MERCOSUR: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in MERCOSUR

The MERCOSUR non-cellular polyvinyl chloride film market fell modestly to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then contracted in the following year.

Production of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in MERCOSUR

In value terms, non-cellular polyvinyl chloride film production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by 16%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports in MERCOSUR

In 2022, overseas shipments of non-cellular polyvinyl chloride films, sheets, foil and strip increased by 3.7% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports, however, continue to indicate a slight downturn. The growth pace was the most rapid in 2016 with an increase of 13% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, non-cellular polyvinyl chloride film exports skyrocketed to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil was the key exporting country with an export of about X tons, which recorded 42% of total exports. It was distantly followed by Colombia (X tons) and Uruguay (X tons), together mixing up a 51% share of total exports. The following exporters - Argentina (X tons) and Peru (X tons) - together made up 5.3% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Brazil (with a CAGR of +8.2%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest non-cellular polyvinyl chloride film supplying countries in MERCOSUR were Brazil ($X), Colombia ($X) and Uruguay ($X), with a combined 91% share of total exports.

Among the main exporting countries, Brazil, with a CAGR of +8.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, growing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 an increase of 17%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Argentina ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+6.3%), while the other leaders experienced more modest paces of growth.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports in MERCOSUR

In 2022, imports of non-cellular polyvinyl chloride films, sheets, foil and strip in MERCOSUR reached X tons, with an increase of 3.4% on the previous year. The total import volume increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, non-cellular polyvinyl chloride film imports soared to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 +57.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Brazil (X tons), distantly followed by Chile (X tons), Colombia (X tons), Argentina (X tons) and Peru (X tons) were the largest importers of non-cellular polyvinyl chloride films, sheets, foil and strip, together generating 87% of total imports. The following importers - Ecuador (X tons) and Venezuela (X tons) - each accounted for an 8.2% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +3.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular polyvinyl chloride film importing markets in MERCOSUR were Brazil ($X), Argentina ($X) and Chile ($X), together accounting for 67% of total imports.

Among the main importing countries, Argentina, with a CAGR of +3.7%, 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, rising by 12% against the previous year. Overall, the import price showed a slight increase. The most prominent rate of growth was recorded in 2021 when the import price increased by 17% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform