Latin America and the Caribbean: Activated Carbon Market 2024

Activated Carbon Market Size in Latin America and the Caribbean

In 2022, the Latin American activated carbon market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Activated Carbon Production in Latin America and the Caribbean

In value terms, activated carbon production fell to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then dropped in the following year.

Activated Carbon Exports

Exports in Latin America and the Caribbean

In 2022, exports of activated carbon in Latin America and the Caribbean rose to X tons, increasing by X% compared with the previous year's figure. In general, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, activated carbon exports expanded to $X in 2022. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Mexico dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. Guatemala (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (X%). Brazil (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to activated carbon exports from Mexico stood at X%. At the same time, Colombia (X%) and Guatemala (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) illustrated a downward trend over the same period. Mexico (X p.p.), Guatemala (X p.p.) and Colombia (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Mexico ($X) remains the largest activated carbon supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Mexico, activated carbon exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Guatemala (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, showed mild growth. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced mixed trends in the export price figures.

Activated Carbon Imports

Imports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded growth in supplies from abroad of activated carbon, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, activated carbon imports skyrocketed to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Mexico represented the largest importer of activated carbon in Latin America and the Caribbean, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Peru (X tons), Brazil (X tons) and Argentina (X tons), together comprising a X% share of total imports. Suriname (X tons), Costa Rica (X tons), the Dominican Republic (X tons), Chile (X tons), Guatemala (X tons), Ecuador (X tons) and Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Suriname (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported activated carbon in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

In Mexico, activated carbon imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Peru (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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