Latin America and the Caribbean: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in Latin America and the Caribbean

The Latin American synthetic organic colouring matters market reduced to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Other Synthetic Organic Colouring Matters in Latin America and the Caribbean

In value terms, synthetic organic colouring matters production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight descent. The pace of growth was the most pronounced in 2015 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 remained at a lower figure.

Exports of Other Synthetic Organic Colouring Matters

Exports in Latin America and the Caribbean

After two years of growth, overseas shipments of other synthetic organic colouring matters decreased by X% to X tons in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, synthetic organic colouring matters exports fell to $X in 2022. In general, exports recorded a slight decrease. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X tons) and Brazil (X tons) represented roughly X% of total exports in 2022. Uruguay (X tons) took the next position in the ranking, followed by Honduras (X tons) and Colombia (X tons). All these countries together held approx. X% share of total exports. Argentina (X tons) and Guatemala (X tons) followed a long way behind the leaders.

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

In value terms, the largest synthetic organic colouring matters supplying countries in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Uruguay ($X), together accounting for X% of total exports.

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

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 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 Mexico ($X per ton), while Honduras ($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.

Imports of Other Synthetic Organic Colouring Matters

Imports in Latin America and the Caribbean

In 2022, synthetic organic colouring matters imports in Latin America and the Caribbean contracted to X tons, dropping by X% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, synthetic organic colouring matters imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Brazil (X tons) and Mexico (X tons) represented the key importers of other synthetic organic colouring matters in Latin America and the Caribbean, together making up X% of total imports. It was distantly followed by Honduras (X tons), Argentina (X tons), Colombia (X tons), Peru (X tons) and Guatemala (X tons), together mixing up a X% share of total imports.

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

In value terms, the largest synthetic organic colouring matters importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Honduras ($X), with a combined X% share of total imports. Colombia, Argentina, Peru and Guatemala lagged somewhat behind, together comprising 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, surging 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 2014 an increase of X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood 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 Mexico ($X per ton), while Honduras ($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.

Source: IndexBox Platform

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