MERCOSUR: Market for Industrial Tall Oil Fatty Acids 2024

Market Size for Industrial Tall Oil Fatty Acids in MERCOSUR

The MERCOSUR tall oil fatty acids market dropped modestly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a slight 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Industrial Tall Oil Fatty Acids in MERCOSUR

In value terms, tall oil fatty acids production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt contraction. The growth pace was the most rapid in 2019 with an increase of X,000%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Industrial Tall Oil Fatty Acids

Exports in MERCOSUR

In 2022, approx. X tons of industrial tall oil fatty acids were exported in MERCOSUR; jumping by X% compared with 2021. In general, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, tall oil fatty acids exports soared to $X in 2022. Overall, exports, however, recorded a abrupt slump. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Chile (X tons), Colombia (X tons) and Brazil (X tons) represented the major exporter of industrial tall oil fatty acids in MERCOSUR, comprising X% of total export. It was distantly followed by Venezuela (X tons), achieving a X% share of total exports.

From 2012 to 2022, 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, Brazil ($X), Colombia ($X) and Chile ($X) were the countries with the highest levels of exports in 2022, 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

In 2022, the export price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price showed a modest expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 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 mixed trends in the export price figures.

Imports of Industrial Tall Oil Fatty Acids

Imports in MERCOSUR

Tall oil fatty acids imports reduced sharply to X tons in 2022, falling by X% on the previous year. Over the period under review, imports saw a mild setback. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, tall oil fatty acids imports rose sharply to $X in 2022. Total imports indicated a temperate 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Colombia (X tons) and Brazil (X tons) dominates imports structure, together making up X% of total imports. The following importers - Venezuela (X tons), Peru (X tons), Chile (X tons) and Ecuador (X tons) - each amounted to an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Colombia ($X), Brazil ($X) and Ecuador ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Import price indicated a moderate 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, tall oil fatty acids import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per ton), while Peru ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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