (1276.4 tons)
- Argentina (81.0 tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids 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 20151050 - Nitric acid, sulphonitric acids
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Brazil.
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This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
409
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Brazil.
757
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
885
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1413
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
885
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1413
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
