Bolivia: Amino-Resin Market 2024

Amino-Resin Market Size in Bolivia

The Bolivian amino-resin market soared to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Amino-resin consumption peaked in 2022 and is likely to continue growth in the near future.

Amino-Resin Exports

Exports from Bolivia

After two years of decline, overseas shipments of amino-resins, phenolic resins and polyurethanes (in primary forms) decreased by X% to X tons in 2022. Over the period under review, exports saw a significant expansion. The smallest decline of X% was in 2020. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, amino-resin exports stood at $X in 2022. Overall, exports posted a significant expansion. The smallest decline of X% was in 2020. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Ecuador (X tons) was the main destination for amino-resin exports from Bolivia, with a X% share of total exports. Moreover, amino-resin exports to Ecuador exceeded the volume sent to the second major destination, the Dominican Republic (X kg), more than tenfold.

From 2015 to 2022, the average annual growth rate of volume to Ecuador amounted to X%.

From 2015 to 2022, the average annual rate of growth in terms of value to Ecuador stood at X%.

Export Prices by Country

In 2022, the average amino-resin export price amounted to $X per ton, leveling off at the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to the Dominican Republic stood at $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (X%).

Amino-Resin Imports

Imports into Bolivia

In 2022, the amount of amino-resins, phenolic resins and polyurethanes (in primary forms) imported into Bolivia expanded slightly to X tons, growing by X% against 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, amino-resin imports skyrocketed to $X in 2022. Overall, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Brazil (X tons) constituted the largest amino-resin supplier to Bolivia, accounting for a X% share of total imports. Moreover, amino-resin imports from Brazil exceeded the figures recorded by the second-largest supplier, Colombia (X tons), more than tenfold. Peru (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Peru (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of amino-resins, phenolic resins and polyurethanes (in primary forms) to Bolivia, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with an X% share of total imports. It was followed by Peru, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Peru (X% per year).

Import Prices by Country

The average amino-resin import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Colombia ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform