MERCOSUR: Acetic Anhydride Market 2024

Acetic Anhydride Market Size in MERCOSUR

The MERCOSUR acetic anhydride market dropped to $X in 2021, declining by -10.7% against the previous year. The total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +18.9% against 2019 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Acetic Anhydride Production in MERCOSUR

In value terms, acetic anhydride production totaled $X in 2021 estimated in export price. Overall, production showed a mild contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 42% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Acetic Anhydride Exports

Exports in MERCOSUR

In 2021, exports of acetic anhydride in MERCOSUR rose sharply to X tons, growing by 14% compared with the previous year's figure. Overall, exports, however, recorded a sharp decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 232%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, acetic anhydride exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 95% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil was the major exporter of acetic anhydride in MERCOSUR, with the volume of exports reaching X tons, which was approx. 66% of total exports in 2021. It was distantly followed by Argentina (X tons), making up a 34% 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 Brazil (with a CAGR of -0.5%).

In value terms, Brazil ($X) remains the largest acetic anhydride supplier in MERCOSUR, comprising 81% of total exports. The second position in the ranking was taken by Argentina ($X), with a 19% share of total exports.

In Brazil, acetic anhydride exports contracted by an average annual rate of -2.1% over the period from 2012-2021.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, rising by 11% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by 62% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-1.6%).

Acetic Anhydride Imports

Imports in MERCOSUR

Acetic anhydride imports fell markedly to X tons in 2021, shrinking by -16% compared with 2020. Total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +22.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 45%. As a result, imports attained the peak of X tons, and then reduced sharply in the following year.

In value terms, acetic anhydride imports fell to $X in 2021. Total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -19.7% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 70%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Brazil was the main importer of acetic anhydride in MERCOSUR, with the volume of imports accounting for X tons, which was near 79% of total imports in 2021. It was distantly followed by Colombia (X tons) and Argentina (X tons), together generating a 20% share of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of acetic anhydride. At the same time, Argentina (+27.2%) and Colombia (+13.2%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +27.2% from 2012-2021. From 2012 to 2021, the share of Argentina and Colombia increased by +8.9 and +6.5 percentage points, respectively.

In value terms, Brazil ($X) constitutes the largest market for imported acetic anhydride in MERCOSUR, comprising 68% of total imports. The second position in the ranking was taken by Argentina ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Brazil totaled -1.5%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+31.4% per year) and Colombia (+8.8% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, with an increase of 6.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 19%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+3.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform