Mullite Price in Brazil - 2023

Contents:

  1. Mullite Price in Brazil (CIF) - 2022
  2. Mullite Price in Brazil (FOB) - 2022
  3. Mullite Imports in Brazil
  4. Mullite Exports in Brazil

Mullite Price in Brazil (CIF) - 2022

In 2022, the average mullite import price amounted to $1,103 per ton, falling by -17.3% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mullite import price decreased by -37.2% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 41%. Over the period under review, average import prices attained the peak figure at $1,756 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,740 per ton), while the price for the United States ($665 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Mullite Price in Brazil (FOB) - 2022

The average mullite export price stood at $882 per ton in 2022, waning by -31.6% against the previous year. Overall, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 73% against the previous year. The export price peaked at $1,289 per ton in 2021, and then fell dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.9% per year.

Mullite Imports in Brazil

Mullite imports into Brazil declined to 586 tons in 2022, which is down by -8.9% against 2021. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year. As a result, imports attained the peak of 643 tons, and then reduced in the following year.

In value terms, mullite imports declined remarkably to $647K in 2022. Overall, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of $858K, and then contracted significantly in the following year.

Import of Mullite in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2621142563156.3%
Germany192145324188-0.7%
China40.161.312890.131.0%
Japan15.454.647.349.347.4%
Chile15.6N/AN/AN/A0%
Others1921801035.2-70.0%
Total717556858647-3.4%

Top Suppliers of Mullite to Brazil in 2022:

  1. United States (473.2 tons)
  2. Germany (65.2 tons)
  3. Japan (22.0 tons)
  4. China (19.0 tons)

Mullite Exports in Brazil

In 2022, mullite exports from Brazil fell sharply to 45 tons, waning by -83.6% against the year before. Over the period under review, exports recorded a dramatic descent. The smallest decline of -17.7% was in 2021.

In value terms, mullite exports reduced remarkably to $40K in 2022. In general, exports continue to indicate a dramatic descent. The smallest decline of -0.5% was in 2021.

Export of Mullite in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico5.18.213.139.798.2%
Argentina43.740.036.8N/A-8.2%
United States297198214N/A-15.1%
Italy23.349.142.2N/A34.6%
Others27.160.948.3N/A33.5%
Total39635635439.7-53.5%

Top Export Markets for Mullite from Brazil in 2022:

  1. Mexico (45.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Mullite - Brazil