Latin America fuel supply hasn’t been able to meet the region’s fuel demand for the past several years mainly due to its refineries’ low utilization rates and a lack of investments in refinery upgrades and expansions. In addition, refining capacity has been insufficient in key Latin American countries. As a result, the region has been increasingly relying on fuel imports especially from the U.S. with imports touching ~5.5 million barrels per day in 2019, an increase of ~139% in the past decade. Mexico, Brazil, Chile, Ecuador, and Peru are the biggest Latin American countries accounting for ~75% ‒ 80% of the total U.S. fuel exports to the region. ADI will provide a snapshot of the refining industry landscape in these Latin American countries in a series of blogs focusing on Brazil, Mexico, Chile, Ecuador, Peru. These blogs draw on our extensive research and consulting on refining in Latin America including our recent multi-client study, “Market Outlook for U.S. Refined Products Exports to Latin America”.
This study addresses several strategic questions on the outlook for U.S. fuel exports to Latin America by analyzing the region’s fuel market drivers, refining capacity, utilization outlook, and export/import infrastructure analysis. It provides fuel-wise and country-wise deep dives for Latin America with competitive strategies for U.S. fuel exporters.
We welcome you to join this study. As a subscriber, you’ll have multiple options to customize your access to the study deliverables. These include a report of approximately 150 pages and a detailed data sheet. You’ll also get a workshop to share findings and discuss underlying assumptions. An annual subscription is available, offering four quarterly updates to the study. Download our study prospectus to learn more.
– Swati Singh and Uday Turaga
About ADI Analytics
ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.
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