Brazil: Amino-Resin Market 2024

Amino-Resin Market Size in Brazil

The Brazilian amino-resin market dropped modestly to $X in 2022, remaining stable against the previous year. Over the period under review, consumption, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Amino-Resin Production in Brazil

In value terms, amino-resin production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Amino-Resin Exports

Exports from Brazil

In 2022, exports of amino-resins, phenolic resins and polyurethanes (in primary forms) from Brazil reached X tons, surging by X% on 2021 figures. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, amino-resin exports skyrocketed to $X in 2022. In general, exports enjoyed measured growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Argentina (X tons) was the main destination for amino-resin exports from Brazil, accounting for a X% share of total exports. Moreover, amino-resin exports to Argentina exceeded the volume sent to the second major destination, Paraguay (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and the United States (X% per year).

In value terms, Argentina ($X) remains the key foreign market for amino-resins, phenolic resins and polyurethanes (in primary forms) exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average amino-resin export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Amino-Resin Imports

Imports into Brazil

In 2022, amino-resin imports into Brazil expanded to X tons, increasing by X% against 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, amino-resin imports soared to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of amino-resin to Brazil, accounting for a X% share of total imports. Moreover, amino-resin imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of amino-resins, phenolic resins and polyurethanes (in primary forms) to Brazil, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

Import Prices by Country

The average amino-resin import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; afterwards, it flattened through to 2022.

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

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

Source: IndexBox Platform

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