MERCOSUR: Alcohols Market 2024

Alcohols Market Size in MERCOSUR

The MERCOSUR alcohols market fell slightly to $X in 2020, reducing by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2020.

Alcohols Production in MERCOSUR

In value terms, alcohols production reduced notably to $X in 2020 estimated in export price. Over the period under review, production showed a perceptible contraction. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Alcohols Exports

Exports in MERCOSUR

In 2020, overseas shipments of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to X tons, falling for the second consecutive year after two years of growth. Total exports indicated a modest expansion from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by X% against 2018 indices. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2020, the exports failed to regain momentum.

In value terms, alcohols exports fell dramatically to $X in 2020. In general, exports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

Exports by Country

Venezuela (X tons) and Chile (X tons) represented the key exporters of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in 2020, accounting for near X% and X% of total exports, respectively. It was distantly followed by Brazil (X tons), committing a X% share of total exports. Argentina (X tons) held a little share of total exports.

From 2012 to 2020, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Venezuela ($X), Chile ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2020, together accounting for X% of total exports.

Chile, 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 mixed trends in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2020, dropping by X% against the previous year. In general, the export price saw a noticeable setback. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Venezuela (X%), while the other leaders experienced a decline in the export price figures.

Alcohols Imports

Imports in MERCOSUR

After two years of decline, purchases abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives increased by X% to X tons in 2020. The total import volume increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of import peaked in 2020 and is expected to retain growth in the near future.

In value terms, alcohols imports reached $X in 2020. Over the period under review, imports, however, showed a mild contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Brazil prevails in imports structure, finishing at X tons, which was near X% of total imports in 2020. Colombia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (X%). Peru (X tons) and Chile (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives imports, with a CAGR of X% from 2012 to 2020. At the same time, Peru (X%) displayed positive paces of growth. Argentina and Colombia experienced a relatively flat trend pattern. By contrast, Chile (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total imports, while Argentina, Colombia and Chile saw its share reduced by X%, X% and X% from 2012 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Colombia, with an X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in Brazil was relatively modest. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2020, which is down by X% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Chile ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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