Brazil: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in Brazil

The Brazilian saturated acyclic hydrocarbons market contracted to $X in 2022, waning by -5.7% against the previous year. In general, consumption continues to indicate a noticeable reduction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Saturated Acyclic Hydrocarbons Production in Brazil

In value terms, saturated acyclic hydrocarbons production expanded to $X in 2022 estimated in export price. Overall, production saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by 25% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Saturated Acyclic Hydrocarbons Exports

Exports from Brazil

In 2022, shipments abroad of saturated acyclic hydrocarbons increased by 12% to X tons, rising for the fifth year in a row after two years of decline. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 1,144% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, saturated acyclic hydrocarbons exports surged to $X in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,014%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), the United States (X tons) and China (X tons) were the main destinations of saturated acyclic hydrocarbons exports from Brazil, with a combined 84% share of total exports. Colombia, South Korea and Japan lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +115.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for saturated acyclic hydrocarbons exported from Brazil were France ($X), the United States ($X) and China ($X), with a combined 89% share of total exports. South Korea, Japan and Colombia lagged somewhat behind, together comprising a further 8.9%.

In terms of the main countries of destination, Japan, with a CAGR of +160.6%, saw the highest rates of growth with regard to 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

In 2022, the average saturated acyclic hydrocarbons export price amounted to $X per ton, surging by 63% against the previous year. Over the period under review, the export price posted strong growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 255%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Colombia ($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 South Korea (+42.6%), while the prices for the other major destinations experienced more modest paces of growth.

Saturated Acyclic Hydrocarbons Imports

Imports into Brazil

Saturated acyclic hydrocarbons imports into Brazil shrank significantly to X tons in 2022, waning by -37.6% against 2021 figures. Over the period under review, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 726% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, saturated acyclic hydrocarbons imports rose remarkably to $X in 2022. In general, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 499% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of saturated acyclic hydrocarbons to Brazil, accounting for a 83% share of total imports. Moreover, saturated acyclic hydrocarbons imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. Mexico (X tons) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +25.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.1% per year) and Mexico (+25.2% per year).

In value terms, the United States ($X) constituted the largest supplier of saturated acyclic hydrocarbons to Brazil, comprising 71% of total imports. The second position in the ranking was taken by Germany ($X), with a 7.9% share of total imports. It was followed by the Netherlands, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.6% per year) and the Netherlands (+6.2% per year).

Import Prices by Country

The average saturated acyclic hydrocarbons import price stood at $X per ton in 2022, jumping by 80% against the previous year. In general, the import price, however, saw a noticeable reduction. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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