MERCOSUR: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in MERCOSUR

The MERCOSUR denatured ethyl alcohol market surged to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, continues to indicate a pronounced reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Denatured Ethyl Alcohol Production in MERCOSUR

In value terms, denatured ethyl alcohol production reached $X in 2022 estimated in export price. The total production indicated a prominent increase 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Denatured Ethyl Alcohol Exports

Exports in MERCOSUR

In 2022, shipments abroad of denatured ethyl alcohol and other denatured spirits decreased by X% to X litres, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of X litres. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, denatured ethyl alcohol exports fell to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil was the key exporting country with an export of around X litres, which resulted at X% of total exports. Ecuador (X litres) ranks second in terms of the total exports with an X% share, followed by Argentina (X%). Paraguay (X litres) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to denatured ethyl alcohol exports from Brazil stood at X%. At the same time, Argentina (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Ecuador (X%) and Paraguay (X%) illustrated a downward trend over the same period. Brazil (X p.p.), Argentina (X p.p.) and Paraguay (X p.p.) significantly strengthened its position in terms of the total exports, while Ecuador saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Brazil ($X) remains the largest denatured ethyl alcohol supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Ecuador (X% per year) and Argentina (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per litre, surging by X% against the previous year. Overall, the export price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per litre in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Paraguay ($X per litre), while Argentina ($X per litre) was amongst the lowest.

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

Denatured Ethyl Alcohol Imports

Imports in MERCOSUR

In 2022, supplies from abroad of denatured ethyl alcohol and other denatured spirits was finally on the rise to reach X litres for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a abrupt descent. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X litres in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, denatured ethyl alcohol imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Peru (X litres) represented the main importer of denatured ethyl alcohol and other denatured spirits, comprising X% of total imports. It was distantly followed by Colombia (X litres), making up an X% share of total imports. Chile (X litres) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to denatured ethyl alcohol imports into Peru stood at X%. At the same time, Chile (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. While the share of Peru (X p.p.), Colombia (X p.p.) and Chile (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) constitutes the largest market for imported denatured ethyl alcohol and other denatured spirits in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with an X% share of total imports.

In Peru, denatured ethyl alcohol imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per litre, rising by X% against the previous year. Import price indicated a mild increase from 2012 to 2022: its price 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, denatured ethyl alcohol import price increased by X% against 2019 indices. Over the period under review, import prices attained the maximum at $X per litre in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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