Latin America and the Caribbean: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Latin America and the Caribbean

In 2022, the Latin American oxygen-function amino-compound market increased by X% to $X, rising for the sixth year in a row after two years of decline. The total consumption indicated prominent 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 2016 indices. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Oxygen-Function Amino-Compound Production in Latin America and the Caribbean

In value terms, oxygen-function amino-compound production reached $X in 2022 estimated in export price. The total output 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 2013 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Oxygen-Function Amino-Compound Exports

Exports in Latin America and the Caribbean

In 2022, approx. X tons of oxygen-function amino-compounds were exported in Latin America and the Caribbean; shrinking by X% against the previous year. In general, exports showed a deep setback. 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 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports contracted to $X in 2022. Over the period under review, exports saw a pronounced contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico represented the major exporter of oxygen-function amino-compounds in Latin America and the Caribbean, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Brazil (X tons), comprising a X% share of total exports. The following exporters - Guatemala (X tons) and Argentina (X tons) - each resulted at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to oxygen-function amino-compound exports from Mexico stood at X%. At the same time, Guatemala (X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) and Argentina (X%) illustrated a downward trend over the same period. While the share of Mexico (X p.p.) and Guatemala (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Guatemala lagged somewhat behind, accounting for a further X%.

Guatemala, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline 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. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

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

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

Oxygen-Function Amino-Compound Imports

Imports in Latin America and the Caribbean

For the sixth year in a row, LatAmerica and the Caribbean recorded growth in overseas purchases of oxygen-function amino-compounds, which increased by X% to X tons in 2022. Total imports indicated buoyant growth 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 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, oxygen-function amino-compound imports soared to $X in 2022. In general, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Brazil (X tons) and Mexico (X tons) were the main importers of oxygen-function amino-compounds in 2022, reaching approx. X% and X% of total imports, respectively. Colombia (X tons) ranks next in terms of the total imports with a X% share, followed by Argentina (X%) and Peru (X%). Chile (X tons) and Ecuador (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen-function amino-compound importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Colombia ($X), with a combined X% share of total imports. Argentina, Peru, Chile and Ecuador lagged somewhat behind, together accounting for a further X%.

Peru, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ecuador ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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