Brazil - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Brazil - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Expansible Polystyrene Price in Brazil - 2023

Contents:

  1. Expansible Polystyrene Price in Brazil (CIF) - 2023
  2. Expansible Polystyrene Price in Brazil (FOB) - 2023
  3. Expansible Polystyrene Imports in Brazil
  4. Expansible Polystyrene Exports in Brazil

Expansible Polystyrene Price in Brazil (CIF) - 2023

The average expansible polystyrene import price stood at $1,498 per ton in July 2023, with an increase of 2.6% against the previous month. Overall, the import price, however, saw a pronounced contraction. The growth pace was the most rapid in September 2022 an increase of 8.1% m-o-m. As a result, import price attained the peak level of $2,143 per ton. From October 2022 to July 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2,131 per ton), while the price for Hong Kong SAR ($934 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (+0.1%), while the prices for the other major suppliers experienced a decline.

Expansible Polystyrene Price in Brazil (FOB) - 2023

The average expansible polystyrene export price stood at $1,722 per ton in July 2023, almost unchanged from the previous month. In general, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 5.5% m-o-m. Over the period under review, the average export prices hit record highs at $2,553 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In July 2023, the country with the highest price was Argentina ($1,745 per ton), while the average price for exports to Bolivia ($1,648 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-3.2%), while the prices for the other major destinations experienced a decline.

Expansible Polystyrene Imports in Brazil

For the third consecutive year, Brazil recorded decline in supplies from abroad of expansible polystyrene in primary forms, which decreased by -29.2% to 18K tons in 2022. In general, imports recorded a precipitous slump. The smallest decline of -3.1% was in 2020.

In value terms, expansible polystyrene imports fell to $36M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The smallest decline of -6.6% was in 2021.

Import of Expansible Polystyrene in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)11.715.417.414.57.4%
China26.315.78.912.0-23.0%
Hong Kong SARN/AN/AN/A2.80%
IranN/AN/A2.01.9-5.0%
Turkey0.44.05.91.865.1%
South Korea5.42.90.20.7-49.4%
Mexico5.91.80.1N/A-87.0%
Others5.64.36.82.1-27.9%
Total55.244.041.235.7-13.5%

Top Suppliers of Expansible Polystyrene to Brazil in 2022:

  1. Taiwan (Chinese) (6.6K tons)
  2. China (6.5K tons)
  3. Hong Kong SAR (2.1K tons)
  4. Iran (1.0K tons)
  5. Turkey (0.9K tons)
  6. South Korea (0.4K tons)

Expansible Polystyrene Exports in Brazil

In 2022, approx. 18K tons of expansible polystyrene in primary forms were exported from Brazil; with an increase of 23% on 2021 figures. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 461%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, expansible polystyrene exports soared to $44M in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 779%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Expansible Polystyrene in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia0.3N/A12.920.5308.8%
Argentina0.42.09.39.7189.4%
Uruguay0.20.43.65.2196.2%
Chile0.20.53.24.3178.1%
United StatesN/AN/AN/A2.10%
Paraguay0.30.61.30.944.2%
ItalyN/AN/AN/A0.80%
OthersN/AN/A0.70.2-71.4%
Total1.43.531.043.8215.1%

Top Export Markets for Expansible Polystyrene from Brazil in 2022:

  1. Bolivia (8.6K tons)
  2. Argentina (4.0K tons)
  3. Uruguay (2.2K tons)
  4. Chile (1.9K tons)
  5. United States (0.8K tons)
  6. Italy (0.4K tons)
  7. Paraguay (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the expansible polystyrene market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20162035 - Expansible polystyrene, in primary forms

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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