MERCOSUR: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in MERCOSUR

In 2022, after three years of decline, there was significant growth in the MERCOSUR cyclanic, cyclenic hydrocarbons derivatives market, when its value increased by 9.5% to $X. In general, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in MERCOSUR

In value terms, cyclanic, cyclenic hydrocarbons derivatives production soared to $X in 2022 estimated in export price. Overall, production continues to indicate a sharp contraction. The growth pace was the most rapid in 2013 when the production volume increased by 5,903%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports in MERCOSUR

In 2021, the amount of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exported in MERCOSUR totaled X kg, leveling off at 2020 figures. Overall, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 7,704% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports stood at $X in 2021. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2013 when exports increased by 1,253%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

In 2021, Colombia (X kg) was the main exporter of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons in MERCOSUR, constituting 100% of total export.

Colombia was also the fastest-growing in terms of the halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exports, with a CAGR of +5.3% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In Colombia, cyclanic, cyclenic hydrocarbons derivatives exports expanded at an average annual rate of +35.5% over the period from 2012-2021.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, leveling off at the previous year. In general, the export price saw a significant increase. The pace of growth was the most pronounced in 2014 when the export price increased by 936%. Over the period under review, the export prices hit record highs at $X per ton in 2016; afterwards, it flattened through to 2021.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Colombia amounted to +28.7% per year.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports in MERCOSUR

In 2022, after three years of decline, there was significant growth in overseas purchases of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons, when their volume increased by 277% to X tons. In general, imports, however, recorded a dramatic decline. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports rose rapidly to $X in 2022. Overall, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 108%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Brazil represented the major importing country with an import of around X tons, which recorded 69% of total imports. Argentina (X kg) took the second position in the ranking, followed by Ecuador (X kg). All these countries together held near 18% share of total imports. Chile (X kg), Peru (X kg), Paraguay (X kg) and Colombia (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cyclanic, cyclenic hydrocarbons derivatives imports into Brazil stood at -27.7%. At the same time, Paraguay (+80.7%), Ecuador (+76.7%), Colombia (+28.8%) and Peru (+2.3%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +80.7% from 2012-2022. By contrast, Argentina (-30.2%) and Chile (-44.7%) illustrated a downward trend over the same period. Brazil (+21 p.p.), Ecuador (+7.9 p.p.), Peru (+3.2 p.p.), Paraguay (+3 p.p.) and Colombia (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while Chile saw its share reduced by -38% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons in MERCOSUR, comprising 68% of total imports. The second position in the ranking was taken by Ecuador ($X), with a 17% share of total imports. It was followed by Peru, with a 4.8% share.

In Brazil, cyclanic, cyclenic hydrocarbons derivatives imports plunged by an average annual rate of -15.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Ecuador (+61.1% per year) and Peru (+22.5% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, with a decrease of -72% against the previous year. Over the period under review, the import price, however, saw significant growth. The growth pace was the most rapid in 2019 when the import price increased by 647%. The level of import peaked at $X per ton in 2021, and then shrank rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+23.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform