MERCOSUR: Polycarboxylic Acid Market 2024

Polycarboxylic Acid Market Size in MERCOSUR

In 2022, the MERCOSUR polycarboxylic acid market increased by X% to $X, rising for the seventh consecutive year after three years of decline. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Polycarboxylic Acid Production in MERCOSUR

In value terms, polycarboxylic acid production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2019; afterwards, it flattened through to 2022.

Polycarboxylic Acid Exports

Exports in MERCOSUR

In 2022, overseas shipments of polycarboxylic acids decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, polycarboxylic acid exports reached $X in 2022. Overall, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil represented the main exporting country with an export of around X tons, which reached X% of total exports. Chile (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (X%).

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. Chile (X%) and Colombia (X%) illustrated a downward trend over the same period. Chile (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Colombia ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Polycarboxylic Acid Imports

Imports in MERCOSUR

In 2022, supplies from abroad of polycarboxylic acids increased by X% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a pronounced decrease. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, polycarboxylic acid imports soared to $X in 2022. Overall, imports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Brazil represented the key importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Argentina (X tons), Peru (X tons) and Colombia (X tons), together creating a X% share of total imports. Ecuador (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest polycarboxylic acid importing markets in MERCOSUR were Brazil ($X), Argentina ($X) and Colombia ($X), together comprising X% of total imports. Peru and Ecuador lagged somewhat behind, together accounting for a further X%.

Peru, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Colombia ($X per ton), while Argentina ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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