Brazil: Aluminium Bar Market Overview 2021

Aluminium Bar Market Size in Brazil

The Brazilian aluminium bar market was estimated at $X in 2019, rising by X% against the previous year. Over the period under review, consumption saw a resilient increase. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in the immediate term.

Aluminium Bar Production in Brazil

In value terms, aluminium bar production fell modestly to $X in 2019 estimated in export prices. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the production volume increased by X% against the previous year. Aluminium bar production peaked at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

Aluminium Bar Exports

Exports from Brazil

After three years of growth, overseas shipments of aluminium bars, rods and profiles decreased by -X% to X tonnes in 2019. Over the period under review, exports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, aluminium bar exports shrank markedly to $X in 2019. Overall, exports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Paraguay (X tonnes), the U.S. (X tonnes) and Mexico (X tonnes) were the main destinations of aluminium bar exports from Brazil, together accounting for X% of total exports. These countries were followed by Uruguay, Chile, Argentina and Colombia, which together accounted for a further X 2007 to 2019, the biggest increases were in Colombia, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium bar exported from Brazil were Paraguay ($X), Mexico ($X) and the U.S. ($X), together comprising X% of total exports. These countries were followed by Uruguay, Chile, Argentina and Colombia, which together accounted for a further X the main countries of destination, Colombia recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average aluminium bar export price amounted to $X per tonne, growing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Chile ($X per tonne), while the average price for exports to the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Chile, while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Bar Imports

Imports into Brazil

In 2019, purchases abroad of aluminium bars, rods and profiles increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Over the period under review, imports enjoyed a prominent increase. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, aluminium bar imports rose modestly to $X in 2019. Overall, imports saw a remarkable increase. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, China (X tonnes) constituted the largest supplier of aluminium bar to Brazil, with a X% share of total imports. Moreover, aluminium bar imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold. The U.S. (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the U.S. (+X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium bar to Brazil, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2019, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2019, the average aluminium bar import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price showed a noticeable downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium bars, rods and profiles in the world?

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The countries with the highest volumes of aluminium bar consumption in 2019 were China (5.1M tonnes), the U.S. (2.9M tonnes) and Brazil (1.2M tonnes), with a combined 49% share of global consumption.

What are the largest producers of aluminium bars, rods and profiles in the world?

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China (6.1M tonnes) remains the largest aluminium bar producing country worldwide, comprising approx. 31% of total volume. Moreover, aluminium bar production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. The third position in this ranking was occupied by Brazil (1.2M tonnes), with a 6.2% share.

What are the leading suppliers of aluminium bars, rods and profiles to Brazil?

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In value terms, China ($26M) constituted the largest supplier of aluminium bar to Brazil, comprising 60% of total imports. The second position in the ranking was occupied by Germany ($4.5M), with a 10% share of total imports. It was followed by the U.S., with a 9.3% share.

What are the leading importers of aluminium bars, rods and profiles from Brazil?

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In value terms, the largest markets for aluminium bar exported from Brazil were Paraguay ($4.1M), Mexico ($3.5M) and the U.S. ($2.8M), together comprising 51% of total exports. Uruguay, Chile, Argentina and Colombia lagged somewhat behind, together accounting for a further 32%.

What is the average export price for aluminium bars, rods and profiles in Brazil?

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The average aluminium bar export price stood at $4,617 per tonne in 2019, with an increase of 4.5% against the previous year.

What is the average import price for aluminium bars, rods and profiles in Brazil?

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In 2019, the average aluminium bar import price amounted to $3,564 per tonne, which is down by -8.6% against the previous year.