Report Update Apr 1, 2024

Brazil - Chromium - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Brazil: Chromium Market 2021

Chromium Market Size in Brazil

The Brazilian chromium market reached $X in 2020, approximately mirroring the previous year. Overall, the total consumption indicated mild growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2015 to 2020, the growth of the market failed to regain the momentum.

Chromium Production in Brazil

In value terms, chromium production amounted to $X in 2020 estimated in export prices. Over the period under review, production enjoyed a measured increase. The growth pace was the most rapid in 2014 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2015 to 2020, production growth remained at a somewhat lower figure.

Chromium Exports

Exports from Brazil

In 2020, approx. X kg of chromium were exported from Brazil; remaining constant against 2019 figures. Over the period under review, exports, however, saw a dramatic setback. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, chromium exports amounted to $X in 2020. Overall, exports, however, faced a dramatic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X kg) was the main destination for chromium exports from Brazil, with a X% share of total exports. Moreover, chromium exports to Germany exceeded the volume sent to the second major destination, Argentina (X kg), eightfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany amounted to -X%.

In value terms, Germany ($X) remains the key foreign market for chromium exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Germany totaled -X%.

Export Prices by Country

In 2020, the average chromium export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price enjoyed a measured increase. The pace of growth was the most pronounced in 2012 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2013 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Argentina ($X per ton), while the average price for exports to Germany stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Argentina.

Chromium Imports

Imports into Brazil

In 2020, imports of chromium into Brazil dropped dramatically to X tons, declining by -X% compared with the previous year's figure. Overall, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at X tons in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, chromium imports contracted markedly to $X in 2020. In general, imports saw a deep reduction. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), the UK (X tons) and France (X tons) were the main suppliers of chromium imports to Brazil, with a combined X% share of total imports. These countries were followed by India, Switzerland and Sweden, which together accounted for a further X 2007 to 2020, the biggest increases were in India, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the UK ($X) and France ($X) were the largest chromium suppliers to Brazil, together comprising X% of total imports. India, Switzerland and Sweden lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chromium import price stood at $X per ton in 2020, dropping by -X% against the previous year. In general, the import price recorded a mild reduction. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chromium in the world?

South Africa remains the largest chromium consuming country worldwide, accounting for 46% of total volume. Moreover, chromium consumption in South Africa exceeded the figures recorded by the second-largest consumer, Turkey, twofold. The third position in this ranking was occupied by Kazakhstan, with a 13% share.

What are the largest producers of chromium in the world?

South Africa remains the largest chromium producing country worldwide, accounting for 46% of total volume. Moreover, chromium production in South Africa exceeded the figures recorded by the second-largest producer, Turkey, twofold. Kazakhstan ranked third in terms of total production with a 13% share.

What are the leading suppliers of chromium to Brazil?

In value terms, the largest chromium suppliers to Brazil were Russia, the UK and France, with a combined 85% share of total imports. India, Switzerland and Sweden lagged somewhat behind, together comprising a further 8.3%.

What are the leading importers of chromium from Brazil?

In value terms, Germany remains the key foreign market for chromium exports from Brazil, comprising 83% of total exports. The second position in the ranking was occupied by Argentina $259), with a 17% share of total exports.

What is the average export price for chromium in Brazil?

The average chromium export price stood at $12,254 per ton in 2020, remaining constant against the previous year.

What is the average import price for chromium in Brazil?

The average chromium import price stood at $6,998 per ton in 2020, waning by -24.1% against the previous year.

This report provides an in-depth analysis of the chromium 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 2025.

Product coverage:

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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