MERCOSUR: Industrial Fatty Alcohols Market 2024

Industrial Fatty Alcohols Market Size in MERCOSUR

After two years of decline, the MERCOSUR industrial fatty alcohols market increased by 8.5% to $X in 2021. The market value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Industrial Fatty Alcohols Production in MERCOSUR

In value terms, industrial fatty alcohols production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 26% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Industrial Fatty Alcohols Exports

Exports in MERCOSUR

Industrial fatty alcohols exports skyrocketed to X tons in 2021, with an increase of 24% on the previous year. Over the period under review, exports, however, saw a noticeable contraction. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial fatty alcohols exports soared to $X in 2021. Overall, exports, however, recorded a drastic downturn. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil prevails in exports structure, reaching X tons, which was approx. 94% of total exports in 2021. Argentina (X tons) took a minor share of total exports.

Exports from Brazil decreased at an average annual rate of -4.5% from 2012 to 2021. Argentina (-1.7%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest industrial fatty alcohols supplier in MERCOSUR, comprising 95% of total exports. The second position in the ranking was taken by Argentina ($X), with a 3.4% share of total exports.

In Brazil, industrial fatty alcohols exports contracted by an average annual rate of -6.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, growing by 18% against the previous year. In general, the export price, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2014 an increase of 19% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Argentina amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-1.9%).

Industrial Fatty Alcohols Imports

Imports in MERCOSUR

In 2021, overseas purchases of industrial fatty alcohols increased by 15% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a temperate increase from 2012 to 2021: its volume 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, imports increased by +69.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 47%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, industrial fatty alcohols imports soared to $X in 2021. Overall, imports showed slight growth. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

Brazil prevails in imports structure, finishing at X tons, which was approx. 78% of total imports in 2021. Argentina (X tons) ranks second in terms of the total imports with an 8.3% share, followed by Chile (6%) and Colombia (5.4%).

From 2012 to 2021, average annual rates of growth with regard to industrial fatty alcohols imports into Brazil stood at +3.7%. At the same time, Chile (+35.7%) and Colombia (+3.7%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +35.7% from 2012-2021. Argentina experienced a relatively flat trend pattern. While the share of Chile (+5.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Argentina (-2.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported industrial fatty alcohols in MERCOSUR, comprising 79% of total imports. The second position in the ranking was taken by Argentina ($X), with an 8.4% share of total imports. It was followed by Chile, with a 6% share.

In Brazil, industrial fatty alcohols imports increased at an average annual rate of +1.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (-1.6% per year) and Chile (+30.6% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, jumping by 21% against the previous year. In general, the import price, however, recorded a noticeable downturn. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Argentina ($X per ton) and Brazil ($X per ton), while Colombia ($X per ton) and Chile ($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 (-1.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform