Brazil: Alcohols Market 2021

Alcohols Market Size in Brazil

The Brazilian alcohols market expanded rapidly to $X in 2020, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Alcohols Production in Brazil

In value terms, alcohols production reduced modestly to $X in 2020 estimated in export prices. In general, production, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Alcohols Exports

Exports from Brazil

For the third year in a row, Brazil recorded growth in overseas shipments of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, which increased by X% to X tons in 2020. Over the period under review, exports recorded noticeable growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, alcohols exports skyrocketed to $X in 2020. Overall, exports saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for alcohols exports from Brazil, with a X% share of total exports. Moreover, alcohols exports to China exceeded the volume sent to the second major destination, Argentina (X tons), fourfold. The third position in this ranking was occupied by Russia (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-X% per year) and Russia (+X% per year).

In value terms, China ($X) emerged as the key foreign market for alcohols exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Argentina (-X% per year).

Export Prices by Country

The average alcohols export price stood at $X per ton in 2020, waning by -X% against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced a decline.

Alcohols Imports

Imports into Brazil

In 2020, approx. X tons of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives were imported into Brazil; increasing by X% on the previous year. In general, imports posted a prominent increase. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. Imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, alcohols imports totaled $X in 2020. Over the period under review, total imports indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

Chile (X tons), Trinidad and Tobago (X tons) and the U.S. (X tons) were the main suppliers of alcohols imports to Brazil, with a combined X% share of total imports. Venezuela and Saudi Arabia lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alcohols suppliers to Brazil were Chile ($X), the U.S. ($X) and Trinidad and Tobago ($X), together comprising X% of total imports. These countries were followed by Venezuela and Saudi Arabia, which together accounted for a further X terms of the main suppliers, Saudi Arabia (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average alcohols import price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for Venezuela ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Chile, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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