Brazil - Phenylacetic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhenylacetic Acid Price in Brazil - 2023
Contents:
- Phenylacetic Acid Price in Brazil (CIF) - 2022
- Phenylacetic Acid Price in Brazil (FOB) - 2022
- Phenylacetic Acid Imports in Brazil
- Phenylacetic Acid Exports in Brazil
Phenylacetic Acid Price in Brazil (CIF) - 2022
The average phenylacetic acid import price stood at $13,156 per ton in 2022, waning by -2.4% against the previous year. Overall, the import price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 39%. Over the period under review, average import prices attained the peak figure at $18,904 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($51,172 per ton), while the price for China ($11,328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenylacetic Acid Price in Brazil (FOB) - 2022
In 2022, the average phenylacetic acid export price amounted to $6,473 per ton, growing by 25% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 39%. As a result, the export price attained the peak level of $7,438 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Chile ($7,934 per ton) and Colombia ($6,870 per ton), while the average price for exports to the United States ($5,400 per ton) and Argentina ($6,866 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 the United States (+18.7%), while the prices for the other major destinations experienced mixed trend patterns.
Phenylacetic Acid Imports in Brazil
In 2022, after two years of decline, there was significant growth in purchases abroad of phenylacetic acid, its salts and esters, when their volume increased by 65% to 1.5K tons. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, phenylacetic acid imports surged to $20M in 2022. Overall, imports, however, recorded a noticeable curtailment.
| Import of Phenylacetic Acid in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.1 | 7.8 | 3.7 | 9.9 | 6.9% |
| United States | 5.2 | 3.7 | 4.9 | 5.2 | 0.0% |
| India | 8.0 | 4.6 | 3.1 | 4.0 | -20.6% |
| Germany | 0.7 | 0.6 | 0.2 | 0.5 | -10.6% |
| Others | 0.5 | 0.7 | 0.7 | 0.8 | 17.0% |
| Total | 22.6 | 17.4 | 12.6 | 20.3 | -3.5% |
Top Suppliers of Phenylacetic Acid to Brazil in 2022:
- China (871.5 tons)
- United States (311.0 tons)
- India (287.1 tons)
- Germany (39.6 tons)
Phenylacetic Acid Exports in Brazil
In 2022, approx. 93 tons of phenylacetic acid, its salts and esters were exported from Brazil; with a decrease of -31.8% compared with the previous year's figure. In general, exports showed a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 219%.
In value terms, phenylacetic acid exports reduced to $601K in 2022. Overall, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 222%.
| Export of Phenylacetic Acid in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,835 | 37.5 | 350 | 233 | -56.5% |
| Argentina | 77.3 | 42.8 | 183 | 193 | 35.7% |
| Colombia | 69.8 | 48.3 | 106 | 93.7 | 10.3% |
| Chile | 60.4 | 59.6 | 46.1 | 38.3 | -14.1% |
| Others | 10.8 | 31.3 | 21.3 | 43.0 | 58.5% |
| Total | 3,054 | 219 | 706 | 601 | -41.8% |
Top Export Markets for Phenylacetic Acid from Brazil in 2022:
- United States (43.2 tons)
- Argentina (28.1 tons)
- Colombia (13.6 tons)
- Chile (4.8 tons)
This report provides an in-depth analysis of the phenylacetic 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 20143367 - Phenylacetic acid, its salts and esters
- Prodcom 20143370 - Aromatic monocarboxylic acids, (anhydrides), halides, p eroxides, peroxyacids, derivatives excluding benzoic acid, p henylacetic acids their salts/esters, benzoyl peroxide, b enzoyl chloride
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
-
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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This report provides an in-depth analysis of the phenylacetic acid market in Brazil.
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255
In February 2023, the phenylacetic acid price stood at $17,059 per ton (CIF, Brazil), picking up by 3.9% against the previous month.
307
The price of Benzoic Acid in June 2023 in Brazil was $1,821 per ton (CIF), showing a decrease of -10.6% compared to the previous month.
239
The rate of growth for Acrylic Acid Esters reached its peak in April 2023 with a remarkable increase of 106% compared to the previous month. However, by October 2023, the value of acrylic acid esters imports had decreased to $4.3M.
307
The growth of Methacrylic Acid imports experienced its fastest pace in January 2023, with a remarkable increase of 152% compared to the previous month. In terms of value, Methacrylic Acid imports expanded significantly to $729K in August 2023.
951
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
905
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
255
In February 2023, the phenylacetic acid price stood at $17,059 per ton (CIF, Brazil), picking up by 3.9% against the previous month.
307
The price of Benzoic Acid in June 2023 in Brazil was $1,821 per ton (CIF), showing a decrease of -10.6% compared to the previous month.
239
The rate of growth for Acrylic Acid Esters reached its peak in April 2023 with a remarkable increase of 106% compared to the previous month. However, by October 2023, the value of acrylic acid esters imports had decreased to $4.3M.
307
The growth of Methacrylic Acid imports experienced its fastest pace in January 2023, with a remarkable increase of 152% compared to the previous month. In terms of value, Methacrylic Acid imports expanded significantly to $729K in August 2023.
