MERCOSUR: Expansible Polystyrene Market 2024

Expansible Polystyrene Market Size in MERCOSUR

The MERCOSUR expansible polystyrene market surged to $X in 2023, jumping by X% against the previous year. Over the period under review, consumption, however, continues to indicate a slight descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Expansible Polystyrene Production in MERCOSUR

In value terms, expansible polystyrene production surged to $X in 2023 estimated in export price. Overall, production, however, recorded a slight contraction. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Expansible Polystyrene Exports

Exports in MERCOSUR

In 2023, after three years of growth, there was significant decline in shipments abroad of expansible polystyrene in primary forms, when their volume decreased by X% to X tons. Overall, exports, however, saw a perceptible increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2022, and then contracted significantly in the following year.

In value terms, expansible polystyrene exports contracted notably to $X in 2023. Over the period under review, exports, however, showed modest growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked at $X in 2022, and then contracted significantly in the following year.

Exports by Country

In 2023, Brazil (X tons) represented the main exporter of expansible polystyrene in primary forms, committing X% of total exports. It was distantly followed by Chile (X tons), generating a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Brazil (with a CAGR of X%).

In value terms, the largest expansible polystyrene supplying countries in MERCOSUR were Brazil ($X) and Chile ($X).

Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per ton, dropping by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2022, and then contracted significantly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Chile amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%).

Expansible Polystyrene Imports

Imports in MERCOSUR

In 2023, purchases abroad of expansible polystyrene in primary forms increased by X% to X tons for the first time since 2019, thus ending a three-year declining trend. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, expansible polystyrene imports declined to $X in 2023. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Brazil represented the key importer of expansible polystyrene in primary forms in MERCOSUR, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. It was distantly followed by Chile (X tons), Colombia (X tons), Peru (X tons), Argentina (X tons) and Uruguay (X tons), together generating a X% share of total imports. Ecuador (X tons) followed a long way behind the leaders.

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

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

Among the main importing countries, Uruguay, with a CAGR of X%, saw 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 2023, the import price in MERCOSUR amounted to $X per ton, falling by X% against the previous year. In general, the import price recorded a slight reduction. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Argentina ($X per ton) and Colombia ($X per ton), while Brazil ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform