Brazil: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in Brazil

In 2021, the Brazilian amine-function compounds market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, recorded a perceptible reduction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Amine-Function Compounds Production in Brazil

In value terms, amine-function compounds production rose markedly to $X in 2021 estimated in export price. Overall, production, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2013 when the production volume increased by 26% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Amine-Function Compounds Exports

Exports from Brazil

In 2021, shipments abroad of amine-function compounds increased by 0.1% to X tons, rising for the second year in a row after two years of decline. In general, exports showed a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 354%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, amine-function compounds exports surged to $X in 2021. Over the period under review, exports saw strong growth. The growth pace was the most rapid in 2013 when exports increased by 116% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons), the United States (X tons) and Uruguay (X tons) were the main destinations of amine-function compounds exports from Brazil, with a combined 56% share of total exports. India, South Korea, Argentina and Colombia lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +194.4%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for amine-function compounds exports from Brazil, comprising 29% of total exports. The second position in the ranking was held by the United States ($X), with a 13% share of total exports. It was followed by India, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +52.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.3% per year) and India (+115.1% per year).

Export Prices by Country

The average amine-function compounds export price stood at $X per ton in 2021, jumping by 26% against the previous year. Overall, the export price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 64% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (-0.3%), while the prices for the other major destinations experienced a decline.

Amine-Function Compounds Imports

Imports into Brazil

Amine-function compounds imports into Brazil contracted to X tons in 2021, therefore, remained relatively stable against 2020 figures. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 30% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, amine-function compounds imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 21%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), China (X tons) and Belgium (X tons) were the main suppliers of amine-function compounds imports to Brazil, together accounting for 69% of total imports. These countries were followed by India, Mexico, Germany, South Africa and South Korea, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +33.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and India ($X) were the largest amine-function compounds suppliers to Brazil, together accounting for 67% of total imports. Belgium, Germany, Mexico, South Korea and South Africa lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, Mexico, with a CAGR of +19.2%, 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 more modest paces of growth.

Import Prices by Country

The average amine-function compounds import price stood at $X per ton in 2021, with an increase of 17% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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