Brazil: Ionones And Methylionones Market 2024

Ionones And Methylionones Market Size in Brazil

The Brazilian ionones and methylionones market shrank remarkably to $X in 2021, waning by -17.1% 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). The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Ionones and methylionones consumption peaked at $X in 2020, and then fell significantly in the following year.

Ionones And Methylionones Exports

Exports from Brazil

In 2021, the amount of ionones and methylionones exported from Brazil soared to X tons, growing by 1,558% on the previous year's figure. Overall, exports saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ionones and methylionones exports surged to $X in 2021. Over the period under review, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Argentina (X tons) was the main destination for ionones and methylionones exports from Brazil, with a 66% share of total exports. Moreover, ionones and methylionones exports to Argentina exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina stood at +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and the United States (-0.5% per year).

In value terms, the largest markets for ionones and methylionones exported from Brazil were the Netherlands ($X), Argentina ($X) and the United States ($X), together comprising 99% of total exports.

Among the main countries of destination, the United States, with a CAGR of +16.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ionones and methylionones export price stood at $X per ton in 2021, dropping by -6.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 94%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Argentina ($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 the United States (+17.5%), while the prices for the other major destinations experienced a decline.

Ionones And Methylionones Imports

Imports into Brazil

In 2021, after four years of growth, there was significant decline in purchases abroad of ionones and methylionones, when their volume decreased by -15.1% to X tons. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, imports attained the peak of X tons, and then shrank dramatically in the following year.

In value terms, ionones and methylionones imports fell to $X in 2021. Overall, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 24%. Over the period under review, imports reached the maximum at $X in 2020, and then fell in the following year.

Imports by Country

Germany (X tons), China (X tons) and Switzerland (X tons) were the main suppliers of ionones and methylionones imports to Brazil, together accounting for 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +7.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Switzerland ($X) and Germany ($X) were the largest ionones and methylionones suppliers to Brazil, with a combined 86% share of total imports.

Among the main suppliers, China, with a CAGR of +9.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ionones and methylionones import price stood at $X per ton in 2021, growing by 1.9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2016 when the average import price increased by 30% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 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 India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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