Latin America and the Caribbean: Caustic Soda Market 2024

Caustic Soda Market Size in Latin America and the Caribbean

In 2022, the Latin American caustic soda market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated buoyant 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Caustic Soda Production in Latin America and the Caribbean

In value terms, caustic soda production surged to $X in 2022 estimated in export price. In general, production posted resilient growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Caustic Soda Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of caustic soda increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, caustic soda exports surged to $X in 2022. Over the period under review, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Peru prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Brazil (X tons) ranks second in terms of the total exports with a X% share, followed by Mexico (X%). Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to caustic soda exports from Peru stood at X%. At the same time, Colombia (X%) and Mexico (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. Brazil experienced a relatively flat trend pattern. From 2012 to 2022, the share of Peru and Colombia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) remains the largest caustic soda supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Peru totaled X%. In the other countries, the average annual rates were as follows: Mexico (X% per year) and Brazil (X% per year).

Export Prices by Country

The export 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 under review, the export price, however, recorded a slight curtailment. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Peru ($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 more modest paces of growth.

Caustic Soda Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of caustic soda increased by X% to X tons, rising for the sixth year in a row after three years of decline. Over the period under review, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, caustic soda imports skyrocketed to $X in 2022. In general, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. Chile (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Jamaica (X%). Mexico (X tons), Colombia (X tons) and Guatemala (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to caustic soda imports into Brazil stood at X%. At the same time, Guatemala (X%), Chile (X%) and Jamaica (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. Colombia experienced a relatively flat trend pattern. By contrast, Mexico (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. Import price indicated a notable increase from 2012 to 2022: its price 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, caustic soda import price increased by X% against 2020 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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