Brazil: Pyrites Market 2024

Pyrites Market Size in Brazil

The Brazilian pyrites market stood at $X in 2022, stabilizing at the previous year. Overall, consumption, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Pyrites consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Pyrites Production in Brazil

In value terms, pyrites production stood at $X in 2022 estimated in export price. In general, production, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. Pyrites production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pyrites Exports

Exports from Brazil

After four years of growth, shipments abroad of pyrites decreased by X% to X tons in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then declined notably in the following year.

In value terms, pyrites exports fell markedly to $X in 2022. In general, exports showed a slight reduction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for pyrites exports from Brazil, with a X% share of total exports. Moreover, pyrites exports to Spain exceeded the volume sent to the second major destination, Argentina (X tons), fivefold. China (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and China (X% per year).

In value terms, the largest markets for pyrites exported from Brazil were Spain ($X), Argentina ($X) and Germany ($X), together accounting for X% of total exports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average pyrites export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price showed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Pyrites Imports

Imports into Brazil

For the sixth year in a row, Brazil recorded growth in purchases abroad of pyrites, which increased by X% to X tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume 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, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, pyrites imports skyrocketed to $X in 2022. Overall, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of pyrites to Brazil, accounting for a X% share of total imports. Moreover, pyrites imports from Italy exceeded the figures recorded by the second-largest supplier, South Africa (X tons), eightfold. The third position in this ranking was taken by Peru (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Peru (X% per year).

In value terms, Italy ($X) constituted the largest supplier of pyrites to Brazil, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and South Africa (X% per year).

Import Prices by Country

The average pyrites import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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