Market research

Magnesite market in Brazil

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

In 2018, Brazil's natural magnesium carbonate market volume stood at 2,981 thousand tons. The industry was characterized by high concentration, with four firms dominating production—most notably Magnesita S.A., which held 97.28% of sector revenue. Mining activity was focused in states like Bahia and Ceará, underpinned by 31 active concessions. Market size saw a marginal decline to 2,957 thousand tons in 2019.

A sharp contraction occurred in 2020, with the market volume falling to 1,994 thousand tons. It then stabilized at approximately 2,000 thousand tons through 2021 and 2022. Despite this lower production level, Brazil remained a key global exporter, with magnesium carbonate exports valued at around $95.7 million in 2021, placing the country among the world's top suppliers.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2022
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2022
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Brazil
  1. 5.1.1. Annual dynamics of production in Brazil in kind, 2018-2022, K t
  2. 5.1.2. Annual dynamics of production in Brazil in value, 2018-2022, $ US
2. 5.2. Global production by Country, 2018-2022
  1. 5.2.1. Annual dynamics of production by country in kind, 2018-2022, K t
  2. 5.2.2. Structure of production by countries in kind, 2018-2022
  3. 5.2.3. Dynamics of peoduction structure by countries in kind, 2018-2022
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Brazil, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2025, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Brazil, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2025, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Brazil, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2025, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Brazil, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production magnesite in Brazil

In kind, 2018-2021, K t

From 2018 to 2021, Brazil ranked third globally in magnesite production volume.

Top producers of magnesite, 2018-2021

Source: SHEV.io

World map of production of magnesite, 2018-2021

Source: SHEV.io

Brazil's magnesite production increased after a two-year decline. In 2021, production reached 2 000 K t, remaining nearly unchanged from the previous year. Between 2018 and 2021, production fell by 32.9%, which translates to an annualized decline of 12.5%. The lowest production level was recorded in 2020 at 1 994 K t, with the largest year-on-year drop of 32.7% occurring that same year.

Annual dynamics of production in Brazil in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(0.6%)	(32.7%)	0.3%	(12.5%)

Source: SHEV.io

Exports magnesite from Brazil

Exports in kind, t

The market showed an unstable trend throughout the period. Exports reached their lowest point in 2020 at 3 t and peaked in 2019 at 5 048 t, representing a 1 576-fold difference between these years. In 2021, Brazil's magnesite exports amounted to 38 t, marking a sharp year-on-year increase of 1 092.4%. The largest decline occurred in 2020 at 99.9%, while the largest increase was recorded in 2019 at 80 541.6%.

Annual dynamics of product's exports from Brazil in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	80 541.6%	(99.9%)	1 092.4%	82.7%

Source: SHEV.io

From 2018 to 2021, the Netherlands remained the overwhelmingly dominant buyer of magnesite from Brazil, accounting for 99.0% of total exports in volume.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Brazil in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Volatility characterized the market during these years. Exports in value terms reached their lowest point in 2020 at 2.4 K $ US and peaked in 2019 at 306.8 K $ US, with a 127-fold difference between these years. In 2021, Brazil's magnesite exports totaled 39.7 K $ US, up by 1 542.5% from the previous year. The largest decline occurred in 2020 at 99.2%, while the largest increase was recorded in 2019 at 8 494.3%.

Annual dynamics of product's exports from Brazil in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	8 494.3%	(99.2%)	1 542.5%	123.2%

Source: SHEV.io

From 2018 to 2021, the Netherlands remained the leading buyer of magnesite from Brazil, accounting for 86.0% of total exports in value, with the remainder spread across many other countries.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Brazil in value, 2018-2021

Source: SHEV.io

Imports magnesite to Brazil

Imports in kind, t

Volatility characterized the market during these years. Imports reached their lowest point in 2020 at 2 t and peaked in 2018, with an 11.3-fold difference between these years. In 2021, Brazil imported 4 t of magnesite, up by 101.0% from the previous year. The largest decline occurred in 2020 at 87.3%.

Annual dynamics of product's imports to Brazil in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(30.5%)	(87.3%)	101.0%	(43.8%)

Source: SHEV.io

From 2018 to 2021, Canada remained the main source for imports in volume, with a share of 73.4% of total flows, while the rest was fragmented across numerous other destinations.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Brazil in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

After a two-year decrease, Brazil's magnesite imports increased. In 2021, import volume reached 10.4 K $ US, representing a steep rise of 58.0% from the previous year. Over the period from 2018 to 2021, imports decreased by 67.6%, with a compound annual growth rate of -31.3%. The lowest value was recorded in 2020 at 6.6 K $ US, with the largest decline of 62.0% occurring that year.

Annual dynamics of product's imports to Brazil in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(46.1%)	(62.0%)	58.0%	(31.3%)

Source: SHEV.io

From 2018 to 2021, Canada (57.8% of imports in value), Japan (10.9%), and China (10.2%) were the primary suppliers of magnesite to Brazil, jointly accounting for 78.8% of total imports in value terms.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Brazil in value, 2018-2021

Source: SHEV.io