Report Update: May 1, 2024

Bolivia - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Polystyrene Price in Bolivia - 2023

Polystyrene Price in Bolivia (CIF) - 2023

The average polystyrene import price stood at $1,823 per ton in October 2023, approximately reflecting the previous month. In general, the import price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in June 2023 when the average import price increased by 3.4% month-to-month. Over the period under review, average import prices attained the maximum at $2,536 per ton in October 2022; however, from November 2022 to October 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Mexico ($1,850 per ton) and Taiwan (Chinese) ($1,850 per ton), while the price for Brazil ($1,739 per ton) and China ($1,846 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-2.7%), while the prices for the other major suppliers experienced a decline.

Polystyrene Price in Bolivia (FOB) - 2022

In 2022, the average polystyrene export price amounted to $2,470 per ton, picking up by 15% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polystyrene export price increased by +31.1% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 22%. Over the period under review, the average export prices reached the maximum at $2,867 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($2,930 per ton), while the average price for exports to Brazil stood at $2,444 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-0.3%).

Polystyrene Imports in Bolivia

In 2022, approx. 15K tons of polystyrene were imported into Bolivia; with an increase of 9.3% on 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 31%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, polystyrene imports soared to $39M in 2022. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 94%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Polystyrene in Bolivia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	1.1	5.3	16.2	25.3	184.4%
Taiwan (Chinese)	1.2	0.8	3.6	8.4	91.3%
China	8.6	1.7	1.1	2.2	-36.5%
Argentina	0.8	0.6	1.6	2.1	37.9%
Mexico	11.0	5.3	4.1	0.3	-69.9%
Others	0.3	0.3	0.6	0.6	26.0%
Total	23.0	14.0	27.2	38.8	19.0%

Top Suppliers of Polystyrene to Bolivia in 2022:

Brazil (12.6K tons)
Taiwan (Chinese) (3.2K tons)
Argentina (1.0K tons)
China (0.8K tons)
Mexico (0.1K tons)

Polystyrene Exports in Bolivia

For the fourth consecutive year, Bolivia recorded growth in shipments abroad of polystyrene, which increased by 78% to 23 tons in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, polystyrene exports skyrocketed to $58K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polystyrene in Bolivia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	N/A	N/A	N/A	54.3	0%
Chile	0.1	0.2	2.0	1.8	162.1%
Peru	10.9	16.4	26.3	N/A	55.3%
Others	2.3	2.5	N/A	1.8	-7.8%
Total	13.3	19.1	28.3	57.9	63.3%

Top Export Markets for Polystyrene from Bolivia in 2022:

Brazil (22.2 tons)
Chile (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polystyrene market in Bolivia. 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
Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)

Country coverage:

Bolivia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bolivia
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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