Latin America and the Caribbean: Market for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function 2024

Market Size for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Latin America and the Caribbean

In 2022, the Latin American market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function increased by X% to $X, rising for the third year in a row after seven years of decline. In general, consumption, however, continues to indicate a deep setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Latin America and the Caribbean

In value terms, production of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function totaled $X in 2022 estimated in export price. Overall, production saw a drastic downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Exports in Latin America and the Caribbean

In 2022, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function in Latin America and the Caribbean dropped to X tons, falling by X% on the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function rose sharply to $X in 2022. Over the period under review, exports continue to indicate a perceptible descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil dominates function structure, resulting at X tons, which was approx. X% of total exports in 2022. Mexico (X tons) took a minor share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function. Mexico (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Brazil ($X) remains the largest camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil was relatively modest.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%).

Imports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Imports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded growth in overseas purchases of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function, which increased by X% to X tons in 2022. In general, imports saw a moderate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function skyrocketed to $X in 2022. Total imports indicated perceptible growth 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 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil represented the major importer of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function in Latin America and the Caribbean, with the volume of imports reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Mexico (X tons), making up a X% share of total imports. Argentina (X tons), Colombia (X tons), Guatemala (X tons) and Chile (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function imports into Brazil stood at X%. At the same time, Guatemala (X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Argentina, Colombia and Mexico experienced a relatively flat trend pattern. By contrast, Chile (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total imports, while Argentina, Chile and Mexico saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Argentina ($X), with a combined X% share of total imports. Colombia, Chile and Guatemala lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Guatemala, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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