Brazil: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in Brazil

In 2023, the Brazilian amine-function compounds market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption continues to indicate a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Amine-Function Compounds Production in Brazil

In value terms, amine-function compounds production amounted to $X in 2023 estimated in export price. In general, production showed a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Amine-Function Compounds Exports

Exports from Brazil

For the third consecutive year, Brazil recorded decline in shipments abroad of amine-function compounds, which decreased by X% to X tons in 2023. Overall, exports, however, recorded noticeable growth. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, amine-function compounds exports shrank notably to $X in 2023. In general, exports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Uruguay (X tons) and Argentina (X tons) were the main destinations of amine-function compounds exports from Brazil, with a combined X% share of total exports. South Korea, Colombia, India, Chile, China, Paraguay and Peru lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Argentina ($X) and Chile ($X) appeared to be the largest markets for amine-function compounds exported from Brazil worldwide, with a combined X% share of total exports. Colombia, South Korea, Uruguay, India, Paraguay, China and Peru lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average amine-function compounds export price amounted to $X per ton, remaining stable against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. The export price peaked at $X per ton in 2022, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced mixed trend patterns.

Amine-Function Compounds Imports

Imports into Brazil

In 2023, approx. X tons of amine-function compounds were imported into Brazil; falling by X% against 2022. Over the period under review, imports recorded a slight reduction. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports remained at a lower figure.

In value terms, amine-function compounds imports declined rapidly to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

China (X tons), the United States (X tons) and Belgium (X tons) were the main suppliers of amine-function compounds imports to Brazil, with a combined X% share of total imports. Germany, Mexico, India, Singapore and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and India ($X) were the largest amine-function compounds suppliers to Brazil, together comprising X% of total imports. Belgium, Germany, Mexico, Singapore and South Korea lagged somewhat behind, together comprising a further X%.

Singapore, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average amine-function compounds import price stood at $X per ton in 2023, declining by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform