MERCOSUR: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in MERCOSUR

The MERCOSUR market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X in 2021, stabilizing at the previous year. The market value increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in MERCOSUR

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 72% against the previous year. Over the period under review, production of attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports in MERCOSUR

In 2021, after two years of decline, there was significant growth in shipments abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals, when their volume increased by 45% to X tons. Over the period under review, exports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2017 when exports increased by 62%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals soared to $X in 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 83%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil dominates non-metals structure, accounting for X tons, which was approx. 87% of total exports in 2021. It was distantly followed by Colombia (X kg), making up a 7.2% share of total exports. The following exporters - Argentina (X kg) and Chile (X kg) - each resulted at a 5.5% share of total exports.

Exports from Brazil decreased at an average annual rate of -4.0% from 2012 to 2021. At the same time, Colombia (+11.2%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +11.2% from 2012-2021. By contrast, Argentina (-4.6%) and Chile (-18.9%) illustrated a downward trend over the same period. Colombia (+5.4 p.p.) and Brazil (+3.8 p.p.) significantly strengthened its position in terms of the total exports, while Chile saw its share reduced by -9.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest chlorides and phosphorus oxychloride and halides supplier in MERCOSUR, comprising 94% of total exports. The second position in the ranking was taken by Colombia ($X), with a 3.3% share of total exports. It was followed by Chile, with a 2.2% share.

In Brazil, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals expanded at an average annual rate of +3.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Colombia (+0.3% per year) and Chile (-23.5% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, rising by 17% against the previous year. Over the period under review, the export price showed a measured increase. The most prominent rate of growth was recorded in 2020 an increase of 69% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Brazil ($X per ton), while Argentina ($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 (+7.8%), while the other leaders experienced a decline in the export price figures.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports in MERCOSUR

In 2021, supplies from abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -5.2% to X tons, falling for the third consecutive year after two years of growth. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2017 when imports increased by 13% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals rose rapidly to $X in 2021. In general, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 when imports increased by 30%. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil prevails in non-metals structure, recording X tons, which was near 82% of total imports in 2021. It was distantly followed by Suriname (X tons), making up a 7.5% share of total imports. Colombia (X tons), Chile (X tons) and Argentina (X tons) followed a long way behind the leaders.

Imports into Brazil decreased at an average annual rate of -2.9% from 2012 to 2021. At the same time, Colombia (+18.9%) and Chile (+3.5%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +18.9% from 2012-2021. By contrast, Argentina (-25.1%) and Suriname (-25.3%) illustrated a downward trend over the same period. Brazil (+40 p.p.), Colombia (+3.2 p.p.) and Chile (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while Argentina and Suriname saw its share reduced by -10.6% and -33% from 2012 to 2021, respectively.

In value terms, Brazil ($X) constitutes the largest market for imported chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in MERCOSUR, comprising 70% of total imports. The second position in the ranking was taken by Argentina ($X), with a 7.9% share of total imports. It was followed by Colombia, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil stood at -4.2%. In the other countries, the average annual rates were as follows: Argentina (-8.3% per year) and Colombia (+12.5% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, picking up by 11% against the previous year. Import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by +38.2% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the import price increased by 35% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Argentina ($X per ton), while Suriname ($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 (+22.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform