Brazil: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Brazil

After five years of growth, the Brazilian plastic household ware market decreased by -3.7% to $X in 2021. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then fell modestly in the following year.

Plastic Household Ware Production in Brazil

In value terms, plastic household ware production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 9.4%. Over the period under review, production reached the peak level at $X in 2020, and then declined modestly in the following year.

Plastic Household Ware Exports

Exports from Brazil

In 2021, the amount of plastics household articles and toilet articles exported from Brazil soared to X tons, with an increase of 46% against the year before. Over the period under review, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.7% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware exports soared to $X in 2021. In general, total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Paraguay (X tons), the United States (X tons) and Uruguay (X tons) were the main destinations of plastic household ware exports from Brazil, together accounting for 58% of total exports. Argentina, Chile, Israel, Bolivia, Mexico, Costa Rica, Panama and Ecuador lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of +267.4%), while the other leaders experienced more modest paces of growth.

In value terms, Paraguay ($X), the United States ($X) and Uruguay ($X) were the largest markets for plastic household ware exported from Brazil worldwide, with a combined 52% share of total exports. Argentina, Chile, Bolivia, Israel, Mexico, Ecuador, Costa Rica and Panama lagged somewhat behind, together comprising a further 36%.

In terms of the main countries of destination, Israel, with a CAGR of +221.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average plastic household ware export price amounted to $X per ton, with an increase of 14% against the previous year. Overall, the export price, however, saw a slight descent. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.8%), while the prices for the other major destinations experienced a decline.

Plastic Household Ware Imports

Imports into Brazil

After two years of decline, overseas purchases of plastics household articles and toilet articles increased by 15% to X tons in 2021. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 40% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic household ware imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of plastic household ware to Brazil, with a 85% share of total imports. Moreover, plastic household ware imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), more than tenfold. Paraguay (X tons) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+5.0% per year) and Paraguay (+15.8% per year).

In value terms, China ($X) constituted the largest supplier of plastics household articles and toilet articles to Brazil, comprising 79% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 3% share of total imports. It was followed by Colombia, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+3.3% per year) and Colombia (+66.5% per year).

Import Prices by Country

The average plastic household ware import price stood at $X per ton in 2021, picking up by 26% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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