MERCOSUR: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in MERCOSUR

The MERCOSUR cyclic hydrocarbons market shrank slightly to $X in 2022, declining by X% against the previous year. Over the period under review, consumption continues to indicate a perceptible decline. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Cyclic Hydrocarbons Production in MERCOSUR

In value terms, cyclic hydrocarbons production fell to $X in 2022 estimated in export price. In general, production showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Cyclic Hydrocarbons Exports

Exports in MERCOSUR

In 2022, approx. X tons of cyclic hydrocarbons were exported in MERCOSUR; falling by X% compared with the previous year's figure. Over the period under review, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, cyclic hydrocarbons exports fell markedly to $X in 2022. Overall, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil represented the largest exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Colombia (X tons), making up a X% share of total exports.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. Colombia (X%) illustrated a downward trend over the same period. While the share of Colombia (X p.p.) and Brazil (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest cyclic hydrocarbons supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with an X% share of total exports.

In Brazil, cyclic hydrocarbons exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, saw a mild shrinkage. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Brazil stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%).

Cyclic Hydrocarbons Imports

Imports in MERCOSUR

In 2022, after four years of growth, there was significant decline in supplies from abroad of cyclic hydrocarbons, when their volume decreased by X% to X tons. Total imports indicated a moderate increase 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. The growth pace was the most rapid in 2018 when imports increased by X%. The volume of import peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, cyclic hydrocarbons imports expanded to $X in 2022. Total imports indicated modest 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Brazil was the largest importer of cyclic hydrocarbons in MERCOSUR, with the volume of imports recording X tons, which was near X% of total imports in 2022. Colombia (X tons) ranks second in terms of the total imports with an X% share, followed by Chile (X%). Argentina (X tons), Peru (X tons) and Ecuador (X tons) held a little share of total imports.

Brazil was also the fastest-growing in terms of the cyclic hydrocarbons imports, with a CAGR of X% from 2012 to 2022. At the same time, Ecuador (X%) displayed positive paces of growth. Chile experienced a relatively flat trend pattern. By contrast, Colombia (X%), Peru (X%) and Argentina (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, Brazil ($X) constitutes the largest market for imported cyclic hydrocarbons in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

In Brazil, cyclic hydrocarbons imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Ecuador ($X per ton) and Colombia ($X per ton), while Brazil ($X per ton) and Chile ($X per ton) were 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 more modest paces of growth.

Source: IndexBox Platform

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