
Brazil - Chromium Ores And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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Brazil: Chrome Ore Market Overview 2020
Chrome Ore Market Size in Brazil
The revenue of the chrome ore market in Brazil amounted to $X in 2017, going down by -X% against the previous year. In general, chrome ore consumption continues to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Brazil chrome ore consumption peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.
Chrome Ore Production in Brazil
In 2017, the amount of chromium ores and concentrates produced in Brazil totaled X tonnes, stabilizing at the previous year. In general, the total output indicated a mild increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the chrome ore production attained their peak volume of X tonnes. From 2015 to 2017, growth of the chrome ore production stood at a somewhat lower level.
Chrome Ore Exports from Brazil
In 2017, approx. X tonnes of chromium ores and concentrates were exported from Brazil; increasing by X% against the previous year. Overall, chrome ore exports continue to indicate a deep decline. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Brazil exports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.
In value terms, chrome ore exports totaled $X in 2017. Overall, chrome ore exports continue to indicate a sharp downturn. Brazil exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.
Chrome Ore Exports by Country from Brazil
South Africa prevails in chrome ore exports structure, resulting at X tonnes, which was near X% of total exports in 2017. Turkey (X tonnes) occupied the second position in the ranking, followed by Kazakhstan (X tonnes). All these countries together took approx. X% share of total exports. The following exporters - Pakistan (X tonnes), Australia (X tonnes), Albania (X tonnes) and Iran (X tonnes) together made up X% of total exports.
South Africa was also the fastest growing in terms of the chromium ores and concentrates exports, with a CAGR of +X% from 2007 to 2017. At the same time, Albania (+X%), Australia (+X%), Iran (+X%) and Pakistan (+X%) displayed positive paces of growth. Turkey and Kazakhstan experienced a relatively flat trend pattern. While the share of South Africa (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) remains the largest chrome ore supplier from Brazil, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.
From 2007 to 2017, the average annual rate of growth in terms of value in South Africa totaled +X%. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Kazakhstan (-X% per year).
Chrome Ore Export Prices by Country in Brazil
In 2017, the chrome ore export price in Brazil amounted to $X per tonne, shrinking by -X% against the previous year. Overall, chrome ore export price continues to indicate a drastic reduction. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. Over the period under review, the export prices for chromium ores and concentrates attained its maximum level of $X per tonne in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.
Export prices varied noticeably by the country of destination; the country with the highest export price was Iran ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.
Chrome Ore Imports into Brazil
Chrome ore imports into Brazil amounted to X tonnes in 2017, growing by X% against the previous year. Overall, chrome ore imports continue to indicate a drastic decline. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Brazil imports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.
In value terms, chrome ore imports amounted to $X in 2017. Overall, chrome ore imports continue to indicate a significant descent. Brazil imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.
Chrome Ore Imports by Country into Brazil
China was the key importing country with an import of about X tonnes, which accounted for X% of total imports. Mozambique (X tonnes) ranks second in terms of the global imports with a X% share, followed by Russia (X%). Sweden (X tonnes) followed a long way behind the leaders.
From 2007 to 2017, average annual rates of growth with regard to chrome ore imports into China stood at +X%. At the same time, Mozambique (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Mozambique and China decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) constitutes the largest market for imported chromium ores and concentrates into Brazil, making up X% of global imports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of global imports. It was followed by Russia, with a X% share.
From 2007 to 2017, the average annual rate of growth in terms of value in China was relatively modest. In the other countries, the average annual rates were as follows: Mozambique (+X% per year) and Russia (-X% per year).
Chrome Ore Import Prices by Country in Brazil
The chrome ore import price in Brazil stood at $X per tonne in 2017, surging by X% against the previous year. Overall, the import price indicated a moderate growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. Brazil import price peaked of $X per tonne in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.
Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($X per tonne), while Mozambique ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sweden (+X% per year), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the chrome ore 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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