Latin America and the Caribbean: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Latin America and the Caribbean

The Latin American phosphorus, arsenic and selenium market reduced to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, recorded a deep reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Phosphorus, Arsenic And Selenium in Latin America and the Caribbean

In value terms, phosphorus, arsenic and selenium production declined to $X in 2022 estimated in export price. Overall, production, however, faced a deep downturn. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Phosphorus, Arsenic And Selenium

Exports in Latin America and the Caribbean

In 2022, shipments abroad of phosphorus, arsenic and selenium decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports saw a deep contraction. The pace of growth was the most pronounced 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, phosphorus, arsenic and selenium exports fell markedly to $X in 2022. Overall, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. 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

Chile represented the major exporter of phosphorus, arsenic and selenium in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Peru (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Guatemala (X%), Mexico (X%) and Colombia (X%). Brazil (X tons) and Panama (X tons) followed a long way behind the leaders.

Exports from Chile increased at an average annual rate of X% from 2012 to 2022. At the same time, Brazil (X%), Colombia (X%), Panama (X%) and Peru (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Guatemala (X%) and Mexico (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Peru (X p.p.), Colombia (X p.p.), Brazil (X p.p.) and Panama (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Mexico (X p.p.) and Guatemala (X p.p.) displayed negative dynamics.

In value terms, Chile ($X) emerged as the largest phosphorus, arsenic and selenium supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

In Chile, phosphorus, arsenic and selenium exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (X% per year) and Guatemala (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, faced a deep contraction. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (X%), while the other leaders experienced a decline in the export price figures.

Imports of Phosphorus, Arsenic And Selenium

Imports in Latin America and the Caribbean

In 2022, overseas purchases of phosphorus, arsenic and selenium increased by X% to X tons, rising for the third consecutive year after six years of decline. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, phosphorus, arsenic and selenium imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil represented the major importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Chile (X tons), creating a X% share of total imports. Venezuela (X tons) followed a long way behind the leaders.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Venezuela (X%) and Chile (X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Chile and Venezuela increased by X and X percentage points, respectively.

In value terms, Brazil ($X) constitutes the largest market for imported phosphorus, arsenic and selenium in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Venezuela (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, remaining stable against the previous year. Overall, the import price recorded a mild setback. The pace of growth appeared the most rapid in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Venezuela ($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 a decline in the import price figures.

Source: IndexBox Platform

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