MERCOSUR: Sisal Binder Market 2025

Sisal Binder Market Size in MERCOSUR

The MERCOSUR sisal binder market expanded significantly to $X in 2022, increasing by 6.2% against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +26.8% against 2019 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Sisal Binder Production in MERCOSUR

In value terms, sisal binder production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when the production volume increased by 20% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Sisal Binder Exports

Exports in MERCOSUR

In 2022, the amount of sisal binder or baler (agricultural) twines exported in MERCOSUR totaled X tons, leveling off at the year before. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sisal binder exports rose notably to $X in 2022. Over the period under review, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2015 with an increase of 18% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of sisal binder or baler (agricultural) twines, namely Brazil, represented more than two-thirds of total export.

Brazil was also the fastest-growing in terms of the sisal binder or baler (agricultural) twines exports, with a CAGR of -6.4% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest sisal binder supplier in MERCOSUR.

In Brazil, sisal binder exports shrank by an average annual rate of -5.2% over the period from 2012-2022.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, surging by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2014 when the export price increased by 25%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +1.3% per year.

Sisal Binder Imports

Imports in MERCOSUR

In 2022, purchases abroad of sisal binder or baler (agricultural) twines decreased by -33.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2016 with an increase of 71% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, sisal binder imports fell sharply to $X in 2022. In general, imports saw a slight downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 107% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Suriname (X tons), Chile (X tons), Peru (X tons) and Argentina (X tons) was the largest importer of sisal binder or baler (agricultural) twines in MERCOSUR, committing 86% of total import. It was distantly followed by Paraguay (X tons), mixing up a 9.5% share of total imports. The following importers - Colombia (X tons) and Ecuador (X tons) - each accounted for a 3.3% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Peru (with a CAGR of +8.6%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest sisal binder importing markets in MERCOSUR were Chile ($X), Peru ($X) and Suriname ($X), with a combined 69% share of total imports.

Among the main importing countries, Peru, with a CAGR of +10.7%, 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

In 2022, the import price in MERCOSUR amounted to $X per ton, increasing by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 when the import price increased by 37% against the previous year. The level of import peaked at $X per ton in 2016; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+9.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform