MERCOSUR: Artificial Staple Fibre Market 2025

Artificial Staple Fibre Market Size in MERCOSUR

The MERCOSUR artificial staple fibre market fell rapidly to $X in 2021, reducing by -24.4% against the previous year. The total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +49.9% against 2017 indices. As a result, consumption attained the peak level of $X, and then contracted markedly in the following year.

Artificial Staple Fibre Production in MERCOSUR

In value terms, artificial staple fibre production fell remarkably to $X in 2021 estimated in export price. In general, production, however, saw a tangible increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 103%. As a result, production attained the peak level of $X, and then declined rapidly in the following year.

Artificial Staple Fibre Exports

Exports in MERCOSUR

In 2021, approx. X kg of artificial staple fibres were exported in MERCOSUR; waning by -7.8% against the previous year. Overall, exports showed a precipitous curtailment. The growth pace was the most rapid in 2016 with an increase of 84,563%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, artificial staple fibre exports fell to $X in 2021. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2016 with an increase of 29,040%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Brazil represented the major exporting country with an export of about X kg, which recorded 78% of total exports. It was distantly followed by Peru (X kg), mixing up a 22% share of total exports.

Exports from Brazil decreased at an average annual rate of -39.4% from 2012 to 2021. Peru (-2.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Peru increased by +22 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest artificial staple fibre supplier in MERCOSUR, comprising 72% of total exports. The second position in the ranking was taken by Peru ($X), with a 28% share of total exports.

In Brazil, artificial staple fibre exports plunged by an average annual rate of -29.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, falling by -3.3% against the previous year. In general, the export price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2013 an increase of 358% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Peru ($X per ton), while Brazil totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+16.6%).

Artificial Staple Fibre Imports

Imports in MERCOSUR

Artificial staple fibre imports surged to X tons in 2021, picking up by 117% compared with the previous year's figure. In general, imports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2019 when imports increased by 186% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, artificial staple fibre imports skyrocketed to $X in 2021. Overall, imports, however, saw a pronounced descent. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil represented the largest importer of artificial staple fibres in MERCOSUR, with the volume of imports amounting to X tons, which was near 46% of total imports in 2021. Chile (X tons) took the second position in the ranking, followed by Peru (X tons), Argentina (X tons) and Ecuador (X tons). All these countries together held near 47% share of total imports. The following importers - Venezuela (X tons) and Guyana (X tons) - each resulted at a 7.2% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to artificial staple fibre imports into Brazil stood at +33.6%. At the same time, Guyana (+63.8%), Chile (+15.8%), Argentina (+10.7%) and Peru (+6.8%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +63.8% from 2012-2021. By contrast, Ecuador (-13.4%) and Venezuela (-34.1%) illustrated a downward trend over the same period. Brazil (+44 p.p.), Chile (+19 p.p.), Peru (+9.9 p.p.), Argentina (+6.5 p.p.) and Guyana (+3.5 p.p.) significantly strengthened its position in terms of the total imports, while Ecuador and Venezuela saw its share reduced by -5.1% and -77.1% from 2012 to 2021, respectively.

In value terms, Brazil ($X), Peru ($X) and Chile ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 83% share of total imports. These countries were followed by Ecuador, Argentina, Guyana and Venezuela, which together accounted for a further 15%.

Guyana, with a CAGR of +63.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, which is down by -4% against the previous year. Import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, artificial staple fibre import price increased by +4.8% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the import price increased by 45%. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Peru ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+1.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform