Latin America and the Caribbean: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Latin America and the Caribbean

The Latin American market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reached $X in 2022, rising by 5.1% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Latin America and the Caribbean

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid dropped slightly to $X in 2022 estimated in export price. Overall, production, however, saw a mild contraction. The pace of growth was the most pronounced in 2017 with an increase of 12%. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports in Latin America and the Caribbean

In 2022, approx. X tons of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid were exported in Latin America and the Caribbean; falling by -30.4% against 2021. In general, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 48%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced remarkably to $X in 2022. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 150%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Chile (X tons) represented the main exporter of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid, committing 76% of total exports. It was distantly followed by Colombia (X tons), achieving a 22% share of total exports.

Chile experienced a relatively flat trend pattern with regard to volume of exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid. Colombia (-3.9%) illustrated a downward trend over the same period. Chile (+39 p.p.) and Colombia (+6 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier in Latin America and the Caribbean, comprising 74% of total exports. The second position in the ranking was held by Colombia ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile was relatively modest.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, waning by -5.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 69%. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Chile amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+0.5%).

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports in Latin America and the Caribbean

In 2022, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Latin America and the Caribbean dropped to X tons, which is down by -9.3% compared with 2021. Over the period under review, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 8%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced to $X in 2022. In general, imports saw a perceptible decrease. The growth pace was the most rapid in 2021 when imports increased by 61% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons) and Peru (X tons) were the main importers of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in 2022, resulting at near 33% and 25% of total imports, respectively. Mexico (X tons) ranks next in terms of the total imports with a 9.7% share, followed by Colombia (7.9%), El Salvador (5.6%) and Ecuador (5.3%). Guatemala (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Guatemala (with a CAGR of +4.5%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Brazil ($X), Peru ($X) and Mexico ($X) were the countries with the highest levels of imports in 2022, together comprising 68% of total imports. Colombia, El Salvador, Ecuador and Guatemala lagged somewhat behind, together comprising a further 22%.

Guatemala, with a CAGR of +4.9%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, remaining stable against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 58% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank slightly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Mexico ($X per ton) and El Salvador ($X per ton), while Peru ($X per ton) and Ecuador ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+1.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :