MERCOSUR: Market for Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) 2025

Market Size for Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) in MERCOSUR

After three years of decline, the MERCOSUR market for acrylic polymers, in primary forms (excluding polymethyl methacrylate) increased by 22% to $X in 2021. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) in MERCOSUR

In value terms, production of acrylic polymers, in primary forms (excluding polymethyl methacrylate) expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 26% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate)

Exports in MERCOSUR

In 2021, overseas shipments of acrylic polymers, in primary forms (excluding polymethyl methacrylate) were finally on the rise to reach X tons after three years of decline. Total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) surged to $X in 2021. Total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Brazil (X tons) represented the largest exporter of acrylic polymers, in primary forms (excluding polymethyl methacrylate), creating 55% of total exports. Uruguay (X tons) held the second position in the ranking, distantly followed by Colombia (X tons). All these countries together held approx. 38% share of total exports. The following exporters - Chile (X tons) and Argentina (X tons) - each recorded a 6% share of total exports.

Brazil was also the fastest-growing in terms of the acrylic polymers, in primary forms (excluding polymethyl methacrylate) exports, with a CAGR of +12.8% from 2012 to 2021. At the same time, Uruguay (+7.5%) and Colombia (+5.1%) displayed positive paces of growth. By contrast, Chile (-2.4%) and Argentina (-5.7%) illustrated a downward trend over the same period. While the share of Brazil (+19 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Colombia (-3.5 p.p.), Chile (-4.9 p.p.) and Argentina (-5.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest acrylic polymers, in primary forms (excluding polymethyl methacrylate) supplier in MERCOSUR, comprising 55% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 19% share of total exports. It was followed by Colombia, with a 17% share.

From 2012 to 2021, the average annual growth rate of value in Brazil totaled +10.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Uruguay (+6.0% per year) and Colombia (+3.6% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, with an increase of 14% against the previous year. In general, the export price, however, continues to indicate a noticeable shrinkage. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 Argentina ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (-1.3%), while the other leaders experienced a decline in the export price figures.

Imports of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate)

Imports in MERCOSUR

Imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) skyrocketed to X tons in 2021, increasing by 16% against the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) skyrocketed to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Brazil (X tons) and Argentina (X tons) represented roughly 58% of total imports in 2021. Chile (X tons) ranks next in terms of the total imports with a 13% share, followed by Colombia (12%) and Peru (8.6%). Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +6.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest acrylic polymers, in primary forms (excluding polymethyl methacrylate) importing markets in MERCOSUR were Brazil ($X), Argentina ($X) and Chile ($X), with a combined 72% share of total imports.

In terms of the main importing countries, Argentina, with a CAGR of +5.1%, saw 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

The import price in MERCOSUR stood at $X per ton in 2021, rising by 12% against the previous year. In general, the import price, however, saw a mild descent. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Brazil ($X per ton) and Colombia ($X per ton), while Ecuador ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform