Brazil: Aniline Market 2024

Aniline Market Size in Brazil

The Brazilian aniline market dropped notably to $X in 2021, waning by -72.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a deep slump. Aniline consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Aniline Exports

Exports from Brazil

In 2021, the amount of aniline and its salts (excluding derivatives) exported from Brazil declined to X kg, reducing by -2.2% against 2020 figures. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2017 when exports increased by 453,700% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, aniline exports surged to $X in 2021. Over the period under review, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when exports increased by 50,342% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Marshall Islands (X kg) was the main destination for aniline exports from Brazil, accounting for a 43% share of total exports. Moreover, aniline exports to Marshall Islands exceeded the volume sent to the second major destination, Argentina (X kg), fivefold. Cayman Islands (X kg) ranked third in terms of total exports with a 9% share.

From 2013 to 2021, the average annual rate of growth in terms of volume to Marshall Islands amounted to +101.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+43.1% per year) and Cayman Islands (+144.9% per year).

In value terms, Marshall Islands ($X) emerged as the key foreign market for aniline and its salts (excluding derivatives) exports from Brazil, comprising 45% of total exports. The second position in the ranking was taken by Argentina ($X), with a 20% share of total exports. It was followed by Cayman Islands, with a 5.7% share.

From 2013 to 2021, the average annual growth rate of value to Marshall Islands stood at +224.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+5.9% per year) and Cayman Islands (+312.3% per year).

Export Prices by Country

The average aniline export price stood at $X per ton in 2021, picking up by 58% against the previous year. In general, the export price, however, faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 an increase of 75% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

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

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cayman Islands (+70.5%), while the prices for the other major destinations experienced more modest paces of growth.

Aniline Imports

Imports into Brazil

After four years of growth, supplies from abroad of aniline and its salts (excluding derivatives) decreased by -72.5% to X tons in 2021. Over the period under review, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 377% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, aniline imports reduced remarkably to $X in 2021. Overall, imports faced a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 421%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of aniline to Brazil, with a 71% share of total imports. Moreover, aniline imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +120.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-28.5% per year) and Portugal (+126.3% per year).

In value terms, China ($X) constituted the largest supplier of aniline and its salts (excluding derivatives) to Brazil, comprising 62% of total imports. The second position in the ranking was taken by the United States ($X), with a 30% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +43.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-26.8% per year) and Portugal (+50.2% per year).

Import Prices by Country

The average aniline import price stood at $X per ton in 2021, with a decrease of -1.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 21%. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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