MERCOSUR: Market for Caustic Soda in the Solid Form 2024

Market Size for Caustic Soda in the Solid Form in MERCOSUR

The MERCOSUR market for caustic soda in the solid form declined rapidly to $X in 2023, falling by X% against the previous year. In general, consumption, however, saw a notable expansion. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Production of Caustic Soda in the Solid Form in MERCOSUR

In value terms, production of caustic soda in the solid form reduced sharply to $X in 2023 estimated in export price. The total production indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then reduced dramatically in the following year.

Exports of Caustic Soda in the Solid Form

Exports in MERCOSUR

In 2023, exports of caustic soda in the solid form in MERCOSUR dropped to X tons, which is down by X% on the year before. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of caustic soda in solid form attained the maximum at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, exports of caustic soda in the solid form dropped sharply to $X in 2023. Over the period under review, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports of caustic soda in solid form hit record highs at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Peru was the main exporter of caustic soda in the solid form in MERCOSUR, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Argentina (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Brazil (X%).

From 2012 to 2023, average annual rates of growth with regard to caustic soda in the solid form exports from Peru stood at X%. At the same time, Brazil (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Argentina (X%) illustrated a downward trend over the same period. While the share of Peru (X p.p.) and Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Argentina (X p.p.) displayed negative dynamics.

In value terms, Peru ($X) remains the largest caustic soda in the solid form supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports.

In Peru, exports of caustic soda in the solid form decreased by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per ton, shrinking by X% against the previous year. Export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for caustic soda in the solid form increased by X% against 2020 indices. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced remarkably in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Peru ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Caustic Soda in the Solid Form

Imports in MERCOSUR

In 2023, imports of caustic soda in the solid form in MERCOSUR reduced to X tons, waning by X% on 2022. Total imports indicated a temperate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports of caustic soda in solid form hit record highs at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, imports of caustic soda in the solid form contracted dramatically to $X in 2023. Over the period under review, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then fell dramatically in the following year.

Imports by Country

Peru (X tons) and Brazil (X tons) represented roughly X% of total imports in 2023. Colombia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%), Ecuador (X%) and Venezuela (X%). Paraguay (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Peru (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Brazil ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Peru, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 2023, with a decrease of X% against the previous year. Import price indicated a noticeable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for caustic soda in the solid form increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price attained the peak level of $X per ton, and then reduced dramatically in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform