Latin America and the Caribbean: Aldehydes Cyclic Polymers Market 2024

Aldehydes Cyclic Polymers Market Size in Latin America and the Caribbean

The Latin American aldehydes cyclic polymers market reduced to $X in 2022, remaining relatively unchanged against the previous year. The total consumption indicated a tangible 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, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Aldehydes Cyclic Polymers Production in Latin America and the Caribbean

In value terms, aldehydes cyclic polymers production contracted to $X in 2022 estimated in export price. Overall, production showed a perceptible downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Aldehydes Cyclic Polymers Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of cyclic polymers of aldehydes increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, aldehydes cyclic polymers exports skyrocketed to $X in 2022. In general, exports posted a strong expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Costa Rica (X tons) represented the major exporter of cyclic polymers of aldehydes, making up X% of total exports. Colombia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Brazil (X%).

Costa Rica was also the fastest-growing in terms of the cyclic polymers of aldehydes exports, with a CAGR of X% from 2012 to 2022. At the same time, Colombia (X%) and Brazil (X%) displayed positive paces of growth. While the share of Costa Rica (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics.

In value terms, Costa Rica ($X) emerged as the largest aldehydes cyclic polymers supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

In Costa Rica, aldehydes cyclic polymers 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: Colombia (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, picking up by X% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while Brazil ($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.

Aldehydes Cyclic Polymers Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of cyclic polymers of aldehydes were imported in Latin America and the Caribbean; increasing by X% on 2021. Total imports indicated a tangible increase from 2012 to 2022: its volume 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 2017 indices. The growth pace was the most rapid in 2018 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, aldehydes cyclic polymers imports skyrocketed to $X in 2022. Total imports indicated noticeable 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 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Ecuador represented the major importer of cyclic polymers of aldehydes in Latin America and the Caribbean, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. Venezuela (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (X%), Brazil (X%), Mexico (X%), Nicaragua (X%) and the Dominican Republic (X%).

Imports into Ecuador increased at an average annual rate of X% from 2012 to 2022. At the same time, the Dominican Republic (X%), Nicaragua (X%), Venezuela (X%), Brazil (X%) and Argentina (X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Mexico (X%) illustrated a downward trend over the same period. While the share of Venezuela (X p.p.), Ecuador (X p.p.), Brazil (X p.p.), Nicaragua (X p.p.), the Dominican Republic (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mexico (X p.p.) displayed negative dynamics.

In value terms, the largest aldehydes cyclic polymers importing markets in Latin America and the Caribbean were Ecuador ($X), Venezuela ($X) and Brazil ($X), with a combined X% share of total imports. Mexico, Argentina, Nicaragua and the Dominican Republic lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, the Dominican Republic, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import 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 import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a 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 Venezuela ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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