Brazil: Industrial Fatty Alcohols Market 2024

Industrial Fatty Alcohols Market Size in Brazil

The Brazilian industrial fatty alcohols market rose markedly to $X in 2021, with an increase of 11% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Industrial Fatty Alcohols Production in Brazil

In value terms, industrial fatty alcohols production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by 26%. Industrial fatty alcohols production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Industrial Fatty Alcohols Exports

Exports from Brazil

Industrial fatty alcohols exports from Brazil skyrocketed to X tons in 2021, with an increase of 22% on 2020. Over the period under review, exports, however, showed a perceptible decline. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, industrial fatty alcohols exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt curtailment. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for industrial fatty alcohols exports from Brazil, accounting for a 80% share of total exports. Moreover, industrial fatty alcohols exports to Argentina exceeded the volume sent to the second major destination, Uruguay (X tons), sixfold. The third position in this ranking was held by Colombia (X tons), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+100.4% per year) and Colombia (+22.8% per year).

In value terms, Argentina ($X) remains the key foreign market for industrial fatty alcohols exports from Brazil, comprising 83% of total exports. The second position in the ranking was taken by Uruguay ($X), with an 8.7% share of total exports. It was followed by Colombia, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+86.5% per year) and Colombia (+16.1% per year).

Export Prices by Country

The average industrial fatty alcohols export price stood at $X per ton in 2021, picking up by 21% against the previous year. Overall, the export price, however, continues to indicate a slight reduction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Uruguay ($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 China (+22.3%), while the prices for the other major destinations experienced mixed trend patterns.

Industrial Fatty Alcohols Imports

Imports into Brazil

In 2021, supplies from abroad of industrial fatty alcohols increased by 38% to X tons, rising for the second consecutive year after two years of decline. Overall, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +123.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 61% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, industrial fatty alcohols imports surged to $X in 2021. In general, imports continue to indicate a mild expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest industrial fatty alcohols supplier to Brazil, with a 39% share of total imports. Moreover, industrial fatty alcohols imports from the United States exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold. India (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+39.5% per year) and India (+0.1% per year).

In value terms, the largest industrial fatty alcohols suppliers to Brazil were the United States ($X), Indonesia ($X) and India ($X), with a combined 61% share of total imports. Germany, the Netherlands, Malaysia, Singapore and Thailand lagged somewhat behind, together comprising a further 35%.

The Netherlands, with a CAGR of +116.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average industrial fatty alcohols import price stood at $X per ton in 2021, surging by 22% against the previous year. Over the period under review, the import price, however, continues to indicate a mild descent. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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