MERCOSUR: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in MERCOSUR

The MERCOSUR compound plasticisers market contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a perceptible reduction. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Compound Plasticisers Production in MERCOSUR

In value terms, compound plasticisers production declined modestly to $X in 2022 estimated in export price. In general, production continues to indicate a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Compound Plasticisers Exports

Exports in MERCOSUR

In 2022, approx. X tons of compound plasticisers for rubber or plastics were exported in MERCOSUR; picking up by X% against the previous year's figure. Total exports indicated noticeable growth 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 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, compound plasticisers exports skyrocketed to $X in 2022. Overall, exports posted a measured increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Argentina represented the major exporter of compound plasticisers for rubber or plastics in MERCOSUR, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Brazil (X tons) and Venezuela (X tons), together committing a X% share of total exports.

Argentina experienced a relatively flat trend pattern with regard to volume of exports of compound plasticisers for rubber or plastics. At the same time, Venezuela (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. While the share of Brazil (X p.p.) and Venezuela (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Argentina (X p.p.) displayed negative dynamics.

In value terms, Argentina ($X) remains the largest compound plasticisers supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

In Argentina, compound plasticisers exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Venezuela (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 recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was 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 mixed trends in the export price figures.

Compound Plasticisers Imports

Imports in MERCOSUR

In 2022, after two years of growth, there was significant decline in supplies from abroad of compound plasticisers for rubber or plastics, when their volume decreased by X% to X tons. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, compound plasticisers imports surged to $X in 2022. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Colombia represented the main importer of compound plasticisers for rubber or plastics in MERCOSUR, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Brazil (X tons), Uruguay (X tons), Ecuador (X tons) and Chile (X tons), together generating a X% share of total imports. The following importers - Peru (X tons) and Paraguay (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to compound plasticisers imports into Colombia stood at X%. At the same time, Paraguay (X%), Ecuador (X%), Brazil (X%), Uruguay (X%) and Chile (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Peru (X%) illustrated a downward trend over the same period. While the share of Ecuador (X p.p.), Colombia (X p.p.) and Paraguay (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (X p.p.), Chile (X p.p.), Uruguay (X p.p.) and Peru (X p.p.) displayed negative dynamics.

In value terms, the largest compound plasticisers importing markets in MERCOSUR were Colombia ($X), Brazil ($X) and Ecuador ($X), with a combined X% share of total imports.

In terms of the main importing countries, Ecuador, 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

The import price in MERCOSUR stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price recorded a slight increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform