MERCOSUR: Maleic Anhydride Market 2024

Maleic Anhydride Market Size in MERCOSUR

The MERCOSUR maleic anhydride market amounted to $X in 2022, stabilizing at the previous year. The total consumption indicated a perceptible 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, consumption increased by X% against 2018 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Maleic Anhydride Production in MERCOSUR

In value terms, maleic anhydride production shrank slightly to $X in 2022 estimated in export price. In general, production, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Maleic Anhydride Exports

Exports in MERCOSUR

In 2022, overseas shipments of maleic anhydride were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, maleic anhydride exports soared to $X in 2022. In general, exports, however, saw a noticeable curtailment. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Argentina (X tons) represented the major exporter of maleic anhydride, comprising X% of total exports. It was distantly followed by Brazil (X tons), comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to maleic anhydride exports from Argentina stood at X%. Brazil (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by X% from 2012 to 2022, respectively.

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

In Argentina, maleic anhydride exports plunged 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, growing by X% against the previous year. Overall, the export price saw a noticeable expansion. The growth pace was the most rapid in 2021 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.

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

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

Maleic Anhydride Imports

Imports in MERCOSUR

In 2022, imports of maleic anhydride in MERCOSUR shrank to X tons, waning by X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then contracted in the following year.

In value terms, maleic anhydride imports surged to $X in 2022. Over the period under review, imports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) was the largest importer of maleic anhydride, generating X% of total imports. Colombia (X tons) took the second position in the ranking, distantly followed by Peru (X tons). All these countries together took near X% share of total imports. The following importers - Chile (X tons) and Ecuador (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to maleic anhydride imports into Brazil stood at X%. At the same time, Ecuador (X%), Peru (X%) and Chile (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. Brazil (X p.p.) and Peru (X p.p.) significantly strengthened its position in terms of the total imports, while Colombia 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, the largest maleic anhydride importing markets in MERCOSUR were Brazil ($X), Colombia ($X) and Peru ($X), together comprising X% of total imports. Chile and Ecuador lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Overall, the import price saw moderate growth. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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