Brazil: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Brazil

The Brazilian market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption, however, recorded a mild setback. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Brazil

In 2022, overseas shipments of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -84% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 370%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid shrank remarkably to $X in 2022. Over the period under review, exports faced a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 410%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Paraguay (X tons), Chile (X tons) and Bolivia (X tons) were the main destinations of exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Brazil, together accounting for 87% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of +27.9%), while the other leaders experienced mixed trend patterns.

In value terms, Paraguay ($X) emerged as the key foreign market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exports from Brazil, comprising 45% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 21% share of total exports. It was followed by Chile, with a 17% share.

From 2012 to 2022, the average annual growth rate of value to Paraguay amounted to +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+22.0% per year) and Chile (+10.4% per year).

Export Prices by Country

In 2022, the average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, picking up by 44% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +56.2% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 65%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Colombia ($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 Uruguay (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Brazil

After two years of decline, overseas purchases of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 52% to X tons in 2022. Overall, imports, however, saw a pronounced contraction. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid surged to $X in 2022. In general, imports, however, recorded a perceptible reduction. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Chile (X tons) constituted the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier to Brazil, accounting for a 63% share of total imports. Moreover, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Chile exceeded the figures recorded by the second-largest supplier, Colombia (X tons), fourfold. India (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile totaled -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+2.8% per year) and India (+7.1% per year).

In value terms, Chile ($X) constituted the largest supplier of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Brazil, comprising 62% of total imports. The second position in the ranking was taken by Colombia ($X), with a 17% share of total imports. It was followed by India, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile totaled -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+3.0% per year) and India (+7.2% per year).

Import Prices by Country

In 2022, the average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, rising by 11% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 54%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :