Brazil: Sisal Binder Market 2025

Sisal Binder Market Size in Brazil

In 2022, the Brazilian sisal binder market increased by 6.6% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +8.0% 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 +33.7% against 2019 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in years to come.

Sisal Binder Production in Brazil

In value terms, sisal binder production rose slightly to $X in 2022 estimated in export price. In general, production, however, showed a mild decrease. The most prominent rate of growth was recorded in 2015 with an increase of 17%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Sisal Binder Exports

Exports from Brazil

In 2022, approx. X tons of sisal binder or baler (agricultural) twines were exported from Brazil; leveling off at the previous year. In general, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sisal binder exports rose significantly to $X in 2022. Over the period under review, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 18%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for sisal binder exports from Brazil, with a 74% share of total exports. Moreover, sisal binder exports to the United States exceeded the volume sent to the second major destination, Portugal (X tons), more than tenfold. The third position in this ranking was held by Canada (X tons), with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+7.7% per year) and Canada (-5.5% per year).

In value terms, the United States ($X) remains the key foreign market for sisal binder or baler (agricultural) twines exports from Brazil, comprising 74% of total exports. The second position in the ranking was held by Portugal ($X), with a 5.1% share of total exports. It was followed by Canada, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+7.8% per year) and Canada (-4.0% per year).

Export Prices by Country

The average sisal binder export price stood at $X per ton in 2022, increasing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 25%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($X per ton) and France ($X per ton), while the average price for exports to Portugal ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sisal Binder Imports

Imports into Brazil

For the fourth year in a row, Brazil recorded decline in purchases abroad of sisal binder or baler (agricultural) twines, which decreased by -99.7% to X kg in 2022. Overall, imports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2018 with an increase of 13,349%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, sisal binder imports fell significantly to $X in 2022. Over the period under review, imports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 8,704%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Spain (X kg) was the main supplier of sisal binder to Brazil, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of sisal binder or baler (agricultural) twines to Brazil.

From 2012 to 2022, the average annual growth rate of value from Spain stood at -5.2%.

Import Prices by Country

The average sisal binder import price stood at $X per ton in 2022, picking up by 896% against the previous year. Overall, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +154.8% per year.

Source: IndexBox Platform

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