Latin America and the Caribbean: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2025

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Latin America and the Caribbean

The Latin American market for non-plasticised mixed polyvinyl chloride in primary forms contracted slightly to $X in 2022, shrinking by -2.6% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Latin America and the Caribbean

In value terms, production of non-plasticised mixed polyvinyl chloride in primary forms dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by 27%. Over the period under review, production of attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports in Latin America and the Caribbean

In 2022, the amount of non-plasticised mixed polyvinyl chloride in primary forms exported in Latin America and the Caribbean contracted sharply to X tons, waning by -17% compared with 2021 figures. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 63% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms reduced rapidly to $X in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the four major exporters of non-plasticised mixed polyvinyl chloride in primary forms, namely Brazil, Colombia, Costa Rica and the Dominican Republic, represented more than two-thirds of total export. Guatemala (X tons) took the next position in the ranking, followed by Mexico (X tons). All these countries together held approx. 11% share of total exports. Uruguay (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +8.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Colombia ($X) and the Dominican Republic ($X) were the countries with the highest levels of exports in 2022, together accounting for 58% of total exports.

Brazil, with a CAGR of +8.8%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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, almost unchanged from the previous year. Export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-plasticised mixed polyvinyl chloride in primary forms increased by +46.4% against 2020 indices. The growth pace was the most rapid in 2021 when the export price increased by 46%. Over the period under review, the export prices hit record highs in 2022 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 Mexico ($X per ton), while Brazil ($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 (+5.6%), while the other leaders experienced more modest paces of growth.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports in Latin America and the Caribbean

After two years of growth, purchases abroad of non-plasticised mixed polyvinyl chloride in primary forms decreased by -22.3% to X tons in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 23% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms dropped to $X in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Mexico (X tons) was the largest importer of non-plasticised mixed polyvinyl chloride in primary forms, mixing up 40% of total imports. Haiti (X tons) took the second position in the ranking, followed by Argentina (X tons), Cuba (X tons), Trinidad and Tobago (X tons) and Guatemala (X tons). All these countries together took approx. 31% share of total imports. Colombia (X tons), Ecuador (X tons), Chile (X tons), Peru (X tons), Bolivia (X tons) and Paraguay (X tons) followed a long way behind the leaders.

Imports into Mexico decreased at an average annual rate of -4.2% from 2012 to 2022. At the same time, Trinidad and Tobago (+22.7%), Haiti (+12.0%), Guatemala (+4.4%) and Bolivia (+4.3%) displayed positive paces of growth. Moreover, Trinidad and Tobago emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +22.7% from 2012-2022. Argentina, Ecuador, Cuba and Paraguay experienced a relatively flat trend pattern. By contrast, Peru (-6.8%), Chile (-7.0%) and Colombia (-22.9%) illustrated a downward trend over the same period. Mexico (+13 p.p.), Haiti (+7.5 p.p.), Argentina (+4.6 p.p.), Trinidad and Tobago (+4.4 p.p.), Guatemala (+3.3 p.p.), Cuba (+2.8 p.p.), Ecuador (+2.3 p.p.) and Bolivia (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Colombia saw its share reduced by -20.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported non-plasticised mixed polyvinyl chloride in primary forms in Latin America and the Caribbean, comprising 51% of total imports. The second position in the ranking was held by Argentina ($X), with a 6.9% share of total imports. It was followed by Haiti, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value in Mexico amounted to -2.7%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+1.7% per year) and Haiti (+14.2% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, with an increase of 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while Haiti ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+7.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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