Latin America and the Caribbean: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Latin America and the Caribbean

The Latin American ketone and quinone market dropped modestly to $X in 2022, declining by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then contracted modestly in the following year.

Ketone And Quinone Production in Latin America and the Caribbean

In value terms, ketone and quinone production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, saw a measured increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Ketone And Quinone Exports

Exports in Latin America and the Caribbean

In 2022, the amount of ketones and quinones exported in Latin America and the Caribbean reduced notably to X tons, which is down by X% compared with 2021. Overall, exports recorded a perceptible contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ketone and quinone exports rose rapidly to $X in 2022. In general, exports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Brazil prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Mexico (X tons), comprising a X% share of total exports. Guatemala (X tons) took a relatively small share of total exports.

Brazil was also the fastest-growing in terms of the ketones and quinones exports, with a CAGR of X% from 2012 to 2022. Guatemala (X%) and 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, Mexico ($X), Brazil ($X) and Guatemala ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. Export price indicated a perceptible expansion 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, ketone and quinone export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Ketone And Quinone Imports

Imports in Latin America and the Caribbean

In 2022, the amount of ketones and quinones imported in Latin America and the Caribbean reduced to X tons, which is down by X% against 2021. Over the period under review, imports recorded a perceptible decrease. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ketone and quinone imports stood at $X in 2022. The total import value 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

Mexico (X tons) and Brazil (X tons) dominates imports structure, together committing X% of total imports. It was distantly followed by Argentina (X tons) and Colombia (X tons), together making up a X% share of total imports. The following importers - Guatemala (X tons), Peru (X tons) and Chile (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 leading importing countries, was attained by Argentina (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ketone and quinone importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Argentina ($X), together comprising X% of total imports. Colombia, Chile, Peru and Guatemala lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Guatemala, with a CAGR of X%, saw 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, increasing by X% against the previous year. Over the last decade, 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.

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 Mexico (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :