MERCOSUR: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in MERCOSUR

In 2022, the MERCOSUR cyclic hydrocarbons market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption continues to indicate a perceptible decline. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Cyclic Hydrocarbons Production in MERCOSUR

In value terms, cyclic hydrocarbons production totaled $X in 2022 estimated in export price. Overall, production saw a abrupt setback. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Cyclic Hydrocarbons Exports

Exports in MERCOSUR

In 2022, approx. X tons of cyclic hydrocarbons were exported in MERCOSUR; shrinking by X% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, cyclic hydrocarbons exports contracted notably to $X in 2022. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil represented the key exporter of cyclic hydrocarbons in MERCOSUR, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Colombia (X tons), achieving an X% share of total exports.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. Colombia (X%) illustrated a downward trend over the same period. Colombia (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest cyclic hydrocarbons supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at X%.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Colombia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Cyclic Hydrocarbons Imports

Imports in MERCOSUR

In 2022, after four years of growth, there was significant decline in purchases abroad of cyclic hydrocarbons, when their volume decreased by X% to X tons. Total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted markedly in the following year.

In value terms, cyclic hydrocarbons imports reduced to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) was the major importer of cyclic hydrocarbons, mixing up X% of total imports. Colombia (X tons) ranks second in terms of the total imports with a X% share, followed by Chile (X%). Argentina (X tons), Peru (X tons) and Ecuador (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cyclic hydrocarbons imports into Brazil stood at X%. At the same time, Chile (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Colombia experienced a relatively flat trend pattern. By contrast, Peru (X%) and Argentina (X%) illustrated a downward trend over the same period. Brazil (X p.p.) and Chile (X p.p.) significantly strengthened its position in terms of the total imports, while Peru, Argentina and Colombia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported cyclic hydrocarbons in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform