Report Update: May 1, 2024

Brazil - Esters Of Acrylic Acid - Market Analysis, Forecast, Size, Trends And Insights

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Acrylic Acid Esters Price in Brazil - 2023

Acrylic Acid Esters Price in Brazil (CIF) - 2023

In July 2023, the average acrylic acid esters import price amounted to $1,652 per ton, remaining constant against the previous month. Overall, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in January 2023 an increase of 18% against the previous month. Over the period under review, average import prices hit record highs at $3,167 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,269 per ton), while the price for the United States ($1,180 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (-1.5%), while the prices for the other major suppliers experienced a decline.

Acrylic Acid Esters Price in Brazil (FOB) - 2023

The average acrylic acid esters export price stood at $1,520 per ton in July 2023, declining by -13.8% against the previous month. Overall, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in September 2022 an increase of 16% against the previous month. As a result, the export price attained the peak level of $2,587 per ton. From October 2022 to July 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In July 2023, the country with the highest price was Argentina ($1,641 per ton), while the average price for exports to the United States stood at $1,499 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Acrylic Acid Esters Imports in Brazil

After two years of decline, overseas purchases of esters of acrylic acid increased by 31% to 33K tons in 2022. In general, imports, however, recorded a abrupt setback.

In value terms, acrylic acid esters imports surged to $91M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acrylic Acid Esters in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	18.1	6.9	16.9	40.7	31.0%
United States	12.5	10.7	10.3	21.5	19.8%
Germany	6.7	6.1	8.8	9.1	10.7%
South Korea	5.6	5.6	3.5	5.1	-3.1%
Taiwan (Chinese)	12.3	4.6	4.0	4.0	-31.2%
South Africa	2.8	2.2	3.4	1.6	-17.0%
Belgium	1.3	1.2	2.0	1.6	7.2%
Russia	11.5	11.1	1.1	0.5	-64.8%
Others	6.5	3.6	4.8	6.4	-0.5%
Total	77.5	52.1	54.7	90.6	5.3%

Top Suppliers of Acrylic Acid Esters to Brazil in 2022:

China (14.4K tons)
United States (10.0K tons)
Germany (2.9K tons)
South Korea (1.7K tons)
Taiwan (Chinese) (0.7K tons)
South Africa (0.6K tons)
Belgium (0.6K tons)
Russia (0.2K tons)

Acrylic Acid Esters Exports in Brazil

In 2022, approx. 18K tons of esters of acrylic acid were exported from Brazil; increasing by 43% compared with the previous year. In general, exports, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 203% against the previous year.

In value terms, acrylic acid esters exports skyrocketed to $53M in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 379% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Acrylic Acid Esters in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	5.3	4.2	13.2	18.6	52.0%
United States	2.6	N/A	0.1	13.3	72.3%
Chile	N/A	0.3	3.7	6.3	358.3%
Uruguay	2.1	0.8	4.3	5.6	38.7%
Belgium	15.1	N/A	N/A	5.2	-29.9%
Colombia	N/A	N/A	1.5	2.8	86.7%
Ecuador	N/A	N/A	0.7	0.8	14.3%
Mexico	1.8	N/A	0.1	N/A	-76.4%
Others	N/A	N/A	2.0	0.7	-65.0%
Total	26.9	5.3	25.5	53.4	25.7%

Top Export Markets for Acrylic Acid Esters from Brazil in 2022:

Mexico (undefinedK tons)
Argentina (7.2K tons)
Chile (2.7K tons)
United States (2.3K tons)
Uruguay (2.1K tons)
Belgium (2.1K tons)
Colombia (1.1K tons)
Ecuador (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the acrylic acid esters market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143320 - Esters of acrylic acid

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023