Brazil: Market for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters 2024

Market Size for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Brazil

The Brazilian market for oleic, linoleic or linolenic acids, their salts and esters rose significantly to $X in 2022, surging by X% against the previous year. Overall, consumption recorded a buoyant increase. Oleic, linoleic or linolenic acids consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Brazil

In value terms, oleic, linoleic or linolenic acids production rose to $X in 2022 estimated in export price. In general, production showed resilient growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Oleic, linoleic or linolenic acids production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Exports from Brazil

In 2022, approx. X tons of oleic, linoleic or linolenic acids, their salts and esters were exported from Brazil; with an increase of X% compared with the previous year's figure. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, oleic, linoleic or linolenic acids exports soared to $X in 2022. Over the period under review, exports saw strong growth. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Argentina (X tons), Paraguay (X tons) and Italy (X tons) were the main destinations of oleic, linoleic or linolenic acids exports from Brazil, with a combined X% share of total exports. France, Bolivia, the United States and Chile lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for oleic, linoleic or linolenic acids, their salts and esters exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average export price for oleic, linoleic or linolenic acids, their salts and esters amounted to $X per ton, surging by X% against the previous year. Overall, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Imports into Brazil

In 2022, purchases abroad of oleic, linoleic or linolenic acids, their salts and esters increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oleic, linoleic or linolenic acids imports soared to $X in 2022. Overall, imports posted pronounced growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Argentina (X tons) constituted the largest oleic, linoleic or linolenic acids supplier to Brazil, with a X% share of total imports. Moreover, oleic, linoleic or linolenic acids imports from Argentina exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was taken by Malaysia (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Malaysia (X% per year).

In value terms, Argentina ($X), the United States ($X) and Italy ($X) were the largest oleic, linoleic or linolenic acids suppliers to Brazil, with a combined X% share of total imports.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for oleic, linoleic or linolenic acids, their salts and esters amounted to $X per ton, falling by X% against the previous year. In general, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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