MERCOSUR: Acrylic Polymer Market 2024

Acrylic Polymer Market Size in MERCOSUR

The MERCOSUR acrylic polymer market reached $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Acrylic Polymer Production in MERCOSUR

In value terms, acrylic polymer production fell 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; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Acrylic Polymer Exports

Exports in MERCOSUR

In 2022, shipments abroad of acrylic polymers (in primary forms) increased by X% to X tons, rising for the second consecutive year after three years of decline. Total exports 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, acrylic polymer exports skyrocketed to $X in 2022. Over the period under review, exports posted a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Brazil represented the main exporter of acrylic polymers (in primary forms) in MERCOSUR, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. Uruguay (X tons) ranks second in terms of the total exports with a X% share, followed by Colombia (X%) and Chile (X%). Argentina (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the acrylic polymers (in primary forms) exports, with a CAGR of X% from 2012 to 2022. At the same time, Uruguay (X%), Colombia (X%) and Chile (X%) displayed positive paces of growth. By contrast, Argentina (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Chile, Colombia, Uruguay and Argentina saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, Brazil ($X) remains the largest acrylic polymer supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($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 Brazil totaled X%. In the other countries, the average annual rates were as follows: Uruguay (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached 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 Argentina ($X per ton) and Colombia ($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 Uruguay (X%), while the other leaders experienced more modest paces of growth.

Acrylic Polymer Imports

Imports in MERCOSUR

For the fourth consecutive year, MERCOSUR recorded growth in overseas purchases of acrylic polymers (in primary forms), which increased by X% to X tons in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, acrylic polymer imports soared to $X in 2022. Total imports indicated a slight 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons) and Argentina (X tons) were the major importers of acrylic polymers (in primary forms) in 2022, finishing at near X% and X% of total imports, respectively. It was distantly followed by Chile (X tons), Colombia (X tons) and Peru (X tons), together creating a X% share of total imports. Ecuador (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Argentina (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acrylic polymer importing markets in MERCOSUR were Brazil ($X), Argentina ($X) and Chile ($X), together comprising X% of total imports.

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

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Peru ($X per ton) and Brazil ($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