MERCOSUR: Market for Acid And Mordant Dyes And Preparations Based Thereon 2025

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in MERCOSUR

The MERCOSUR acid and mordant dye market skyrocketed to $X in 2021, surging by 35% against the previous year. Overall, consumption showed a slight expansion. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Acid And Mordant Dyes And Preparations Based Thereon in MERCOSUR

In value terms, acid and mordant dye production contracted to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt slump. The growth pace was the most rapid in 2015 with an increase of 29%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports in MERCOSUR

Acid and mordant dye exports declined slightly to X tons in 2021, waning by -4.4% against the previous year's figure. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 13% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, acid and mordant dye exports contracted modestly to $X in 2021. Overall, exports recorded a deep downturn. The growth pace was the most rapid in 2018 when exports increased by 11% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Colombia (X tons) represented the main exporter of acid and mordant dyes and preparations based thereon, comprising 74% of total exports. It was distantly followed by Brazil (X tons), creating an 18% share of total exports. The following exporters - Peru (X tons), Uruguay (X tons) and Argentina (X tons) - each amounted to a 6.7% share of total exports.

Exports from Colombia increased at an average annual rate of +15.2% from 2012 to 2021. At the same time, Uruguay (+34.6%) and Peru (+18.5%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +34.6% from 2012-2021. By contrast, Brazil (-12.2%) and Argentina (-40.4%) illustrated a downward trend over the same period. While the share of Colombia (+67 p.p.), Peru (+2.3 p.p.) and Uruguay (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Brazil (-1.6 p.p.) and Argentina (-70.8 p.p.) displayed negative dynamics.

In value terms, Colombia ($X) remains the largest acid and mordant dye supplier in MERCOSUR, comprising 75% of total exports. The second position in the ranking was taken by Brazil ($X), with a 19% share of total exports. It was followed by Argentina, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value in Colombia stood at +14.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-10.2% per year) and Argentina (-40.0% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, surging by 4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2014 an increase of 12%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+2.4%), while the other leaders experienced mixed trends in the export price figures.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports in MERCOSUR

In 2021, after two years of decline, there was significant growth in purchases abroad of acid and mordant dyes and preparations based thereon, when their volume increased by 47% to X tons. In general, imports saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, acid and mordant dye imports surged to $X in 2021. The total import value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Brazil (X tons) was the main importer of acid and mordant dyes and preparations based thereon, generating 60% of total imports. It was distantly followed by Argentina (X tons), Colombia (X tons) and Peru (X tons), together comprising a 32% share of total imports. The following importers - Ecuador (X tons), Uruguay (X tons) and Chile (X tons) - together made up 7% of total imports.

From 2012 to 2021, average annual rates of growth with regard to acid and mordant dye imports into Brazil stood at +2.5%. At the same time, Ecuador (+4.7%) and Colombia (+1.5%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +4.7% from 2012-2021. Peru and Argentina experienced a relatively flat trend pattern. By contrast, Chile (-3.5%) and Uruguay (-8.9%) illustrated a downward trend over the same period. Brazil (+7.8 p.p.) significantly strengthened its position in terms of the total imports, while Uruguay saw its share reduced by -3.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported acid and mordant dyes and preparations based thereon in MERCOSUR, comprising 60% of total imports. The second position in the ranking was taken by Argentina ($X), with a 16% share of total imports. It was followed by Colombia, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value in Brazil stood at +4.2%. In the other countries, the average annual rates were as follows: Argentina (+2.0% per year) and Colombia (+1.4% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, leveling off at the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2014 an increase of 34%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform