Argentina: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Argentina

The Argentinian market for plastic plates, sheets, film, foil and strip rose notably to $X in 2021, with an increase of 9.6% against the previous year. In general, consumption, however, recorded a mild descent. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Argentina

In value terms, production of plastic plates, sheets, film, foil and strip reached $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible descent. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Argentina

In 2021, exports of plastic plates, sheets, film, foil and strip from Argentina contracted notably to X tons, which is down by -26.5% compared with 2020. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of 1.3%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of plastic plates, sheets, film, foil and strip shrank significantly to $X in 2021. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by 6.5% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Chile (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Argentina, accounting for a 48% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to Chile exceeded the volume sent to the second major destination, Uruguay (X tons), twofold. The third position in this ranking was taken by Brazil (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Chile amounted to -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-5.3% per year) and Brazil (-24.1% per year).

In value terms, Chile ($X) remains the key foreign market for plastic plates, sheets, film, foil and strip exports from Argentina, comprising 46% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 21% share of total exports. It was followed by Brazil, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to Chile totaled -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-4.7% per year) and Brazil (-21.8% per year).

Export Prices by Country

In 2021, the average export price for plastic plates, sheets, film, foil and strip amounted to $X per ton, with an increase of 14% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 14%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Argentina

In 2021, imports of plastic plates, sheets, film, foil and strip into Argentina stood at X tons, leveling off at the year before. Overall, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +89.9% against 2014 indices. The most prominent rate of growth was recorded in 2019 with an increase of 24% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip surged to $X in 2021. The total import value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Brazil (X tons) constituted the largest plastic plate, sheet, film, foil and strip supplier to Argentina, with a 35% share of total imports. Moreover, imports of plastic plates, sheets, film, foil and strip from Brazil exceeded the figures recorded by the second-largest supplier, Uruguay (X tons), threefold. The third position in this ranking was held by China (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil amounted to +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+27.9% per year) and China (+7.1% per year).

In value terms, Brazil ($X) constituted the largest supplier of plastic plates, sheets, film, foil and strip to Argentina, comprising 31% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by the United States, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.6% per year) and the United States (-2.0% per year).

Import Prices by Country

In 2021, the average import price for plastic plates, sheets, film, foil and strip amounted to $X per ton, picking up by 26% against the previous year. In general, the import price, however, continues to indicate a mild contraction. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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