MERCOSUR: Market for Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function 2024

Market Size for Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function in MERCOSUR

The MERCOSUR market for benzaldehyde and other cyclic aldehydes without other oxygen function contracted to $X in 2022, reducing by X% against the previous year. Overall, consumption continues to indicate a noticeable setback. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function in MERCOSUR

In value terms, benzaldehyde and other cyclic aldehydes production fell to $X in 2022 estimated in export price. Overall, production showed a perceptible downturn. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Exports in MERCOSUR

Benzaldehyde and other cyclic aldehydes exports surged to X tons in 2022, growing by X% on 2021. Over the period under review, exports posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, benzaldehyde and other cyclic aldehydes exports soared to $X in 2022. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) and Colombia (X tons) prevails in exports structure, together constituting X% of total exports. It was distantly followed by Argentina (X tons), creating an X% share of total exports.

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

In value terms, Brazil ($X) remains the largest benzaldehyde and other cyclic aldehydes supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports.

In Brazil, benzaldehyde and other cyclic aldehydes exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price saw a slight curtailment. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Imports in MERCOSUR

In 2022, the amount of benzaldehyde and other cyclic aldehydes without other oxygen function imported in MERCOSUR reduced to X tons, waning by X% compared with 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, benzaldehyde and other cyclic aldehydes 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 most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil was the key importer of benzaldehyde and other cyclic aldehydes without other oxygen function in MERCOSUR, with the volume of imports recording X tons, which was near X% of total imports in 2022. Colombia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (X%). Chile (X tons) followed a long way behind the leaders.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of benzaldehyde and other cyclic aldehydes without other oxygen function. At the same time, Chile (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%) illustrated a downward trend over the same period. While the share of Colombia (X p.p.) and Brazil (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Argentina (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported benzaldehyde and other cyclic aldehydes without other oxygen function in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Colombia (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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