Bolivia: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Bolivia

The Bolivian market for polyethylene terephthalate and other polyethylene terephthalate in primary forms totaled less than $X in 2022, approximately reflecting the previous year. In general, consumption posted a prominent increase. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Bolivia

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at less than $X in 2022 estimated in export price. Overall, production saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 53%. Over the period under review, production of hit record highs at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from Bolivia

In 2016, approx. X tons of polyethylene terephthalate and other polyethylene terephthalate in primary forms were exported from Bolivia; which is down by -58.3% against the year before. Overall, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 77% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2015, and then shrank notably in the following year.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms contracted sharply to $X in 2016. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 51%. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Brazil (X tons), Paraguay (X tons) and Argentina (X tons) were the main destinations of exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Bolivia, together accounting for 98% of total exports.

From 2012 to 2016, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of +6.5%), while the other leaders experienced mixed trend patterns.

In value terms, Paraguay ($X), Brazil ($X) and Argentina ($X) appeared to be the largest markets for polyethylene terephthalate and other polyethylene terephthalate in primary forms exported from Bolivia worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, Paraguay, with a CAGR of -6.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2016, which is down by -12.8% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth appeared the most rapid in 2014 a decrease of -6.5%. The export price peaked at $X per ton in 2012; however, from 2013 to 2016, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into Bolivia

In 2016, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms into Bolivia amounted to X tons, growing by 11% against 2015. The total import volume increased at an average annual rate of +7.9% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 19% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2016, imports remained at a lower figure.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms reduced to $X in 2016. In general, imports, however, saw a abrupt decline. The growth pace was the most rapid in 2013 with an increase of 10% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2016, imports remained at a lower figure.

Imports by Country

In 2016, China (X tons) constituted the largest supplier of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Bolivia, with a 67% share of total imports. Moreover, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from China exceeded the figures recorded by the second-largest supplier, India (X tons), eightfold. Argentina (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2016, the average annual growth rate of volume from China stood at +40.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+59.5% per year) and Argentina (-6.7% per year).

In value terms, China ($X) constituted the largest supplier of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Bolivia, comprising 67% of total imports. The second position in the ranking was taken by Argentina ($X), with an 8.7% share of total imports. It was followed by India, with an 8.5% share.

From 2012 to 2016, the average annual rate of growth in terms of value from China totaled +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-18.2% per year) and India (+29.7% per year).

Import Prices by Country

The average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2016, shrinking by -19.4% against the previous year. In general, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2013 a decrease of -7.8%. The import price peaked at $X per ton in 2012; however, from 2013 to 2016, 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 Argentina ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by South Korea (-5.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform