MERCOSUR: Market for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine 2025

Market Size for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in MERCOSUR

In 2022, the MERCOSUR market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine increased by 6.3% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Production of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in MERCOSUR

In value terms, production of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine reduced to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.5% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 62%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Exports in MERCOSUR

In 2022, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine in MERCOSUR dropped sharply to X tons, shrinking by -50.3% on 2021 figures. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 95% against the previous year. As a result, the exports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine shrank dramatically to $X in 2022. In general, exports recorded a mild downturn. The pace of growth appeared the most rapid in 2016 with an increase of 60%. The level of export peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Brazil was the largest exporter of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine in MERCOSUR, with the volume of exports resulting at X tons, which was near 71% of total exports in 2022. Uruguay (X tons) took the second position in the ranking, followed by Ecuador (X tons). All these countries together held near 18% share of total exports. Argentina (X tons), Colombia (X tons) and Peru (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine exports from Brazil stood at +11.4%. At the same time, Ecuador (+23.8%) and Uruguay (+8.7%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +23.8% from 2012-2022. By contrast, Peru (-2.5%), Colombia (-8.3%) and Argentina (-23.7%) illustrated a downward trend over the same period. While the share of Brazil (+48 p.p.), Uruguay (+7.1 p.p.) and Ecuador (+5.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Colombia (-4.1 p.p.) and Argentina (-52.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine supplier in MERCOSUR, comprising 73% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 7.2% share of total exports. It was followed by Ecuador, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled +9.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Uruguay (+5.5% per year) and Ecuador (+21.0% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, increasing by 3.7% against the previous year. In general, the export price, however, continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2020 when the export price increased by 43%. The level of export peaked at $X per ton in 2014; however, from 2015 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 Colombia ($X per ton), while Uruguay ($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 (+5.5%), while the other leaders experienced a decline in the export price figures.

Imports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Imports in MERCOSUR

In 2022, after two years of growth, there was significant decline in supplies from abroad of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine, when their volume decreased by -7.6% to X tons. The total import volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine stood at $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 41% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) represented the largest importer of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine, comprising 59% of total imports. Chile (X tons) held the second position in the ranking, followed by Argentina (X tons), Colombia (X tons) and Peru (X tons). All these countries together took approx. 35% share of total imports. The following importers - Ecuador (X tons) and Venezuela (X tons) - each finished at a 4.3% share of total imports.

Brazil was also the fastest-growing in terms of the thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine imports, with a CAGR of +5.9% from 2012 to 2022. At the same time, Argentina (+4.3%), Colombia (+2.3%) and Chile (+1.3%) displayed positive paces of growth. By contrast, Peru (-1.4%), Ecuador (-3.7%) and Venezuela (-10.3%) illustrated a downward trend over the same period. Brazil (+13 p.p.) significantly strengthened its position in terms of the total imports, while Ecuador, Chile, Peru and Venezuela saw its share reduced by -2.2%, -2.4%, -2.8% and -6.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine in MERCOSUR, comprising 56% of total imports. The second position in the ranking was taken by Argentina ($X), with a 13% share of total imports. It was followed by Chile, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled +3.4%. In the other countries, the average annual rates were as follows: Argentina (+2.6% per year) and Chile (+0.7% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, picking up by 23% against the previous year. Overall, the import price, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2015 when the import price increased by 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Argentina ($X per ton) and Colombia ($X per ton), while Venezuela ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform