Brazil: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Brazil

The Brazilian market for self-adhesive plastic tape in rolls of a width under 20cm shrank to $X in 2022, falling by -7.5% 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). Over the period under review, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +15.7% against 2020 indices. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Brazil

In 2022, overseas shipments of self-adhesive plastic tape in rolls of a width under 20cm decreased by -8.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 72%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm surged to $X in 2022. In general, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 43%. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Brazil, accounting for a 52% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Argentina exceeded the volume sent to the second major destination, Uruguay (X tons), fivefold. The third position in this ranking was taken by Ecuador (X tons), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina totaled -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-1.1% per year) and Ecuador (+2.9% per year).

In value terms, Argentina ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from Brazil, comprising 45% of total exports. The second position in the ranking was held by Ecuador ($X), with an 8.9% share of total exports. It was followed by Colombia, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to Argentina stood at -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+0.3% per year) and Colombia (+2.9% per year).

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, rising by 26% against the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 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 Chile ($X per ton), while the average price for exports to Uruguay ($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 Chile (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Brazil

In 2022, the amount of self-adhesive plastic tape in rolls of a width under 20cm imported into Brazil reduced to X tons, which is down by -10.4% on the year before. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 55% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm reduced to $X in 2022. The total import value increased at an average annual rate of +3.0% 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 2021 with an increase of 35%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Brazil, accounting for a 65% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was held by the UK (X tons), with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.2% per year) and the UK (+13.5% per year).

In value terms, China ($X), the United States ($X) and the UK ($X) appeared to be the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to Brazil, with a combined 52% share of total imports. Germany, Argentina, Canada, Italy, Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together accounting for a further 19%.

Germany, with a CAGR of +7.1%, recorded 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 import price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, growing by 5.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 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 the United States (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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