Bolivia: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Bolivia

The Bolivian plastic self-adhesive plate market soared to $X in 2022, jumping by 23% 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). Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +78.2% against 2012 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Plastic Self-Adhesive Plate Exports

Exports from Bolivia

In 2022, overseas shipments of plastic self-adhesive plates, sheets and other flat shapes decreased by -33.7% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 495% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, plastic self-adhesive plate exports soared to $X in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 775% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Peru (X tons) was the main destination for plastic self-adhesive plate exports from Bolivia, accounting for a 85% share of total exports. Moreover, plastic self-adhesive plate exports to Peru exceeded the volume sent to the second major destination, Chile (X kg), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru totaled +28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+37.1% per year) and Italy (+3,233.3% per year).

In value terms, Peru ($X) remains the key foreign market for plastic self-adhesive plates, sheets and other flat shapes exports from Bolivia, comprising 97% of total exports. The second position in the ranking was held by Chile ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Peru stood at +52.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+31.5% per year) and Italy (+212.5% per year).

Export Prices by Country

In 2022, the average plastic self-adhesive plate export price amounted to $X per ton, picking up by 248% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Chile ($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 Colombia (+251.8%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Self-Adhesive Plate Imports

Imports into Bolivia

In 2022, approx. X tons of plastic self-adhesive plates, sheets and other flat shapes were imported into Bolivia; increasing by 28% on 2021. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 38%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, plastic self-adhesive plate imports surged to $X in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main plastic self-adhesive plate supplier to Bolivia, accounting for a 91% share of total imports. It was followed by Brazil (X tons), with a 2.3% share of total imports. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+19.6% per year) and Taiwan (Chinese) (-7.5% per year).

In value terms, China ($X) constituted the largest supplier of plastic self-adhesive plates, sheets and other flat shapes to Bolivia, comprising 61% of total imports. The second position in the ranking was taken by Brazil ($X), with a 9.4% share of total imports. It was followed by the United States, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+16.5% per year) and the United States (-0.2% per year).

Import Prices by Country

In 2022, the average plastic self-adhesive plate import price amounted to $X per ton, declining by -6.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform