Brazil - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Brazil - 2023
Contents:
- Polystyrene Price in Brazil (FOB) - 2023
- Polystyrene Price in Brazil (CIF) - 2023
- Polystyrene Exports in Brazil
- Polystyrene Imports in Brazil
Polystyrene Price in Brazil (FOB) - 2023
The average polystyrene export price stood at $1,398 per ton in September 2023, rising by 4.6% against the previous month. Overall, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 6.9% m-o-m. Over the period under review, the average export prices reached the maximum at $2,115 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In September 2023, the highest price was recorded for prices to Argentina ($1,835 per ton) and Bolivia ($1,624 per ton), while the average price for exports to South Africa ($1,264 per ton) and the Netherlands ($1,269 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.5%), while the prices for the other major destinations experienced a decline.
Polystyrene Price in Brazil (CIF) - 2023
In September 2023, the average polystyrene import price amounted to $1,386 per ton, almost unchanged from the previous month. Overall, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 1.7% m-o-m. Over the period under review, average import prices hit record highs at $2,133 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Malaysia ($1,845 per ton), while the price for Hong Kong SAR ($858 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+0.0%), while the prices for the other major suppliers experienced a decline.
Polystyrene Exports in Brazil
In 2022, overseas shipments of polystyrene decreased by -2.5% to 65K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 48%.
In value terms, polystyrene exports rose markedly to $128M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 138%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Polystyrene in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 1.1 | 0.9 | 14.5 | 23.9 | 179.0% |
| Dominican Republic | 4.5 | 7.4 | 17.5 | 14.8 | 48.7% |
| Argentina | 2.1 | 2.8 | 9.8 | 11.5 | 76.3% |
| South Africa | 4.7 | 5.9 | 20.2 | 11.0 | 32.8% |
| United States | 15.8 | 10.5 | 9.0 | 8.0 | -20.3% |
| Uruguay | 1.6 | 1.2 | 5.1 | 7.7 | 68.8% |
| Chile | 1.8 | 2.8 | 3.9 | 6.7 | 55.0% |
| Colombia | 1.2 | 2.2 | 5.7 | 6.5 | 75.6% |
| Mexico | N/A | 0.7 | 2.6 | 4.8 | 161.9% |
| Paraguay | 0.6 | 1.3 | 2.9 | 3.8 | 85.0% |
| Ecuador | 2.6 | 3.4 | 6.9 | 3.8 | 13.5% |
| El Salvador | 0.4 | 0.4 | 0.8 | 3.4 | 104.1% |
| Others | 4.0 | 8.2 | 14.9 | 22.5 | 77.8% |
| Total | 40.4 | 47.8 | 114 | 128 | 46.9% |
Top Export Markets for Polystyrene from Brazil in 2022:
- Bolivia (10.4K tons)
- Dominican Republic (8.0K tons)
- South Africa (6.4K tons)
- Argentina (5.0K tons)
- United States (4.1K tons)
- Colombia (3.7K tons)
- Uruguay (3.6K tons)
- Chile (3.2K tons)
- Mexico (2.1K tons)
- Ecuador (2.1K tons)
- Paraguay (2.0K tons)
- El Salvador (1.9K tons)
Polystyrene Imports in Brazil
In 2022, polystyrene imports into Brazil declined to 44K tons, with a decrease of -8.4% on 2021. Over the period under review, imports continue to indicate a drastic downturn. The smallest decline of -1.5% was in 2020.
In value terms, polystyrene imports amounted to $87M in 2022. In general, imports saw a pronounced curtailment.
| Import of Polystyrene in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 27.5 | 24.2 | 30.2 | 37.8 | 11.2% |
| Taiwan (Chinese) | 12.4 | 15.8 | 17.6 | 14.7 | 5.8% |
| China | 26.6 | 15.7 | 9.0 | 12.9 | -21.4% |
| Malaysia | N/A | N/A | N/A | 5.4 | 0% |
| South Korea | 8.8 | 6.0 | 5.3 | 3.4 | -27.2% |
| Hong Kong SAR | N/A | N/A | N/A | 2.8 | 0% |
| Iran | N/A | N/A | 2.0 | 1.9 | -5.0% |
| Mexico | 5.9 | 1.8 | 0.2 | N/A | -81.6% |
| Others | 12.9 | 12.0 | 16.1 | 8.2 | -14.0% |
| Total | 94.1 | 75.5 | 80.3 | 87.1 | -2.5% |
Top Suppliers of Polystyrene to Brazil in 2022:
- Colombia (18.9K tons)
- China (7.0K tons)
- Taiwan (Chinese) (6.7K tons)
- Malaysia (2.6K tons)
- Hong Kong SAR (2.1K tons)
- South Korea (1.7K tons)
- Iran (1.0K tons)
This report provides an in-depth analysis of the 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
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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:
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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