Latin America and the Caribbean: Triazine Herbicides Market 2020

Triazine Herbicides Market Size in Latin America and the Caribbean

The revenue of the triazine herbicides market in Latin America and the Caribbean amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the triazine herbicides market reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Triazine Herbicides Production in Latin America and the Caribbean

The triazine herbicides production stood at X tons in 2017, falling by -X% against the previous year. The triazine herbicides production continues to indicate a drastic decline. The pace of growth was the most pronounced in 2013, with an increase of X% y-o-y. The volume of triazine herbicides production peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Triazine Herbicides Exports in Latin America and the Caribbean

The exports stood at X tons in 2017, standing approx. at the previous year. The triazine herbicides exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. In that year, the triazine herbicides exports attained their peak volume of X tons. From 2014 to 2017, growth of the triazine herbicides exports failed to regain its momentum.

In value terms, triazine herbicides exports totaled $X in 2017. The triazine herbicides exports continue to indicate a slight reduction. In that year, the triazine herbicides exports attained their peak level of $X. From 2014 to 2017, growth of the triazine herbicides exports stood at a somewhat lower level.

Triazine Herbicides Exports by Country in Latin America and the Caribbean

Argentina was the main exporter of herbicides based on triazines in Latin America and the Caribbean, with the volume of exports reaching X tons, which was approx. X% of total exports in 2017. Guatemala (X tons) occupied the second position in the ranking, followed by Brazil (X tons), Mexico (X tons), Colombia (X tons) and Costa Rica (X tons). All these countries together held near X% share of total exports. Uruguay (X tons) followed a long way behind the leaders.

Exports from Argentina decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Uruguay (+X%), Guatemala (+X%), Mexico (+X%) and Costa Rica (+X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Brazil (-X%) and Colombia (-X%) illustrated a downward trend over the same period. Argentina (X%), Brazil (X%) and Colombia (X%) significantly strengthened its position in terms of the global exports, while Uruguay, Mexico and Guatemala saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest triazine herbicides markets worldwide were Argentina ($X), Brazil ($X) and Mexico ($X), together comprising X% of total exports. Colombia, Guatemala, Costa Rica and Uruguay lagged somewhat behind, together accounting for a further X%.

Uruguay (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Triazine Herbicides Export Prices by Country in Latin America and the Caribbean

In 2017, the triazine herbicides export price in Latin America and the Caribbean amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011, when the export prices increased by X% year-to-year. Over the period under review, the export prices for herbicides based on triazines reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Costa Rica (+X% per year), while the other leaders experienced more modest paces of growth.

Triazine Herbicides Imports in Latin America and the Caribbean

In 2017, the amount of herbicides based on triazines imported in Latin America and the Caribbean stood at X tons, jumping by X% against the previous year. The total imports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the triazine herbicides imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the triazine herbicides imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, triazine herbicides imports stood at $X in 2017. The triazine herbicides imports continue to indicate a remarkable increase. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Triazine Herbicides Imports by Country in Latin America and the Caribbean

In 2017, Brazil (X tons), distantly followed by Argentina (X tons), Bolivia (X tons), Mexico (X tons), Colombia (X tons), Uruguay (X tons) and Paraguay (X tons) represented the key importers of herbicides based on triazines, together generating X% of total imports. Peru (X tons), Chile (X tons), Ecuador (X tons), Nicaragua (X tons) and Honduras (X tons) took the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Peru (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest triazine herbicides markets worldwide were Brazil ($X), Argentina ($X) and Mexico ($X), together accounting for X% of total imports. These countries were followed by Chile, Colombia, Bolivia, Uruguay, Paraguay, Ecuador, Peru, Nicaragua and Honduras, which together accounted for a further X%.

Among the main importing countries , Peru (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Triazine Herbicides Import Prices by Country in Latin America and the Caribbean

The triazine herbicides import price in Latin America and the Caribbean stood at $X per ton in 2017, rising by X% against the previous year. The triazine herbicides import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. In that year, the import prices for herbicides based on triazines attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for herbicides based on triazines failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Chile ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform