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Report Latin America and the Caribbean - Carboys, Bottles and Similar Articles of Plastics - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Latin America and the Caribbean - Carboys, Bottles and Similar Articles of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Plastic Bottle Market 2024

Plastic Bottle Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of carboys, bottles and similar articles of plastics decreased by -6.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 111%. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, plastic bottle exports expanded markedly to $X in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 124% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Uruguay was the major exporting country with an export of about X tons, which amounted to 54% of total exports. Paraguay (X tons) held the second position in the ranking, followed by Guatemala (X tons). All these countries together held near 33% share of total exports. The following exporters - Argentina (X tons), Ecuador (X tons) and Brazil (X tons) - together made up 10% of total exports.

Exports from Uruguay increased at an average annual rate of +2.5% from 2020 to 2022. At the same time, Guatemala (+14.5%), Brazil (+13.3%) and Ecuador (+5.9%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +14.5% from 2020-2022. By contrast, Argentina (-2.3%) and Paraguay (-22.4%) illustrated a downward trend over the same period. Uruguay (+54 p.p.) significantly strengthened its position in terms of the total exports, while Ecuador, Argentina, Guatemala and Paraguay saw its share reduced by -2.8%, -4.6%, -7.8% and -39.1% from 2020 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uruguay ($X) remains the largest plastic bottle supplier in Latin America and the Caribbean, comprising 49% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 19% share of total exports. It was followed by Paraguay, with a 15% share.

In Uruguay, plastic bottle exports expanded at an average annual rate of +22.2% over the period from 2020-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Guatemala (+25.7% per year) and Paraguay (-7.3% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, jumping by 20% against the previous year. Over the last two-year period, it increased at an average annual rate of +13.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+20.9%), while the other leaders experienced more modest paces of growth.

Plastic Bottle Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of carboys, bottles and similar articles of plastics were imported in Latin America and the Caribbean; picking up by 101% compared with 2021. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic bottle imports surged to $X in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil represented the key importer of carboys, bottles and similar articles of plastics in Latin America and the Caribbean, with the volume of imports reaching X tons, which was approx. 48% of total imports in 2022. It was distantly followed by Chile (X tons) and Guatemala (X tons), together committing a 41% share of total imports. Argentina (X tons) and Guyana (X tons) followed a long way behind the leaders.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Brazil (with a CAGR of +12.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported carboys, bottles and similar articles of plastics in Latin America and the Caribbean, comprising 50% of total imports. The second position in the ranking was held by Guatemala ($X), with a 20% share of total imports. It was followed by Chile, with a 12% share.

From 2020 to 2022, the average annual rate of growth in terms of value in Brazil amounted to +34.9%. The remaining importing countries recorded the following average annual rates of imports growth: Guatemala (0.0% per year) and Chile (0.0% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, jumping by 17% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +16.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+19.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Brazil, Mexico and Argentina, with a combined 53% share of total consumption. Uruguay, Colombia, Venezuela, Peru, Chile, Ecuador, Bolivia, Guatemala and Cuba lagged somewhat behind, together comprising a further 36%.
The countries with the highest volumes of in 2021 were Mexico, Brazil and Uruguay, together comprising 53% of total production.
In value terms, Mexico, El Salvador and Uruguay constituted the countries with the highest levels of exports in 2021, together comprising 56% of total exports. These countries were followed by Paraguay, Guatemala, the Dominican Republic and Peru, which together accounted for a further 26%.
In value terms, Brazil constitutes the largest market for imported carboys, bottles and similar articles of plastics in Latin America and the Caribbean, comprising 26% of total imports. The second position in the ranking was occupied by Mexico, with an 11% share of total imports. It was followed by Guatemala, with a 5.8% share.
In 2021, the export price in Latin America and the Caribbean amounted to $2,073 per ton, falling by -10.7% against the previous year.
In 2021, the import price in Latin America and the Caribbean amounted to $2,332 per ton, waning by -2.7% against the previous year.

This report provides an in-depth analysis of the plastic bottle market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 22221450 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity . 2 litres
  • Prodcom 22221470 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity > 2 litres

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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