Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil - 2024

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil (FOB) - 2024
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil (CIF) - 2022

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,782 per ton in 2022, growing by 12% against the previous year. Overall, the import price, however, saw a mild decrease. Over the period under review, average import prices attained the peak figure at $4,191 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,203 per ton), while the price for China ($2,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil (FOB) - 2024

The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,419 per ton in February 2024, with an increase of 14% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 31% m-o-m. Over the period under review, the average export prices hit record highs at $3,737 per ton in August 2023; however, from September 2023 to February 2024, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In February 2024, the country with the highest price was Mexico ($5,724 per ton), while the average price for exports to Uruguay ($1,618 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil

In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Brazil totaled 41K tons, almost unchanged from the previous year. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 6.9%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) totaled $155M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico29.129.834.639.110.3%
United States26.622.223.127.81.5%
China9.111.212.925.741.4%
Colombia8.913.015.016.522.8%
Germany14.013.815.014.10.2%
Argentina12.89.412.58.2-13.8%
United Kingdom3.14.04.94.513.2%
Italy2.72.82.63.25.8%
Others16.013.617.316.30.6%
Total1221201381558.3%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Brazil in 2022:

  1. Mexico (10.9K tons)
  2. China (9.3K tons)
  3. United States (6.9K tons)
  4. Colombia (4.2K tons)
  5. Germany (2.3K tons)
  6. Argentina (2.3K tons)
  7. Italy (1.1K tons)
  8. United Kingdom (0.9K tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil

In 2022, approx. 17K tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were exported from Brazil; increasing by 14% compared with the previous year's figure. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $57M in 2022. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina7.78.312.015.927.3%
United States2.51.93.58.952.7%
Colombia4.22.74.66.314.5%
Chile3.02.63.35.018.6%
Peru3.52.84.04.26.3%
Bolivia3.11.22.53.32.1%
Paraguay2.42.32.43.07.7%
Uruguay1.11.11.31.510.9%
Others5.74.66.28.715.1%
Total33.227.539.856.719.5%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Brazil in 2022:

  1. Argentina (6.2K tons)
  2. United States (2.4K tons)
  3. Colombia (1.8K tons)
  4. Peru (1.2K tons)
  5. Bolivia (1.1K tons)
  6. Chile (1.0K tons)
  7. Paraguay (0.8K tons)
  8. Uruguay (0.6K tons)

Source: IndexBox Market Intelligence Platform

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