Latin America and the Caribbean: Market for Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters 2024

Market Size for Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters in Latin America and the Caribbean

The Latin American market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters dropped to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a mild decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters in Latin America and the Caribbean

In value terms, production of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters dropped to $X in 2023 estimated in export price. Over the period under review, production showed a perceptible reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Exports of Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters

Exports in Latin America and the Caribbean

In 2023, after two years of growth, there was significant decline in shipments abroad of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters, when their volume decreased by X% to X tons. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters plummeted to $X in 2023. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2022, and then declined dramatically in the following year.

Exports by Country

In 2023, Colombia (X tons) represented the largest exporter of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters, creating X% of total exports. It was distantly followed by Mexico (X tons), making up a X% share of total exports. Guatemala (X tons) and Brazil (X tons) took a relatively small share of total exports.

Colombia was also the fastest-growing in terms of the mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters exports, with a CAGR of X% from 2012 to 2023. At the same time, Brazil (X%) and Guatemala (X%) displayed positive paces of growth. By contrast, Mexico (X%) illustrated a downward trend over the same period. Colombia (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X), Mexico ($X) and Brazil ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price showed a slight contraction. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Imports of Mono-, Di- Or Tri-Chloroacetic Acids; Propionic, Butanoic And Pentanoic Acids And Their Salts And Esters

Imports in Latin America and the Caribbean

In 2023, imports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters in Latin America and the Caribbean fell sharply to X tons, which is down by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports of attained the peak figure at X tons in 2022, and then fell significantly in the following year.

In value terms, imports of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters declined sharply to $X in 2023. Total imports indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2023, Brazil (X tons), Mexico (X tons) and Colombia (X tons) represented the key importer of mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids and their salts and esters in Latin America and the Caribbean, comprising X% of total import. It was distantly followed by Argentina (X tons), mixing up a X% share of total imports. The following importers - Chile (X tons), Peru (X tons) and Ecuador (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Colombia ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Among the main importing countries, Colombia, with a CAGR of X%, saw the highest growth rate of 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 2023, the import price in Latin America and the Caribbean amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform