Latin America and the Caribbean: Market for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives 2024

Market Size for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in Latin America and the Caribbean

The Latin American market for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives expanded significantly to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, showed a pronounced curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in Latin America and the Caribbean

In value terms, production of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives stood at $X in 2022 estimated in export price. Overall, production saw a noticeable shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Exports in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in overseas shipments of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives, when their volume decreased by X% to X tons. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives declined rapidly to $X in 2022. In general, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil represented the main exporter of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by El Salvador (X tons), constituting a X% share of total exports. The following exporters - Colombia (X tons) and the Dominican Republic (X tons) - each resulted at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives exports from Brazil stood at X%. At the same time, El Salvador (X%) and the Dominican Republic (X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, El Salvador and the Dominican Republic increased by X, X and X percentage points, respectively.

In value terms, Brazil ($X) remains the largest aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and the Dominican Republic (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price showed a perceptible slump. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 Colombia ($X per ton), while El Salvador ($X per ton) was amongst the lowest.

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

Imports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Imports in Latin America and the Caribbean

In 2022, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives in Latin America and the Caribbean skyrocketed to X tons, increasing by X% compared with the previous year. Over the period under review, imports, however, recorded a mild descent. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives skyrocketed to $X in 2022. Total imports indicated a modest 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil represented the main importer of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives in Latin America and the Caribbean, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Mexico (X tons), comprising a X% share of total imports. Argentina (X tons) and Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Brazil ($X) constitutes the largest market for imported aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, with an increase of 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 Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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