Brazil: Ethylene Polymer Bag Market 2025

Ethylene Polymer Bag Market Size in Brazil

The Brazilian ethylene polymer bag market reduced modestly to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Ethylene Polymer Bag Production in Brazil

In value terms, ethylene polymer bag production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 39% against the previous year. Ethylene polymer bag production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Ethylene Polymer Bag Exports

Exports from Brazil

In 2022, after two years of growth, there was significant decline in shipments abroad of sacks and bags of polymers of ethylene, when their volume decreased by -11.2% to X tons. In general, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.3% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by 46%. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, ethylene polymer bag exports rose markedly to $X in 2022. Over the period under review, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 41%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons), Uruguay (X tons) and Argentina (X tons) were the main destinations of ethylene polymer bag exports from Brazil, together accounting for 50% of total exports. Chile, Colombia, Costa Rica, Paraguay, Mexico, the UK, Nigeria and Ecuador lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +140.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ethylene polymer bag exported from Brazil were the United States ($X), Argentina ($X) and Chile ($X), with a combined 54% share of total exports. Uruguay, Colombia, Costa Rica, Mexico, Paraguay, Ecuador, Nigeria and the UK lagged somewhat behind, together comprising a further 39%.

Nigeria, with a CAGR of +109.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ethylene polymer bag export price amounted to $X per ton, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. 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 Argentina ($X per ton), while the average price for exports to the UK ($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 the United States (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Polymer Bag Imports

Imports into Brazil

Ethylene polymer bag imports into Brazil fell notably to X tons in 2022, declining by -15.8% on 2021. The total import volume increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 19% against the previous year. Imports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, ethylene polymer bag imports totaled $X in 2022. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 40%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of ethylene polymer bag to Brazil, accounting for a 48% share of total imports. Moreover, ethylene polymer bag imports from China exceeded the figures recorded by the second-largest supplier, Argentina (X tons), sixfold. Chile (X tons) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+12.0% per year) and Chile (+0.3% per year).

In value terms, China ($X), the United States ($X) and Argentina ($X) constituted the largest ethylene polymer bag suppliers to Brazil, together comprising 63% of total imports. Chile, Vietnam, Germany, Israel, Costa Rica, Thailand, South Korea, Hong Kong SAR and Paraguay lagged somewhat behind, together comprising a further 23%.

Vietnam, with a CAGR of +41.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ethylene polymer bag import price stood at $X per ton in 2022, jumping by 23% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene polymer bag import price increased by +30.1% against 2019 indices. As a result, import price reached 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 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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