MERCOSUR: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in MERCOSUR

The MERCOSUR odoriferous substance mixture market soared to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Odoriferous Substance Mixture Production in MERCOSUR

In value terms, odoriferous substance mixture production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Odoriferous Substance Mixture Exports

Exports in MERCOSUR

In 2022, after ten years of growth, there was significant decline in shipments abroad of mixtures of odoriferous substances and their preparations, when their volume decreased by X% to X tons. Overall, exports showed a perceptible slump. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, odoriferous substance mixture exports fell significantly to $X in 2022. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Brazil (X tons), Argentina (X tons) and Colombia (X tons) represented roughly X% of total exports in 2022. Chile (X tons) held the next position in the ranking, followed by Peru (X tons). All these countries together held approx. 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 more modest paces of growth.

In value terms, Argentina ($X), Brazil ($X) and Colombia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Chile and Peru lagged somewhat behind, together comprising a further X%.

Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price saw a slight curtailment. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 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 Argentina ($X per ton), while Peru ($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.

Odoriferous Substance Mixture Imports

Imports in MERCOSUR

For the third consecutive year, MERCOSUR recorded growth in purchases abroad of mixtures of odoriferous substances and their preparations, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, odoriferous substance mixture imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons) and Colombia (X tons) were the largest importers of mixtures of odoriferous substances and their preparations in 2022, reaching approx. X% and X% of total imports, respectively. It was distantly followed by Chile (X tons), Peru (X tons), Argentina (X tons) and Ecuador (X tons), together making up a X% share of total imports. Paraguay (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Colombia ($X) and Chile ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Peru, Argentina, Ecuador and Paraguay lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Ecuador, with a CAGR of X%, saw the highest growth rate of 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

The import price in MERCOSUR stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the 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 Argentina ($X per ton) and Ecuador ($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 Paraguay (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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