MERCOSUR: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in MERCOSUR

The MERCOSUR ammonium chloride market skyrocketed to $X in 2021, surging by 31% against the previous year. Overall, consumption, however, continues to indicate a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Ammonium Chloride Production in MERCOSUR

In value terms, ammonium chloride production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decrease. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Ammonium Chloride Exports

Exports in MERCOSUR

In 2021, overseas shipments of ammonium chloride were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a deep downturn. 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, ammonium chloride exports surged to $X in 2021. Over the period under review, exports, however, saw a noticeable decrease. 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 represented the main exporter of ammonium chloride in MERCOSUR, with the volume of exports resulting at X tons, which was approx. 59% of total exports in 2021. It was distantly followed by Colombia (X tons) and Ecuador (X tons), together making up a 37% share of total exports. Chile (X tons) held a minor share of total exports.

Exports from Brazil decreased at an average annual rate of -8.8% from 2012 to 2021. At the same time, Ecuador (+32.6%) and Colombia (+7.7%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +32.6% from 2012-2021. By contrast, Chile (-21.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Colombia and Ecuador increased by +15 and +15 percentage points, respectively.

In value terms, Brazil ($X) remains the largest ammonium chloride supplier in MERCOSUR, comprising 61% of total exports. The second position in the ranking was taken by Colombia ($X), with a 27% share of total exports. It was followed by Ecuador, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil amounted to -5.8%. In the other countries, the average annual rates were as follows: Colombia (+10.1% per year) and Ecuador (-6.4% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, picking up by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2016 an increase of 18%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 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 Colombia ($X per ton), while Ecuador ($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 (+3.3%), while the other leaders experienced mixed trends in the export price figures.

Ammonium Chloride Imports

Imports in MERCOSUR

In 2021, purchases abroad of ammonium chloride was finally on the rise to reach X tons after two years of decline. Total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -30.7% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 126%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ammonium chloride imports skyrocketed to $X in 2021. Total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -6.1% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 77%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil prevails in imports structure, accounting for X tons, which was near 72% of total imports in 2021. It was distantly followed by Argentina (X tons), Chile (X tons) and Peru (X tons), together constituting a 21% share of total imports. The following importers - Ecuador (X tons) and Colombia (X tons) - together made up 6.1% of total imports.

Brazil was also the fastest-growing in terms of the ammonium chloride imports, with a CAGR of +7.0% from 2012 to 2021. At the same time, Colombia (+2.9%), Ecuador (+2.7%) and Chile (+2.7%) displayed positive paces of growth. Peru experienced a relatively flat trend pattern. By contrast, Argentina (-3.5%) illustrated a downward trend over the same period. While the share of Brazil (+15 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Peru (-2 p.p.) and Argentina (-9.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported ammonium chloride in MERCOSUR, comprising 56% of total imports. The second position in the ranking was held by Colombia ($X), with a 12% share of total imports. It was followed by Argentina, with an 11% share.

In Brazil, ammonium chloride imports expanded at an average annual rate of +7.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (+3.0% per year) and Argentina (-0.9% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, picking up by 12% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by 26% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Colombia ($X per ton), while Chile ($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 (+12.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform