Latin America and the Caribbean: Acrylic Polymer Market 2025

Acrylic Polymer Market Size in Latin America and the Caribbean

The Latin American acrylic polymer market rose modestly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Acrylic Polymer Production in Latin America and the Caribbean

In value terms, acrylic polymer production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Acrylic Polymer Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of acrylic polymers (in primary forms) increased by X% to X tons, rising for the third consecutive year after two years of decline. Total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, acrylic polymer exports skyrocketed to $X in 2022. Over the period under review, exports posted strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, Brazil (X tons) and Mexico (X tons) represented the major exporters of acrylic polymers (in primary forms) in Latin America and the Caribbean, together comprising X% of total exports. Uruguay (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (X%). Chile (X tons) followed a long way behind the leaders.

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

In value terms, Mexico ($X), Brazil ($X) and Uruguay ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The export price in Latin America and the Caribbean stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Mexico ($X per ton) and Colombia ($X per ton), while Uruguay ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced more modest paces of growth.

Acrylic Polymer Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of acrylic polymers (in primary forms) increased by X% to X tons, rising for the sixth consecutive year after two years of decline. The total import volume increased at an average annual rate of X% 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 2019 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, acrylic polymer imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period 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 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Mexico (X tons), distantly followed by Brazil (X tons), Argentina (X tons), Chile (X tons), Colombia (X tons) and Peru (X tons) represented the major importers of acrylic polymers (in primary forms), together generating X% of total imports. Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Brazil ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Argentina, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2015; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Mexico ($X per ton) and Peru ($X per ton), while Argentina ($X per ton) and Ecuador ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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