Brazil - Adipic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAdipic Acid Price in Brazil - 2023
Contents:
- Adipic Acid Price in Brazil (FOB) - 2023
- Adipic Acid Price in Brazil (CIF) - 2023
- Adipic Acid Exports in Brazil
- Adipic Acid Imports in Brazil
Adipic Acid Price in Brazil (FOB) - 2023
The average adipic acid export price stood at $2,040 per ton in July 2023, standing approximately at the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 13% m-o-m. Over the period under review, the average export prices reached the maximum at $2,343 per ton in October 2022; however, from November 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were the United States ($2,068 per ton) and Argentina ($1,891 per ton), while the average price for exports to Chile ($1,482 per ton) and Colombia ($1,701 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.1%), while the prices for the other major destinations experienced a decline.
Adipic Acid Price in Brazil (CIF) - 2023
In July 2023, the average adipic acid import price amounted to $2,077 per ton, waning by -33.4% against the previous month. Over the period under review, the import price showed a perceptible reduction. The growth pace was the most rapid in February 2023 when the average import price increased by 42% month-to-month. Over the period under review, average import prices hit record highs at $4,987 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,925 per ton), while the price for China ($1,455 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Adipic Acid Exports in Brazil
In 2022, shipments abroad of adipic acid, its salts and esters decreased by -3.4% to 19K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13%.
In value terms, adipic acid exports skyrocketed to $36M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Adipic Acid in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.7 | 10.5 | 10.7 | 15.7 | 0.0% |
France | 3.0 | 2.9 | 3.1 | 4.9 | 17.8% |
Belgium | N/A | 0.5 | 0.1 | 3.7 | 172.0% |
Mexico | 2.3 | 1.9 | 1.9 | 3.3 | 12.8% |
Turkey | N/A | 2.9 | 2.9 | 2.5 | -7.2% |
Italy | N/A | N/A | 2.0 | 2.5 | 25.0% |
Argentina | 1.2 | 0.6 | 1.9 | 1.9 | 16.6% |
Russia | N/A | 0.2 | 1.4 | N/A | 600.0% |
Others | 0.7 | 0.9 | 2.1 | 1.3 | 22.9% |
Total | 22.9 | 20.6 | 26.0 | 35.8 | 16.1% |
Top Export Markets for Adipic Acid from Brazil in 2022:
- United States (8.0K tons)
- France (2.4K tons)
- Belgium (1.9K tons)
- Mexico (1.8K tons)
- Turkey (1.6K tons)
- Italy (1.5K tons)
- Argentina (0.9K tons)
Adipic Acid Imports in Brazil
Adipic acid imports into Brazil skyrocketed to 2.6K tons in 2022, growing by 26% on the previous year's figure. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, adipic acid imports surged to $7.3M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Adipic Acid in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 1,769 | 1,068 | 1,302 | 2,493 | 12.1% |
Japan | 1,497 | 853 | 1,450 | 1,733 | 5.0% |
China | 693 | 1,000 | 440 | 1,332 | 24.3% |
United States | 754 | 846 | 944 | 762 | 0.4% |
Germany | 482 | 472 | 595 | 448 | -2.4% |
Chile | N/A | 56.8 | 157 | 51.7 | -4.6% |
Colombia | 253 | 201 | 41.7 | N/A | -59.4% |
Others | 141 | 367 | 372 | 462 | 48.5% |
Total | 5,589 | 4,863 | 5,303 | 7,281 | 9.2% |
Top Suppliers of Adipic Acid to Brazil in 2022:
- South Korea (1265.2 tons)
- China (710.7 tons)
- Japan (253.5 tons)
- Germany (132.9 tons)
- United States (128.9 tons)
- Chile (22.4 tons)
This report provides an in-depth analysis of the adipic 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 20143385 - Adipic acid, its salts and esters
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
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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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