MERCOSUR: Artificial Filament Tow Market 2024

Artificial Filament Tow Market Size in MERCOSUR

The MERCOSUR artificial filament tow market dropped to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a perceptible reduction. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Artificial Filament Tow Production in MERCOSUR

In value terms, artificial filament tow production totaled $X in 2022 estimated in export price. In general, production, however, recorded a slight decline. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Artificial Filament Tow Exports

Exports in MERCOSUR

In 2022, shipments abroad of artificial filament tow decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, exports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, artificial filament tow exports declined to $X in 2022. Over the period under review, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, reaching X tons, which was near X% of total exports in 2022. The following exporters - Chile (X tons) and Paraguay (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to artificial filament tow exports from Brazil stood at X%. At the same time, Paraguay (X%) and Chile (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Chile and Paraguay increased by X and X percentage points, respectively.

In value terms, Brazil ($X) remains the largest artificial filament tow supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Chile (X% per year) and Paraguay (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, showed a mild descent. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Paraguay ($X per ton) was 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 a decline in the export price figures.

Artificial Filament Tow Imports

Imports in MERCOSUR

In 2022, imports of artificial filament tow in MERCOSUR dropped dramatically to X tons, waning by X% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, artificial filament tow imports contracted to $X in 2022. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The countries with the highest levels of artificial filament tow imports in 2022 were Paraguay (X tons), Argentina (X tons) and Chile (X tons), together reaching X% of total import. It was distantly followed by Brazil (X tons), achieving a X% share of total imports. The following importers - Venezuela (X tons) and Uruguay (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest artificial filament tow importing markets in MERCOSUR were Paraguay ($X), Argentina ($X) and Chile ($X), with a combined X% share of total imports. Brazil, Venezuela and Uruguay lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Uruguay ($X per ton) and Brazil ($X per ton), while Venezuela ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform