Latin America and the Caribbean: Cyclohexanone And Methylcyclohexanones Market 2024

Cyclohexanone And Methylcyclohexanones Market Size in Latin America and the Caribbean

In 2022, the Latin American cyclohexanone and methylcyclohexanones market increased by X% to $X, rising for the second consecutive year after three years of decline. The total consumption indicated a temperate expansion 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. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Cyclohexanone And Methylcyclohexanones Production in Latin America and the Caribbean

In value terms, cyclohexanone and methylcyclohexanones production declined rapidly to $X in 2022 estimated in export price. In general, production, however, faced a dramatic descent. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Cyclohexanone And Methylcyclohexanones Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of cyclohexanone and methylcyclohexanones decreased by X% to X tons, falling for the sixth consecutive year after two years of growth. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cyclohexanone and methylcyclohexanones exports declined modestly to $X in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Peru (X tons) and Brazil (X tons) represented the largest exporters of cyclohexanone and methylcyclohexanones in 2022, recording approx. X% and X% of total exports, respectively. Colombia (X tons) ranks next in terms of the total exports with a X% share, followed by Mexico (X%) and the Dominican Republic (X%).

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

In value terms, Peru ($X) emerged as the largest cyclohexanone and methylcyclohexanones supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Peru, cyclohexanone and methylcyclohexanones exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, approximately equating the previous year. In general, the export price continues to indicate a slight increase. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a 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 the Dominican Republic ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Cyclohexanone And Methylcyclohexanones Imports

Imports in Latin America and the Caribbean

Cyclohexanone and methylcyclohexanones imports contracted modestly to X tons in 2022, with a decrease of X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, cyclohexanone and methylcyclohexanones imports expanded significantly to $X in 2022. Overall, imports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons) and Mexico (X tons) represented the major importers of cyclohexanone and methylcyclohexanones in 2022, amounting to near X% and X% of total imports, respectively. It was distantly followed by Argentina (X tons) and Colombia (X tons), together comprising a X% share of total imports. The following importers - Costa Rica (X tons), Peru (X tons) and Ecuador (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ecuador (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Colombia, Costa Rica, Peru and Ecuador lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Ecuador, 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. Import price indicated a mild 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, cyclohexanone and methylcyclohexanones import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Peru ($X per ton) and Argentina ($X per ton), while Colombia ($X per ton) and Ecuador ($X per ton) were 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.

Source: IndexBox Platform

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