MERCOSUR: Dichloromethane Market 2024

Dichloromethane Exports

Exports in MERCOSUR

In 2021, the amount of dichloromethane (methylene chloride) exported in MERCOSUR dropped modestly to X tons, almost unchanged from the previous year's figure. Over the period under review, exports, however, showed a tangible increase. The pace of growth was the most pronounced in 2014 with an increase of 410%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, dichloromethane exports surged to $X in 2021. In general, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2020 when exports increased by 90% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Chile represented the main exporter of dichloromethane (methylene chloride) in MERCOSUR, with the volume of exports finishing at X tons, which was approx. 76% of total exports in 2021. It was distantly followed by Colombia (X tons), creating a 22% share of total exports. Brazil (X tons) took a minor share of total exports.

Chile was also the fastest-growing in terms of the dichloromethane (methylene chloride) exports, with a CAGR of +20.0% from 2012 to 2021. At the same time, Colombia (+14.9%) displayed positive paces of growth. By contrast, Brazil (-21.8%) illustrated a downward trend over the same period. Chile (+55 p.p.) and Colombia (+13 p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by -25.8% from 2012 to 2021, respectively.

In value terms, Chile ($X) remains the largest dichloromethane supplier in MERCOSUR, comprising 61% of total exports. The second position in the ranking was taken by Colombia ($X), with a 31% share of total exports.

In Chile, dichloromethane exports increased at an average annual rate of +20.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Colombia (+15.5% per year) and Brazil (-16.2% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, jumping by 22% against the previous year. In general, the export price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 44% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 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, the country with the highest price was Brazil ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+7.1%), while the other leaders experienced more modest paces of growth.

Dichloromethane Imports

Imports in MERCOSUR

In 2021, the amount of dichloromethane (methylene chloride) imported in MERCOSUR was estimated at X tons, with an increase of 10% compared with the previous year's figure. Overall, imports, however, saw a mild setback. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, dichloromethane imports soared to $X in 2021. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil was the key importing country with an import of about X tons, which recorded 62% of total imports. Argentina (X tons) held the second position in the ranking, followed by Peru (X tons) and Colombia (X tons). All these countries together took near 28% share of total imports. Chile (X tons), Venezuela (X tons) and Paraguay (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to dichloromethane imports into Brazil stood at -1.0%. At the same time, Chile (+4.4%) and Paraguay (+2.6%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +4.4% from 2012-2021. Peru experienced a relatively flat trend pattern. By contrast, Colombia (-2.6%), Venezuela (-4.1%) and Argentina (-4.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Chile increased by +1.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported dichloromethane (methylene chloride) in MERCOSUR, comprising 62% of total imports. The second position in the ranking was held by Argentina ($X), with an 11% share of total imports. It was followed by Colombia, with a 9.8% share.

In Brazil, dichloromethane imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Argentina (-1.4% per year) and Colombia (+0.5% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, growing by 56% against the previous year. Import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Colombia ($X per ton) and Paraguay ($X per ton), while Peru ($X per ton) and Venezuela ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform