Argentina: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Argentina

The Argentinian market for pure polyvinyl chloride in primary forms reduced to $X in 2022, waning by -3.5% against the previous year. Overall, consumption recorded a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Pure Polyvinyl Chloride in Primary Forms in Argentina

In value terms, production of pure polyvinyl chloride in primary forms declined slightly to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible contraction. The growth pace was the most rapid in 2017 with an increase of 27%. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports from Argentina

For the fourth consecutive year, Argentina recorded decline in shipments abroad of pure polyvinyl chloride in primary forms, which decreased by -10% to X tons in 2022. Overall, exports recorded a pronounced descent. The pace of growth was the most pronounced in 2016 with an increase of 41%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of pure polyvinyl chloride in primary forms rose slightly to $X in 2022. In general, exports recorded a mild shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 24%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for exports of pure polyvinyl chloride in primary forms from Argentina, with a 50% share of total exports. Moreover, exports of pure polyvinyl chloride in primary forms to Brazil exceeded the volume sent to the second major destination, Uruguay (X tons), twofold. Bolivia (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil amounted to -6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+18.0% per year) and Bolivia (+6.1% per year).

In value terms, Brazil ($X) remains the key foreign market for pure polyvinyl chloride in primary forms exports from Argentina, comprising 54% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 14% share of total exports. It was followed by Bolivia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil amounted to -5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+14.6% per year) and Bolivia (+6.4% per year).

Export Prices by Country

In 2022, the average export price for pure polyvinyl chloride in primary forms amounted to $X per ton, with an increase of 15% against the previous year. Overall, the export price saw a modest increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 25%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Uruguay ($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 Paraguay (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports into Argentina

In 2022, approx. X tons of pure polyvinyl chloride in primary forms were imported into Argentina; reducing by -34.4% on the previous year. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pure polyvinyl chloride in primary forms dropped dramatically to $X in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 103%. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) constituted the largest pure polyvinyl chloride in primary forms supplier to Argentina, with a 47% share of total imports. Moreover, imports of pure polyvinyl chloride in primary forms from Brazil exceeded the figures recorded by the second-largest supplier, Colombia (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (-15.6% per year) and the United States (-23.6% per year).

In value terms, Brazil ($X), Colombia ($X) and the United States ($X) appeared to be the largest pure polyvinyl chloride in primary forms suppliers to Argentina, with a combined 76% share of total imports. Sweden, Spain, Norway, South Korea, Germany and Mexico lagged somewhat behind, together accounting for a further 19%.

In terms of the main suppliers, Norway, with a CAGR of +29.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for pure polyvinyl chloride in primary forms stood at $X per ton in 2022, growing by 7.3% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pure polyvinyl chloride in primary forms increased by +76.5% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 54% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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