Latin America and the Caribbean: Market for Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2025

Market Size for Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Latin America and the Caribbean

In 2022, the Latin American market for cellular plates, sheets, film, foil and strip of plastics was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. The market 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 level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Latin America and the Caribbean

In value terms, production of cellular plates, sheets, film, foil and strip of plastics stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% 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 2015 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports in Latin America and the Caribbean

After two years of growth, shipments abroad of cellular plates, sheets, film, foil and strip of plastics decreased by X% to X tons in 2022. Total exports indicated a notable expansion 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 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then reduced modestly in the following year.

In value terms, exports of cellular plates, sheets, film, foil and strip of plastics stood at $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value 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 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Mexico was the main exporter of cellular plates, sheets, film, foil and strip of plastics in Latin America and the Caribbean, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Costa Rica (X tons), Colombia (X tons) and Brazil (X tons), together comprising a X% share of total exports. The following exporters - Guatemala (X tons), Chile (X tons) and the Dominican Republic (X tons) - each recorded an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cellular plates, sheets, film, foil and strip of plastics exports from Mexico stood at X%. At the same time, Guatemala (X%), Costa Rica (X%), Brazil (X%) and the Dominican Republic (X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Colombia and Chile experienced a relatively flat trend pattern. From 2012 to 2022, the share of Mexico, Costa Rica and Guatemala increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest cellular plates, sheets, film, foil and strip of plastics supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Costa Rica ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mexico totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Costa Rica (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while Guatemala ($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 Dominican Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports in Latin America and the Caribbean

In 2022, approx. X tons of cellular plates, sheets, film, foil and strip of plastics were imported in Latin America and the Caribbean; surging by X% compared with 2021 figures. Total imports indicated a buoyant expansion 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, imports of cellular plates, sheets, film, foil and strip of plastics soared 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 growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Mexico dominates plastics structure, accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Colombia (X tons) and Brazil (X tons), together making up a X% share of total imports. The following importers - Peru (X tons), Costa Rica (X tons), Argentina (X tons), Ecuador (X tons), the Dominican Republic (X tons) and Chile (X tons) - together made up X% of total imports.

Imports into Mexico increased at an average annual rate of X% from 2012 to 2022. At the same time, Costa Rica (X%), the Dominican Republic (X%), Ecuador (X%), Colombia (X%), Chile (X%), Peru (X%), Brazil (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. While the share of Colombia (X p.p.) and Costa Rica (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mexico (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported cellular plates, sheets, film, foil and strip of plastics in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

In Mexico, imports of cellular plates, sheets, film, foil and strip of plastics expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, remaining constant against the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Dominican Republic ($X per ton), while Colombia ($X per ton) was 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 a decline in the import price figures.

Source: IndexBox Platform