Brazil: Aluminium And Titanium Market 2024

Aluminium And Titanium Market Size in Brazil

The Brazilian aluminium and titanium market declined significantly to $X in 2022, falling by X% against the previous year. In general, consumption showed a pronounced reduction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Aluminium And Titanium Production in Brazil

In value terms, aluminium and titanium production declined to $X in 2022 estimated in export price. In general, production showed a deep contraction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aluminium And Titanium Exports

Exports from Brazil

In 2022, shipments abroad of aluminium and titanium increased by X% to X tons, rising for the fourth year in a row after two years of decline. Overall, exports, however, showed a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium and titanium exports soared to $X in 2022. In general, exports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for aluminium and titanium exports from Brazil, with a X% share of total exports. Moreover, aluminium and titanium exports to Japan exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Japan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Spain (X% per year).

In value terms, Japan ($X) remains the key foreign market for aluminium and titanium exports from Brazil, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average aluminium and titanium export price amounted to $X per ton, rising by X% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium and titanium export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($X per ton) and the United States ($X per ton), while the average price for exports to Japan ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

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

Aluminium And Titanium Imports

Imports into Brazil

In 2022, approx. X tons of aluminium and titanium were imported into Brazil; waning by X% on the previous year's figure. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then declined sharply in the following year.

In value terms, aluminium and titanium imports contracted markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then reduced markedly in the following year.

Imports by Country

India (X tons), Argentina (X tons) and Saudi Arabia (X tons) were the main suppliers of aluminium and titanium imports to Brazil, with a combined X% share of total imports. Australia, South Africa, Venezuela, Bahrain, the United Arab Emirates and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Argentina ($X) and Saudi Arabia ($X) were the largest aluminium and titanium suppliers to Brazil, together comprising X% of total imports. Australia, South Africa, Bahrain, Venezuela, the United Arab Emirates and Russia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Australia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium and titanium import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium and titanium import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bahrain ($X per ton) and India ($X per ton), while the price for Venezuela ($X per ton) and Russia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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