Brazil: Market for Caustic Soda in the Solid Form 2024

Market Size for Caustic Soda in the Solid Form in Brazil

For the third consecutive year, the Brazilian market for caustic soda in the solid form recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption recorded temperate growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Exports of Caustic Soda in the Solid Form

Exports from Brazil

In 2023, the amount of caustic soda in the solid form exported from Brazil was estimated at X tons, increasing by X% compared with the previous year's figure. Overall, total exports indicated a noticeable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports of caustic soda in solid form attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of caustic soda in the solid form fell significantly to $X in 2023. Over the period under review, exports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Nigeria (X tons) was the main destination for exports of caustic soda in the solid form from Brazil, with a X% share of total exports. It was followed by Paraguay (X kg), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to Nigeria amounted to X%.

In value terms, Nigeria ($X) emerged as the key foreign market for caustic soda in the solid form exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Paraguay ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Nigeria was relatively modest.

Export Prices by Country

The average export price for caustic soda in the solid form stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2022 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Nigeria stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in the Solid Form

Imports into Brazil

In 2023, imports of caustic soda in the solid form into Brazil skyrocketed to X tons, picking up by X% on the year before. Overall, imports posted a notable expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, imports of caustic soda in the solid form dropped modestly to $X in 2023. Over the period under review, imports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports of caustic soda in solid form reached the maximum at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of caustic soda in the solid form to Brazil, with a X% share of total imports. Moreover, imports of caustic soda in the solid form from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of caustic soda in the solid form to Brazil, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by India, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and India (X% per year).

Import Prices by Country

In 2023, the average import price for caustic soda in the solid form amounted to $X per ton, falling by X% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for caustic soda in the solid form increased by X% against 2020 indices. The growth pace was the most rapid in 2022 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then reduced markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from China ($X per ton) and Poland ($X per ton), while the price for India ($X per ton) and Hong Kong SAR ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform