Latin America and the Caribbean: Acyclic Hydrocarbons Derivatives Market 2025

Acyclic Hydrocarbons Derivatives Market Size in Latin America and the Caribbean

The Latin American acyclic hydrocarbons derivatives market expanded markedly to $X in 2021, picking up by 12% against the previous year. Over the period under review, consumption, however, saw a mild slump. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Acyclic Hydrocarbons Derivatives Production in Latin America and the Caribbean

In value terms, acyclic hydrocarbons derivatives production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 32% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Acyclic Hydrocarbons Derivatives Exports

Exports in Latin America and the Caribbean

In 2021, approx. X tons of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons were exported in Latin America and the Caribbean; with a decrease of -30.5% against the previous year. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 122% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, acyclic hydrocarbons derivatives exports shrank dramatically to $X in 2021. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 149% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico dominates exports structure, amounting to X tons, which was approx. 77% of total exports in 2021. It was distantly followed by Brazil (X tons), achieving a 7.3% share of total exports. The following exporters - Aruba (X tons), Ecuador (X tons), Costa Rica (X tons) and Guatemala (X tons) - together made up 12% of total exports.

From 2012 to 2021, average annual rates of growth with regard to acyclic hydrocarbons derivatives exports from Mexico stood at -13.3%. At the same time, Guatemala (+87.2%), Ecuador (+15.5%), Aruba (+11.6%) and Brazil (+11.5%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +87.2% from 2012-2021. By contrast, Costa Rica (-11.2%) illustrated a downward trend over the same period. While the share of Brazil (+6.4 p.p.), Aruba (+4.2 p.p.), Ecuador (+2.8 p.p.) and Guatemala (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Mexico (-16.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest acyclic hydrocarbons derivatives supplier in Latin America and the Caribbean, comprising 77% of total exports. The second position in the ranking was taken by Brazil ($X), with a 13% share of total exports. It was followed by Costa Rica, with a 2.1% share.

In Mexico, acyclic hydrocarbons derivatives exports plunged by an average annual rate of -13.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Brazil (+10.9% per year) and Costa Rica (-16.1% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, shrinking by -29.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 65%. Over the period under review, the export prices reached the maximum 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 amongst the major exporting countries. In 2021, the country with the highest price was Brazil ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (-0.5%), while the other leaders experienced a decline in the export price figures.

Acyclic Hydrocarbons Derivatives Imports

Imports in Latin America and the Caribbean

Acyclic hydrocarbons derivatives imports expanded notably to X tons in 2021, with an increase of 15% against the previous year. The total import volume increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by 20%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, acyclic hydrocarbons derivatives imports surged to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Mexico (X tons) and Brazil (X tons) prevails in imports structure, together comprising 75% of total imports. It was distantly followed by Argentina (X tons), achieving a 7.7% share of total imports. Colombia (X tons), Chile (X tons) and the Dominican Republic (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Dominican Republic (with a CAGR of +13.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons in Latin America and the Caribbean, comprising 53% of total imports. The second position in the ranking was taken by Brazil ($X), with a 26% share of total imports. It was followed by Argentina, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Mexico totaled +3.0%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+0.1% per year) and Argentina (+2.9% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, picking up by 2.5% against the previous year. In general, the import price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Mexico ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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