Bolivia: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Bolivia

The Bolivian market for floor, wall or ceiling coverings of plastics expanded rapidly to $X in 2022, rising by 9% 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). The market value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Bolivia

In 2017, the amount of floor, wall or ceiling coverings of plastics exported from Bolivia surged to X square meters, rising by 24,822% against the year before. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of floor, wall or ceiling coverings of plastics soared to $X in 2017. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X square meters) and Colombia (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from Bolivia.

From 2016 to 2017, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +17,700.0%).

In value terms, Germany ($X) remains the key foreign market for floor, wall or ceiling coverings of plastics exports from Bolivia, comprising 74% of total exports. The second position in the ranking was taken by Colombia ($X), with a 26% share of total exports.

From 2016 to 2017, the average annual growth rate of value to Germany amounted to +22,888.2%.

Export Prices by Country

The average export price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2017, surging by 24% against the previous year. Over the last one years, it increased at an average annual rate of +23.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Colombia amounted to $X per square meter.

From 2016 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+29.1%).

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Bolivia

In 2022, after two years of decline, there was significant growth in supplies from abroad of floor, wall or ceiling coverings of plastics, when their volume increased by 5.2% to X square meters. Over the period under review, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 44% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of floor, wall or ceiling coverings of plastics amounted to $X in 2022. Overall, total imports indicated a moderate increase from 2012 to 2022: its value 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, imports increased by +43.1% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of 47% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest plastic floor, wall and ceiling coverings supplier to Bolivia, accounting for a 88% share of total imports. Moreover, imports of floor, wall or ceiling coverings of plastics from China exceeded the figures recorded by the second-largest supplier, Peru (X square meters), more than tenfold. Brazil (X square meters) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-10.9% per year) and Brazil (+2.5% per year).

In value terms, China ($X) constituted the largest supplier of floor, wall or ceiling coverings of plastics to Bolivia, comprising 69% of total imports. The second position in the ranking was taken by Peru ($X), with an 8.4% share of total imports. It was followed by Brazil, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-2.3% per year) and Brazil (+1.4% per year).

Import Prices by Country

In 2022, the average import price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, growing by 5.2% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 33% against the previous year. The import price peaked at $X per square meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Brazil ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform