MERCOSUR: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in MERCOSUR

The MERCOSUR unsaturated acyclic hydrocarbons market reached $X in 2021, increasing by 3.3% against the previous year. Over the period under review, consumption recorded a perceptible slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Unsaturated Acyclic Hydrocarbons Production in MERCOSUR

In value terms, unsaturated acyclic hydrocarbons production rose to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of 9% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Unsaturated Acyclic Hydrocarbons Exports

Exports in MERCOSUR

In 2021, shipments abroad of unsaturated acyclic hydrocarbons was finally on the rise to reach X tons after three years of decline. In general, exports, however, faced a deep downturn. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, unsaturated acyclic hydrocarbons exports surged to $X in 2021. Overall, exports, however, showed a abrupt contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, recording X tons, which was near 98% of total exports in 2021. Chile (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to unsaturated acyclic hydrocarbons exports from Brazil stood at -10.2%. At the same time, Chile (+11.8%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +11.8% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest unsaturated acyclic hydrocarbons supplier in MERCOSUR, comprising 94% of total exports. The second position in the ranking was taken by Chile ($X), with a 5.5% share of total exports.

In Brazil, unsaturated acyclic hydrocarbons exports plunged by an average annual rate of -12.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, with a decrease of -14% against the previous year. In general, the export price saw a perceptible shrinkage. The pace of growth was the most pronounced in 2016 an increase of 68% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Brazil totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (-1.2%).

Unsaturated Acyclic Hydrocarbons Imports

Imports in MERCOSUR

In 2021, supplies from abroad of unsaturated acyclic hydrocarbons increased by 4.8% to X tons, rising for the second consecutive year after four years of decline. In general, imports, however, showed a pronounced descent. The growth pace was the most rapid in 2015 when imports increased by 16%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, unsaturated acyclic hydrocarbons imports expanded markedly to $X in 2021. Over the period under review, imports, however, saw a pronounced setback. The growth pace was the most rapid in 2020 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) was the key importer of unsaturated acyclic hydrocarbons, creating 67% of total imports. It was distantly followed by Argentina (X tons) and Venezuela (X tons), together mixing up a 30% share of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of unsaturated acyclic hydrocarbons. Argentina (-6.9%) and Venezuela (-15.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil increased by +22 percentage points.

In value terms, Brazil ($X), Argentina ($X) and Venezuela ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 97% of total imports.

Among the main importing countries, Argentina, with a CAGR of -0.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, surging by 8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 when the import price increased by 20%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+6.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform