Brazil: Sulphonamides Market 2024

Sulphonamides Market Size in Brazil

The Brazilian sulphonamides market expanded to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a measured increase from 2012 to 2022: its value 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, consumption increased by X% against 2017 indices. Sulphonamides consumption peaked in 2022 and is likely to see gradual growth in years to come.

Sulphonamides Exports

Exports from Brazil

In 2022, overseas shipments of sulphonamides increased by X% to X tons, rising for the fourth year in a row after three years of decline. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphonamides exports amounted to $X in 2022. In general, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for sulphonamides exports from Brazil, with a X% share of total exports. Moreover, sulphonamides exports to Argentina exceeded the volume sent to the second major destination, Singapore (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X.4% per year) and India (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Singapore (X.3% per year).

Export Prices by Country

In 2022, the average sulphonamides export price amounted to $X per ton, declining by X% against the previous year. In general, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Singapore ($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 India (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Sulphonamides Imports

Imports into Brazil

In 2022, overseas purchases of sulphonamides increased by X% to X tons, rising for the fifth year in a row after three years of decline. Overall, total imports indicated a moderate 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 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, sulphonamides imports declined slightly to $X in 2022. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its value 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of sulphonamides to Brazil, accounting for a X% share of total imports. Moreover, sulphonamides imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

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

In value terms, China ($X), India ($X) and South Korea ($X) appeared to be the largest sulphonamides suppliers to Brazil, together comprising X% of total imports.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average sulphonamides import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for South Korea ($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 Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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