Brazil - Industrial Stearic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Stearic Acid Price in Brazil - 2023
Contents:
- Industrial Stearic Acid Price in Brazil (CIF) - 2023
- Industrial Stearic Acid Price in Brazil (FOB) - 2022
- Industrial Stearic Acid Imports in Brazil
- Industrial Stearic Acid Exports in Brazil
Industrial Stearic Acid Price in Brazil (CIF) - 2023
In July 2023, the average industrial stearic acid import price amounted to $1,351 per ton, declining by -4.3% against the previous month. Over the period under review, the import price recorded a perceptible contraction. The pace of growth was the most pronounced in June 2023 an increase of 8.8% against the previous month. Over the period under review, average import prices reached the maximum at $2,459 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Argentina ($1,555 per ton) and Indonesia ($1,302 per ton), while the price for China ($1,273 per ton) and Malaysia ($1,292 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-2.3%), while the prices for the other major suppliers experienced a decline.
Industrial Stearic Acid Price in Brazil (FOB) - 2022
The average industrial stearic acid export price stood at $2,294 per ton in 2022, surging by 30% against the previous year. Over the period under review, the export price posted a tangible expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($2,408 per ton) and Mexico ($2,241 per ton), while the average price for exports to Chile ($2,036 per ton) and Argentina ($2,137 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Stearic Acid Imports in Brazil
In 2022, after three years of growth, there was significant decline in supplies from abroad of industrial stearic acid, when their volume decreased by -32.1% to 17K tons. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 25K tons, and then fell remarkably in the following year.
In value terms, industrial stearic acid imports fell to $37M in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 95%. As a result, imports reached the peak of $39M, and then shrank in the following year.
| Import of Industrial Stearic Acid in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 7.9 | 10.5 | 18.2 | 20.2 | 36.7% |
| Malaysia | 4.6 | 3.6 | 11.6 | 10.0 | 29.5% |
| Indonesia | 3.6 | 5.2 | 8.1 | 6.5 | 21.8% |
| Others | 0.3 | 0.9 | 1.6 | 0.4 | 10.1% |
| Total | 16.3 | 20.2 | 39.4 | 37.1 | 31.5% |
Top Suppliers of Industrial Stearic Acid to Brazil in 2022:
- Argentina (9.4K tons)
- Malaysia (4.4K tons)
- Indonesia (3.2K tons)
Industrial Stearic Acid Exports in Brazil
For the fourth consecutive year, Brazil recorded growth in shipments abroad of industrial stearic acid, which increased by 64% to 7.9K tons in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 323%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, industrial stearic acid exports surged to $18M in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 540%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Industrial Stearic Acid in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 1.7 | 10.7 | 529.4% |
| Argentina | 0.5 | 0.6 | 5.1 | 6.1 | 130.2% |
| Chile | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
| Peru | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Mexico | 0.3 | 0.4 | 0.7 | 0.2 | -12.6% |
| Others | N/A | 0.1 | 0.6 | 0.3 | 73.2% |
| Total | 1.0 | 1.3 | 8.4 | 18.0 | 162.1% |
Top Export Markets for Industrial Stearic Acid from Brazil in 2022:
- United States (4.4K tons)
- Argentina (2.9K tons)
- Chile (0.2K tons)
- Mexico (0.1K tons)
- Peru (0.1K tons)
This report provides an in-depth analysis of the industrial stearic acid 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 20143120 - Industrial stearic 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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