Brazil: Market for Industrial Monocarboxylic Fatty Acids 2025

Market Size for Industrial Monocarboxylic Fatty Acids in Brazil

The Brazilian industrial monocarboxylic fatty acids market dropped to $X in 2021, waning by -7% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Industrial Monocarboxylic Fatty Acids in Brazil

In value terms, industrial monocarboxylic fatty acids production shrank to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 21%. Industrial monocarboxylic fatty acids production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Industrial Monocarboxylic Fatty Acids

Exports from Brazil

In 2021, the amount of industrial monocarboxylic fatty acids exported from Brazil contracted slightly to X tons, with a decrease of -3.5% on 2020 figures. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of 28% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial monocarboxylic fatty acids exports fell to $X in 2021. Over the period under review, exports faced a abrupt downturn. The growth pace was the most rapid in 2019 when exports increased by 6.4%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for industrial monocarboxylic fatty acids exports from Brazil, accounting for a 29% share of total exports. Moreover, industrial monocarboxylic fatty acids exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Japan (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-23.3% per year) and Japan (-7.7% per year).

In value terms, the United States ($X) remains the key foreign market for industrial monocarboxylic fatty acids exports from Brazil, comprising 34% of total exports. The second position in the ranking was taken by Japan ($X), with a 14% share of total exports. It was followed by Argentina, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-15.0% per year) and Argentina (+10.4% per year).

Export Prices by Country

In 2021, the average industrial monocarboxylic fatty acids export price amounted to $X per ton, reducing by -1.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2017 an increase of 24% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($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 India (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Monocarboxylic Fatty Acids

Imports into Brazil

In 2021, approx. X tons of industrial monocarboxylic fatty acids were imported into Brazil; increasing by 9.6% on the previous year's figure. Overall, imports, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2020 with an increase of 26%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, industrial monocarboxylic fatty acids imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a mild slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest supplier of industrial monocarboxylic fatty acids to Brazil, accounting for a 55% share of total imports. Moreover, industrial monocarboxylic fatty acids imports from Indonesia exceeded the figures recorded by the second-largest supplier, Argentina (X tons), threefold. Malaysia (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Indonesia stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+5.1% per year) and Malaysia (-18.3% per year).

In value terms, Indonesia ($X) constituted the largest supplier of industrial monocarboxylic fatty acids to Brazil, comprising 55% of total imports. The second position in the ranking was held by Malaysia ($X), with a 13% share of total imports. It was followed by Argentina, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Indonesia totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-15.7% per year) and Argentina (+1.4% per year).

Import Prices by Country

The average industrial monocarboxylic fatty acids import price stood at $X per ton in 2021, picking up by 35% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :