Latin America and the Caribbean: Unsaturated Monohydric Alcohols Market 2024

Unsaturated Monohydric Alcohols Market Size in Latin America and the Caribbean

The Latin American unsaturated monohydric alcohols market dropped to $X in 2022, declining by X% against the previous year. Overall, consumption, however, saw a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Unsaturated Monohydric Alcohols Production in Latin America and the Caribbean

In value terms, unsaturated monohydric alcohols production fell to $X in 2022 estimated in export price. In general, production showed a deep contraction. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Unsaturated Monohydric Alcohols Exports

Exports in Latin America and the Caribbean

Unsaturated monohydric alcohols exports fell sharply to X tons in 2022, which is down by X% against 2021. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, unsaturated monohydric alcohols exports contracted sharply to $X in 2022. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil was the main exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by the Dominican Republic (X tons), Guatemala (X tons) and Colombia (X tons), together constituting a X% share of total exports. Mexico (X tons) and Uruguay (X tons) took a minor share of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Uruguay (X%), Guatemala (X%) and the Dominican Republic (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Colombia experienced a relatively flat trend pattern. By contrast, Mexico (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.), the Dominican Republic (X p.p.), Guatemala (X p.p.), Colombia (X p.p.) and Uruguay (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Mexico (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) emerged as the largest unsaturated monohydric alcohols supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

In Brazil, unsaturated monohydric alcohols exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Guatemala (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price posted a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

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

Unsaturated Monohydric Alcohols Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of unsaturated monohydric alcohols increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, unsaturated monohydric alcohols imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Mexico (X tons) and Brazil (X tons) dominates imports structure, together comprising X% of total imports. It was distantly followed by Nicaragua (X tons), Argentina (X tons) and Colombia (X tons), together comprising a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Colombia and Nicaragua lagged somewhat behind, together accounting for a further X%.

Nicaragua, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Colombia ($X per ton), while Nicaragua ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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