Latin America and the Caribbean: Polyethilene Bag Market 2020

Polyethilene Bag Market Size in Latin America and the Caribbean

The revenue of the polyethilene bag market in Latin America and the Caribbean amounted to $X in 2017, increasing by X% against the previous year. The polyethilene bag consumption continues to indicate a prominent increase. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the polyethilene bag market attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Polyethilene Bag Production in Latin America and the Caribbean

In 2017, the amount of sacks and bags of polyethylene or polypropylene strip produced in Latin America and the Caribbean stood at X tons, surging by X% against the previous year. The polyethilene bag production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% year-to-year. The volume of polyethilene bag production peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Polyethilene Bag Exports in Latin America and the Caribbean

The exports amounted to X tons in 2017, leveling off at the previous year. The polyethilene bag exports continue to indicate a slight slump. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. The volume of exports peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, polyethilene bag exports stood at $X in 2017. The polyethilene bag exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Polyethilene Bag Exports by Country in Latin America and the Caribbean

Mexico represented the key exporter of sacks and bags of polyethylene or polypropylene strip in Latin America and the Caribbean, with the volume of exports finishing at X tons, which was near X% of total exports in 2017. Ecuador (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Guatemala (X%) and Peru (X%). The following exporters - Brazil (X tons), El Salvador (X tons) and Nicaragua (X tons) together made up X% of total exports.

Exports from Mexico decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Nicaragua (+X%), El Salvador (+X%), Ecuador (+X%) and Guatemala (+X%) displayed positive paces of growth. Moreover, Nicaragua emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Peru experienced a relatively flat trend pattern. By contrast, Brazil (-X%) illustrated a downward trend over the same period. While the share of Mexico (X%) and Brazil (X%) increased significantly in terms of the global exports from 2007-2017, the share of Nicaragua (-X%), El Salvador (-X%) and Ecuador (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest polyethilene bag supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of global exports. It was followed by Guatemala, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Ecuador (+X% per year) and Guatemala (+X% per year).

Polyethilene Bag Export Prices by Country in Latin America and the Caribbean

The polyethilene bag export price in Latin America and the Caribbean stood at $X per ton in 2017, remaining relatively unchanged against the previous year. The polyethilene bag export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% year-to-year. Over the period under review, the export prices for sacks and bags of polyethylene or polypropylene strip attained its maximum level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per ton), while Nicaragua ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

Polyethilene Bag Imports in Latin America and the Caribbean

The imports stood at X tons in 2017, jumping by X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the polyethilene bag imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, polyethilene bag imports totaled $X in 2017. The polyethilene bag imports continue to indicate a prominent expansion. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Polyethilene Bag Imports by Country in Latin America and the Caribbean

In 2017, Colombia (X tons), Chile (X tons), Mexico (X tons) and Venezuela (X tons) represented the largest importers of sacks and bags of polyethylene or polypropylene strip in Latin America and the Caribbean, comprising X% of total import. Costa Rica (X tons), Uruguay (X tons), Guatemala (X tons), Peru (X tons), Panama (X tons), Brazil (X tons), Honduras (X tons) and the Dominican Republic (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Panama (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Chile ($X) and Mexico ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Venezuela, Costa Rica, Uruguay, Brazil, Peru, Guatemala, Honduras, the Dominican Republic and Panama, which together accounted for a further X%.

Panama (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Polyethilene Bag Import Prices by Country in Latin America and the Caribbean

The polyethilene bag import price in Latin America and the Caribbean stood at $X per ton in 2017, approximately mirroring the previous year. The polyethilene bag import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. Over the period under review, the import prices for sacks and bags of polyethylene or polypropylene strip attained its maximum level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X per ton), while Panama ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform