Report Update Nov 1, 2024

Brazil - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends and Insights

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Brazil: Sorbitol Market 2024

Sorbitol Market Size in Brazil

For the fourth consecutive year, the Brazilian sorbitol market recorded decline in sales value, which decreased by -1.6% to $X in 2021. In general, consumption continues to indicate a dramatic shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sorbitol Exports

Exports from Brazil

In 2021, overseas shipments of sorbitol (excluding d-glucitol) decreased by -51.3% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2013 when exports increased by 4,880%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, sorbitol exports dropped remarkably to $X in 2021. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 6,800%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for sorbitol exports from Brazil, accounting for a 94% share of total exports. Moreover, sorbitol exports to Argentina exceeded the volume sent to the second major destination, Colombia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina amounted to +143.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+92.8% per year) and Mexico (-93.9% per year).

In value terms, Argentina ($X) emerged as the key foreign market for sorbitol (excluding d-glucitol) exports from Brazil, comprising 89% of total exports. The second position in the ranking was taken by Colombia ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Argentina stood at +122.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+35.9% per year) and Mexico (-94.1% per year).

Export Prices by Country

The average sorbitol export price stood at $X per ton in 2021, with an increase of 33% against the previous year. In general, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 39%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Colombia ($X per ton), while the average price for exports to Argentina ($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 Uruguay (+6.6%), while the prices for the other major destinations experienced a decline.

Sorbitol Imports

Imports into Brazil

For the fourth year in a row, Brazil recorded decline in overseas purchases of sorbitol (excluding d-glucitol), which decreased by -17.1% to X tons in 2021. In general, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2014 when imports increased by 21%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sorbitol imports dropped to $X in 2021. Overall, imports continue to indicate a sharp descent. The growth pace was the most rapid in 2014 with an increase of 13% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of sorbitol to Brazil, accounting for a 53% share of total imports. Moreover, sorbitol imports from France exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to -30.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.8% per year) and Italy (-2.5% per year).

In value terms, the United States ($X), France ($X) and Italy ($X) were the largest sorbitol suppliers to Brazil, together accounting for 88% of total imports.

The United States, with a CAGR of +3.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average sorbitol import price amounted to $X per ton, surging by 6.8% against the previous year. Over the period under review, the import price saw a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 51%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sorbitol (excluding d-glucitol) in the world?

France constituted the country with the largest volume of sorbitol consumption, comprising approx. 21% of total volume. Moreover, sorbitol consumption in France exceeded the figures recorded by the second-largest consumer, Poland, threefold. China ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of sorbitol (excluding d-glucitol) in the world?

The countries with the highest volumes of in 2021 were France, China and Indonesia, together accounting for 86% of global production. These countries were followed by the United States and Turkey, which together accounted for a further 12%.

What are the leading suppliers of sorbitol (excluding d-glucitol) to Brazil?

In value terms, India, France and Spain appeared to be the largest sorbitol suppliers to Brazil, together accounting for 73% of total imports.

What are the leading importers of sorbitol (excluding d-glucitol) from Brazil?

In value terms, Mexico emerged as the key foreign market for sorbitol exports from Brazil, comprising 33% of total exports. The second position in the ranking was occupied by Uruguay, with a 16% share of total exports. It was followed by Argentina, with a 12% share.

What is the average export price for sorbitol (excluding d-glucitol) in Brazil?

In 2021, the average sorbitol export price amounted to $482 per ton, shrinking by -15.8% against the previous year.

What is the average import price for sorbitol (excluding d-glucitol) in Brazil?

The average sorbitol import price stood at $1,302 per ton in 2021, approximately mirroring the previous year.

This report provides an in-depth analysis of the sorbitol market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20595770 - Sorbitol (excluding D-glucitol)

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023