Latin America and the Caribbean: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Latin America and the Caribbean

The Latin American market for pure polyvinyl chloride in primary forms contracted slightly to $X in 2023, shrinking by X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Production of Pure Polyvinyl Chloride in Primary Forms in Latin America and the Caribbean

In value terms, production of pure polyvinyl chloride in primary forms amounted to $X in 2023 estimated in export price. Overall, production saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in Latin America and the Caribbean

In 2023, the amount of pure polyvinyl chloride in primary forms exported in Latin America and the Caribbean reduced to X tons, dropping by X% on 2022 figures. Overall, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, exports of pure polyvinyl chloride in primary forms shrank to $X in 2023. In general, exports showed a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Colombia was the major exporter of pure polyvinyl chloride in primary forms in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. It was distantly followed by Argentina (X tons), Mexico (X tons) and Brazil (X tons), together making up a X% share of total exports.

Exports from Colombia increased at an average annual rate of X% from 2012 to 2023. At the same time, Brazil (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. By contrast, Argentina (X%) and Mexico (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Colombia and Brazil increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) remains the largest pure polyvinyl chloride in primary forms supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

In Colombia, exports of pure polyvinyl chloride in primary forms expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Mexico (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2023, growing by X% against the previous year. Export price indicated a moderate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for pure polyvinyl chloride in primary forms decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in Latin America and the Caribbean

Imports of pure polyvinyl chloride in primary forms declined to X tons in 2023, waning by X% against 2022 figures. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of pure polyvinyl chloride in primary forms fell notably to $X in 2023. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

In 2023, Brazil (X tons) and Mexico (X tons) were the largest importers of pure polyvinyl chloride in primary forms in Latin America and the Caribbean, together mixing up X% of total imports. Peru (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (X%), Guatemala (X%), Ecuador (X%) and Chile (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Peru ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Colombia, Ecuador, Guatemala and Chile lagged somewhat behind, together accounting for a further X%.

Colombia, with a CAGR of X%, saw 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 2023, the import price in Latin America and the Caribbean amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2022 to 2023, the import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform