MERCOSUR: Sorbitol Market 2024

Sorbitol Market Size in MERCOSUR

In 2022, the MERCOSUR sorbitol market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, saw a pronounced decline. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Sorbitol Production in MERCOSUR

In value terms, sorbitol production fell modestly to $X in 2022 estimated in export price. Overall, production showed a perceptible slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by 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.

Sorbitol Exports

Exports in MERCOSUR

In 2022, shipments abroad of d-glucitol (sorbitol) increased by X% to X tons, rising for the fifth year in a row after two years of decline. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, sorbitol exports soared to $X in 2022. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Colombia (X tons), constituting a X% share of total exports. Chile (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the d-glucitol (sorbitol) exports, with a CAGR of X% from 2012 to 2022. At the same time, Colombia (X%) displayed positive paces of growth. By contrast, Chile (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price showed noticeable growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced more modest paces of growth.

Sorbitol Imports

Imports in MERCOSUR

In 2022, overseas purchases of d-glucitol (sorbitol) increased by X% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a pronounced increase 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. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sorbitol imports skyrocketed to $X in 2022. In general, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil represented the largest importer of d-glucitol (sorbitol) in MERCOSUR, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. Colombia (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (X%), Peru (X%) and Chile (X%).

Brazil was also the fastest-growing in terms of the d-glucitol (sorbitol) imports, with a CAGR of X% from 2012 to 2022. At the same time, Peru (X%) and Argentina (X%) displayed positive paces of growth. By contrast, Colombia (X%) and Chile (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Peru increased by X and X percentage points, respectively.

In value terms, Brazil ($X) constitutes the largest market for imported d-glucitol (sorbitol) in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Brazil, sorbitol imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform