Latin America and the Caribbean: Peroxosulphates Market 2024

Peroxosulphates Market Size in Latin America and the Caribbean

In 2021, the Latin American peroxosulphates market increased by 26% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Peroxosulphates Production in Latin America and the Caribbean

In value terms, peroxosulphates production contracted to $X in 2021 estimated in export price. In general, production, however, saw prominent growth. The growth pace was the most rapid in 2015 with an increase of 227%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Peroxosulphates Exports

Exports in Latin America and the Caribbean

Peroxosulphates exports soared to X tons in 2021, increasing by 168% compared with 2020 figures. Over the period under review, exports enjoyed notable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, peroxosulphates exports soared to $X in 2021. Overall, exports showed a notable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil represented the key exporting country with an export of about X tons, which accounted for 41% of total exports. It was distantly followed by Colombia (X tons), Mexico (X tons), the Dominican Republic (X tons) and Peru (X tons), together creating a 53% share of total exports. Panama (X tons) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Peru (with a CAGR of +45.2%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest peroxosulphates supplier in Latin America and the Caribbean, comprising 53% of total exports. The second position in the ranking was held by Colombia ($X), with a 17% share of total exports. It was followed by Mexico, with a 12% share.

In Brazil, peroxosulphates exports expanded at an average annual rate of +38.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (+17.1% per year) and Mexico (-6.8% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, surging by 12% against the previous year. Export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peroxosulphates export price increased by +71.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by 54% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Panama ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+17.6%), while the other leaders experienced more modest paces of growth.

Peroxosulphates Imports

Imports in Latin America and the Caribbean

In 2021, approx. X tons of peroxosulphates (persulphates) were imported in Latin America and the Caribbean; growing by 17% against the previous year. The total import volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 23%. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, peroxosulphates imports soared to $X in 2021. The total import value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil was the key importing country with an import of about X tons, which amounted to 50% of total imports. Mexico (X tons) took a 28% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (7.6%). The following importers - Colombia (X tons), Guatemala (X tons) and Chile (X tons) - together made up 8.4% of total imports.

From 2012 to 2021, the biggest increases were in Colombia (with a CAGR of +6.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2021, with a combined 81% share of total imports. Colombia, Chile and Guatemala lagged somewhat behind, together accounting for a further 9.5%.

Among the main importing countries, Guatemala, with a CAGR of +14.5%, 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

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, increasing by 12% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 13%. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Colombia ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+10.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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