MERCOSUR: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in MERCOSUR

The MERCOSUR ketone and quinone market expanded remarkably to $X in 2022, increasing by X% against the previous year. Overall, consumption continues to indicate a slight curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Ketone And Quinone Production in MERCOSUR

In value terms, ketone and quinone production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ketone And Quinone Exports

Exports in MERCOSUR

In 2022, approx. X tons of ketones and quinones were exported in MERCOSUR; which is down by X% against the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, ketone and quinone exports contracted to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

The shipments of the one major exporters of ketones and quinones, namely Brazil, represented more than two-thirds of total export.

Brazil was also the fastest-growing in terms of the ketones and quinones exports, with a CAGR of X% from 2012 to 2022. While the share of Brazil (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest ketone and quinone supplier in MERCOSUR.

In Brazil, ketone and quinone exports expanded at 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, with an increase of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Ketone And Quinone Imports

Imports in MERCOSUR

In 2022, after two years of growth, there was significant decline in overseas purchases of ketones and quinones, when their volume decreased by X% to X tons. Overall, imports continue to indicate a slight slump. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then declined significantly in the following year.

In value terms, ketone and quinone imports expanded slightly to $X in 2022. Total imports indicated a noticeable expansion 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 appeared the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Brazil represented the major importer of ketones and quinones in MERCOSUR, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Argentina (X tons), Colombia (X tons) and Peru (X tons), together achieving a X% share of total imports. The following importers - Chile (X tons) and Ecuador (X tons) - together made up X% of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of ketones and quinones. At the same time, Ecuador (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Colombia experienced a relatively flat trend pattern. By contrast, Chile (X%) and Peru (X%) illustrated a downward trend over the same period. Argentina (X p.p.), Brazil (X p.p.), Ecuador (X p.p.) and Colombia (X p.p.) significantly strengthened its position in terms of the total imports, while Peru saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported ketones and quinones in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Colombia, with an X% share.

In Brazil, ketone and quinone 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: Argentina (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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