Report Latin America and the Caribbean - Aluminium Hydroxide - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 25, 2023

Latin America and the Caribbean - Aluminium Hydroxide - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Aluminium Hydroxide Market 2023

Aluminium Hydroxide Market Size in Latin America and the Caribbean

The Latin American aluminium hydroxide market contracted significantly to $X in 2021, shrinking by -26.2% against the previous year. Over the period under review, consumption, however, posted resilient growth. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Aluminium Hydroxide Production in Latin America and the Caribbean

In value terms, aluminium hydroxide production contracted rapidly to $X in 2021 estimated in export price. Overall, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 97% against the previous year. As a result, production attained the peak level of $X, and then reduced sharply in the following year.

Aluminium Hydroxide Exports

Exports in Latin America and the Caribbean

In 2021, overseas shipments of aluminium hydroxide decreased by -0.5% to X tons, falling for the third year in a row after three years of growth. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 57% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, aluminium hydroxide exports amounted to $X in 2021. In general, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of 51%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil represented the largest exporter of aluminium hydroxide in Latin America and the Caribbean, with the volume of exports resulting at X tons, which was near 88% of total exports in 2021. It was distantly followed by Jamaica (X tons), comprising a 12% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to aluminium hydroxide exports from Brazil stood at +9.7%. At the same time, Jamaica (+13.3%) displayed positive paces of growth. Moreover, Jamaica emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +13.3% from 2012-2021. Jamaica (+2.8 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest aluminium hydroxide supplier in Latin America and the Caribbean, comprising 89% of total exports. The second position in the ranking was taken by Jamaica ($X), with an 11% share of total exports.

In Brazil, aluminium hydroxide exports increased at an average annual rate of +11.5% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, picking up by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2018 an increase of 19% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Brazil ($X per ton), while Jamaica stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+1.7%).

Aluminium Hydroxide Imports

Imports in Latin America and the Caribbean

In 2021, approx. X tons of aluminium hydroxide were imported in Latin America and the Caribbean; with an increase of 4.7% compared with the year before. The total import volume increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 19%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, aluminium hydroxide imports amounted to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 24%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Mexico (X tons) was the major importer of aluminium hydroxide, achieving 43% of total imports. Argentina (X tons) held a 23% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (8.7%) and Chile (5.9%). Peru (X tons), Uruguay (X tons) and Brazil (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uruguay (with a CAGR of +18.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported aluminium hydroxide in Latin America and the Caribbean, comprising 41% of total imports. The second position in the ranking was held by Argentina ($X), with an 18% share of total imports. It was followed by Brazil, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Mexico was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (-0.2% per year) and Brazil (+2.5% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 5.8% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+14.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium hydroxide in LatAmerica and the Caribbean?
+
The country with the largest volume of aluminium hydroxide consumption was Brazil, accounting for 59% of total volume. Moreover, aluminium hydroxide consumption in Brazil exceeded the figures recorded by the second-largest consumer, Mexico, sixfold. The third position in this ranking was taken by Argentina, with a 4.7% share.
What are the largest producers of aluminium hydroxide in LatAmerica and the Caribbean?
+
The country with the largest volume of aluminium hydroxide production was Brazil, comprising approx. 77% of total volume. Moreover, aluminium hydroxide production in Brazil exceeded the figures recorded by the second-largest producer, Jamaica, tenfold. Mexico ranked third in terms of total production with a 1.9% share.
What are the leading exporters of aluminium hydroxide in LatAmerica and the Caribbean?
+
In value terms, Brazil remains the largest aluminium hydroxide supplier in Latin America and the Caribbean, comprising 89% of total exports. The second position in the ranking was held by Jamaica, with an 11% share of total exports.
What are the leading importers of aluminium hydroxide in LatAmerica and the Caribbean?
+
In value terms, Mexico constitutes the largest market for imported aluminium hydroxide in Latin America and the Caribbean, comprising 41% of total imports. The second position in the ranking was held by Argentina, with an 18% share of total imports. It was followed by Brazil, with an 11% share.
What is the average export price for aluminium hydroxide in LatAmerica and the Caribbean?
+
In 2021, the export price in Latin America and the Caribbean amounted to $280 per ton, growing by 14% against the previous year.
What is the average import price for aluminium hydroxide in LatAmerica and the Caribbean?
+
In 2021, the import price in Latin America and the Caribbean amounted to $389 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the aluminium hydroxide market in Latin America and the Caribbean. 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 20132570 - Aluminium hydroxide
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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