Brazil: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Brazil

The Brazilian trichloroethylene and tetrachloroethylene market surged to $X in 2021, growing by 42% 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). Over the period under review, consumption, however, saw a deep slump. Trichloroethylene and tetrachloroethylene consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Brazil

In 2021, after four years of growth, there was significant decline in shipments abroad of trichloroethylene and tetrachloroethylene (perchloroethylene), when their volume decreased by -16.8% to X tons. Overall, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by 1,098%. Over the period under review, the exports hit record highs at X tons in 2020, and then shrank markedly in the following year.

In value terms, trichloroethylene and tetrachloroethylene exports surged to $X in 2021. In general, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 551% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Liberia (X tons) was the main destination for trichloroethylene and tetrachloroethylene exports from Brazil, accounting for a 68% share of total exports. Moreover, trichloroethylene and tetrachloroethylene exports to Liberia exceeded the volume sent to the second major destination, the UK (X tons), fourfold. The third position in this ranking was taken by Cayman Islands (X tons), with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Liberia stood at +127.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+21.1% per year) and Cayman Islands (-12.6% per year).

In value terms, Liberia ($X) emerged as the key foreign market for trichloroethylene and tetrachloroethylene (perchloroethylene) exports from Brazil, comprising 67% of total exports. The second position in the ranking was taken by the UK ($X), with a 14% share of total exports. It was followed by Cayman Islands, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Liberia stood at +148.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+24.5% per year) and Cayman Islands (+5.8% per year).

Export Prices by Country

In 2021, the average trichloroethylene and tetrachloroethylene export price amounted to $X per ton, increasing by 43% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 178% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to the UK ($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 Netherlands (+51.5%), while the prices for the other major destinations experienced more modest paces of growth.

Trichloroethylene And Tetrachloroethylene Imports

Imports into Brazil

In 2021, approx. X tons of trichloroethylene and tetrachloroethylene (perchloroethylene) were imported into Brazil; surging by 2.8% on 2020. Overall, imports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2019 when imports increased by 16% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, trichloroethylene and tetrachloroethylene imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a deep downturn. 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

The United States (X tons), China (X tons) and the Czech Republic (X tons) were the main suppliers of trichloroethylene and tetrachloroethylene imports to Brazil, together accounting for 98% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +32.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest trichloroethylene and tetrachloroethylene suppliers to Brazil were China ($X), the United States ($X) and the Czech Republic ($X), with a combined 98% share of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of +27.1%, saw the highest growth rate of 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 trichloroethylene and tetrachloroethylene import price stood at $X per ton in 2021, increasing by 67% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 China ($X per ton), while the price for France ($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 (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :