MERCOSUR: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in MERCOSUR

In 2021, the MERCOSUR plastic household ware market increased by 2.9% to $X, rising for the sixth consecutive year after two years of decline. The market value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the near future.

Plastic Household Ware Production in MERCOSUR

In value terms, plastic household ware production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 10% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank modestly in the following year.

Plastic Household Ware Exports

Exports in MERCOSUR

In 2021, overseas shipments of plastics household articles and toilet articles were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat 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, plastic household ware exports skyrocketed to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Peru (X tons) and Brazil (X tons) represented roughly 67% of total exports in 2021. Colombia (X tons) held a 19% share (based on physical terms) of total exports, which put it in second place, followed by Ecuador (8.8%). Paraguay (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +25.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Peru ($X) and Colombia ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 85% share of total exports. These countries were followed by Ecuador and Paraguay, which together accounted for a further 7.4%.

In terms of the main exporting countries, Paraguay, with a CAGR of +24.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, rising by 13% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Brazil ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+2.3%), while the other leaders experienced a decline in the export price figures.

Plastic Household Ware Imports

Imports in MERCOSUR

In 2021, purchases abroad of plastics household articles and toilet articles was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware imports soared to $X in 2021. The total import value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Chile was the main importer of plastics household articles and toilet articles in MERCOSUR, with the volume of imports recording X tons, which was near 38% of total imports in 2021. It was distantly followed by Brazil (X tons), Colombia (X tons), Peru (X tons), Venezuela (X tons) and Ecuador (X tons), together achieving a 50% share of total imports. Argentina (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Chile (with a CAGR of +15.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Brazil ($X) and Colombia ($X) were the countries with the highest levels of imports in 2021, together accounting for 66% of total imports.

Among the main importing countries, Chile, with a CAGR of +8.7%, recorded the highest rates of growth with regard to 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

In 2021, the import price in MERCOSUR amounted to $X per ton, surging by 7.9% against the previous year. Overall, the import price, however, continues to indicate a slight curtailment. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform