MERCOSUR: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in MERCOSUR

The MERCOSUR prepared rubber accelerators market surged to $X in 2021, increasing by 15% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Prepared Rubber Accelerators Production in MERCOSUR

In value terms, prepared rubber accelerators production rose markedly to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 25%. The level of production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports in MERCOSUR

In 2021, overseas shipments of prepared rubber accelerators increased by 45% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 92% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, prepared rubber accelerators exports surged to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Brazil (X tons) represented the largest exporter of prepared rubber accelerators, mixing up 56% of total exports. It was distantly followed by Colombia (X tons), Ecuador (X tons) and Chile (X tons), together achieving a 38% share of total exports. Peru (X tons) and Argentina (X tons) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of +3.9% from 2012 to 2021. At the same time, Ecuador (+79.8%), Colombia (+61.5%), Argentina (+22.2%) and Peru (+13.2%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +79.8% from 2012-2021. By contrast, Chile (-9.7%) illustrated a downward trend over the same period. While the share of Colombia (+17 p.p.) and Ecuador (+16 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Chile (-16.2 p.p.) and Brazil (-16.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest prepared rubber accelerators supplier in MERCOSUR, comprising 60% of total exports. The second position in the ranking was held by Ecuador ($X), with a 16% share of total exports. It was followed by Colombia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil totaled -2.9%. In the other countries, the average annual rates were as follows: Ecuador (+69.6% per year) and Colombia (+46.4% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, picking up by 42% against the previous year. In general, the export price, however, recorded a abrupt decrease. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+2.6%), while the other leaders experienced a decline in the export price figures.

Prepared Rubber Accelerators Imports

Imports in MERCOSUR

In 2021, the amount of prepared rubber accelerators imported in MERCOSUR skyrocketed to X tons, increasing by 37% on 2020 figures. Total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared rubber accelerators imports surged to $X in 2021. Total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons) and Chile (X tons) represented roughly 73% of total imports in 2021. Peru (X tons) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (9.1%). Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Peru (with a CAGR of +13.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared rubber accelerators importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Argentina ($X), with a combined 86% share of total imports. Peru and Colombia lagged somewhat behind, together accounting for a further 12%.

Among the main importing countries, Peru, with a CAGR of +12.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, rising by 19% against the previous year. In general, the import price, however, recorded a noticeable descent. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform