MERCOSUR: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in MERCOSUR

The MERCOSUR saturated acyclic hydrocarbons market contracted to $X in 2022, which is down by -5.1% against the previous year. Over the period under review, consumption recorded a noticeable curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Saturated Acyclic Hydrocarbons Production in MERCOSUR

In value terms, saturated acyclic hydrocarbons production reached $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 21% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Saturated Acyclic Hydrocarbons Exports

Exports in MERCOSUR

After three years of growth, shipments abroad of saturated acyclic hydrocarbons decreased by -5.2% to X tons in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 59% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, saturated acyclic hydrocarbons exports skyrocketed to $X in 2022. In general, exports, however, showed prominent growth. The growth pace was the most rapid in 2015 when exports increased by 148%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Argentina represented the largest exporter of saturated acyclic hydrocarbons in MERCOSUR, with the volume of exports reaching X tons, which was approx. 56% of total exports in 2022. Brazil (X tons) took the second position in the ranking, distantly followed by Venezuela (X tons). All these countries together held near 44% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +72.0%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Brazil ($X) remains the largest saturated acyclic hydrocarbons supplier in MERCOSUR, comprising 85% of total exports. The second position in the ranking was taken by Argentina ($X), with a 14% share of total exports.

In Brazil, saturated acyclic hydrocarbons exports increased at an average annual rate of +89.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (-1.5% per year) and Venezuela (-28.1% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, jumping by 63% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2015 when the export price increased by 196%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+10.4%), while the other leaders experienced a decline in the export price figures.

Saturated Acyclic Hydrocarbons Imports

Imports in MERCOSUR

Saturated acyclic hydrocarbons imports reduced dramatically to X tons in 2022, falling by -33.5% on the previous year. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by 581% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons imports expanded slightly to $X in 2022. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by 352% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil represented the major importer of saturated acyclic hydrocarbons in MERCOSUR, with the volume of imports recording X tons, which was near 76% of total imports in 2022. It was distantly followed by Peru (X tons), making up an 18% share of total imports. Chile (X tons) and Colombia (X tons) followed a long way behind the leaders.

Imports into Brazil increased at an average annual rate of +19.9% from 2012 to 2022. At the same time, Colombia (+27.0%) and Peru (+26.8%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +27.0% from 2012-2022. By contrast, Chile (-5.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Peru increased by +32 and +12 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported saturated acyclic hydrocarbons in MERCOSUR, comprising 79% of total imports. The second position in the ranking was taken by Peru ($X), with a 7.9% share of total imports. It was followed by Chile, with a 5.7% share.

In Brazil, saturated acyclic hydrocarbons imports increased at an average annual rate of +14.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Peru (+11.3% per year) and Chile (-4.0% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, picking up by 56% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Peru ($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 (+2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform