Argentina: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Argentina

The Argentinian market for cellular plates, sheets and films of polyymers of styrene expanded markedly to $X in 2022, surging by 6.5% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Argentina

In value terms, production of cellular plates, sheets and films of polyymers of styrene stood at $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 41% against the previous year. Over the period under review, production of reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Argentina

In 2022, approx. X tons of cellular plates, sheets and films of polyymers of styrene were exported from Argentina; with an increase of 88% against the previous year's figure. Over the period under review, exports, however, showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 94%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene surged to $X in 2022. Overall, exports, however, showed a sharp slump. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Argentina, accounting for a 71% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to Uruguay exceeded the volume sent to the second major destination, Panama (X kg), sixfold. Bolivia (X kg) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume to Uruguay stood at -27.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+7.7% per year) and Bolivia (-24.5% per year).

In value terms, the largest markets for polystyrene cellular plates, sheets and films exported from Argentina were Bolivia ($X), Uruguay ($X) and the United States ($X), with a combined 73% share of total exports. Spain, Paraguay and Panama lagged somewhat behind, together comprising a further 21%.

Spain, with a CAGR of +80.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, reducing by -24.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Uruguay ($X 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 Spain (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Argentina

In 2022, imports of cellular plates, sheets and films of polyymers of styrene into Argentina fell notably to X tons, reducing by -40.9% on the year before. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by 174% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene reduced to $X in 2022. In general, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 127%. Over the period under review, imports of reached the maximum at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest polystyrene cellular plates, sheets and films supplier to Argentina, with a 69% share of total imports. Moreover, imports of cellular plates, sheets and films of polyymers of styrene from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+138.7% per year) and Germany (+42.8% per year).

In value terms, China ($X) constituted the largest supplier of cellular plates, sheets and films of polyymers of styrene to Argentina, comprising 47% of total imports. The second position in the ranking was taken by the United States ($X), with a 20% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.7% per year) and Germany (+51.2% per year).

Import Prices by Country

The average import price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, jumping by 54% against the previous year. In general, the import price showed temperate growth. The pace of growth was the most pronounced in 2021 an increase of 69%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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