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Brazil - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in Brazil - 2023
Contents:
- Carboxylic Acid Price in Brazil (CIF) - 2023
- Carboxylic Acid Price in Brazil (FOB) - 2022
- Carboxylic Acid Imports in Brazil
- Carboxylic Acid Exports in Brazil
Carboxylic Acid Price in Brazil (CIF) - 2023
The average carboxylic acid import price stood at $3,936 per ton in August 2023, dropping by -36% against the previous month. In general, the import price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 42% month-to-month. Over the period under review, average import prices hit record highs at $6,175 per ton in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($19,634 per ton), while the price for China ($2,684 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Carboxylic Acid Price in Brazil (FOB) - 2022
The average carboxylic acid export price stood at $3,343 per ton in 2022, surging by 13% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The growth pace was the most rapid in 2015 when the average export price increased by 23%. Over the period under review, the average export prices hit record highs at $6,298 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($56,742 per ton), while the average price for exports to the Netherlands ($996 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Carboxylic Acid Imports in Brazil
In 2022, approx. 75K tons of carboxylic acid with alcohol, phenol, aldehyde or ketone functions were imported into Brazil; growing by 7.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, carboxylic acid imports skyrocketed to $374M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Carboxylic Acid in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 60.4 | 69.8 | 103 | 159 | 38.1% |
India | 18.3 | 12.5 | 40.0 | 67.0 | 54.1% |
Germany | 18.3 | 17.7 | 18.6 | 30.9 | 19.1% |
United States | 27.4 | 18.2 | 21.8 | 20.7 | -8.9% |
Argentina | 9.3 | 4.4 | 6.9 | 10.1 | 2.8% |
Poland | 15.9 | 12.9 | 10.2 | 9.2 | -16.7% |
South Korea | 7.8 | 6.1 | 9.7 | 8.1 | 1.3% |
Australia | 18.7 | 8.1 | 5.0 | 5.2 | -34.7% |
Austria | 13.4 | 13.5 | 3.3 | N/A | -50.4% |
Others | 46.1 | 53.6 | 60.0 | 63.5 | 11.3% |
Total | 236 | 217 | 279 | 374 | 16.6% |
Top Suppliers of Carboxylic Acid to Brazil in 2022:
- Austria (undefinedK tons)
- China (40.7K tons)
- India (12.3K tons)
- United States (4.3K tons)
- Germany (3.6K tons)
- Argentina (3.2K tons)
- Poland (2.4K tons)
- South Korea (1.4K tons)
- Australia (1.0K tons)
Carboxylic Acid Exports in Brazil
In 2022, overseas shipments of carboxylic acid with alcohol, phenol, aldehyde or ketone functions decreased by -8.5% to 25K tons, falling for the second year in a row after two years of growth. Overall, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, the exports reached the peak of 31K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, carboxylic acid exports reached $84M in 2022. In general, exports recorded a mild decrease. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of $101M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Carboxylic Acid in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 35.1 | 41.1 | 28.5 | 28.5 | -6.7% |
Italy | 23.6 | 30.5 | 25.5 | 22.7 | -1.3% |
Netherlands | 16.6 | 15.8 | 12.6 | 15.0 | -3.3% |
Argentina | 2.1 | 2.3 | 3.0 | 4.2 | 26.0% |
Colombia | 1.2 | 1.1 | 1.7 | 2.0 | 18.6% |
United States | 1.4 | 2.1 | 1.9 | 1.8 | 8.7% |
Spain | 0.7 | 1.4 | 1.3 | 1.6 | 31.7% |
Chile | 0.9 | 0.8 | 1.4 | 1.3 | 13.0% |
Guatemala | 0.6 | 0.7 | 0.7 | 1.1 | 22.4% |
Uruguay | 0.2 | 0.3 | 0.4 | 0.7 | 51.8% |
Costa Rica | 0.4 | 0.5 | 0.5 | 0.7 | 20.5% |
Others | 4.2 | 4.3 | 4.3 | 4.4 | 1.6% |
Total | 86.9 | 101 | 81.7 | 84.3 | -1.0% |
Top Export Markets for Carboxylic Acid from Brazil in 2022:
- Netherlands (15.1K tons)
- Argentina (1.9K tons)
- India (1.2K tons)
- Colombia (1.0K tons)
- Spain (1.0K tons)
- United States (0.8K tons)
- Guatemala (0.7K tons)
- Chile (0.5K tons)
- Italy (0.4K tons)
- Uruguay (0.4K tons)
- Costa Rica (0.4K tons)
This report provides an in-depth analysis of the carboxylic acid market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the carboxylic acid price stood at $6,175 per ton (CIF, Brazil), growing by 26% against the previous month.
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