Price for Poly(Lactic Acid); in Primary Forms in Brazil - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Brazil (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Brazil (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Brazil
  4. Exports of Poly(Lactic Acid); in Primary Forms in Brazil

Price for Poly(Lactic Acid); in Primary Forms in Brazil (CIF) - 2022

In 2022, the average import price for poly(lactic acid); in primary formses amounted to $3,537 per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20% against the previous year. The import price peaked at $4,730 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,305 per ton), while the price for the United States ($3,408 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poly(Lactic Acid); in Primary Forms in Brazil (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $4,536 per ton in 2022, declining by -19% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 283%. Over the period under review, the average export prices hit record highs at $13,376 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16,987 per ton), while the average price for exports to Italy ($2,862 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+87.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Poly(Lactic Acid); in Primary Forms in Brazil

In 2022, approx. 958 tons of poly(lactic acid); in primary formses were imported into Brazil; rising by 175% compared with the previous year's figure. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, poly(lactic acid); in primary forms imports soared to $3.4M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Poly(Lactic Acid); in Primary Forms in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand12.9N/AN/A2,553482.8%
United States19675461555041.0%
Netherlands68.467.065.420043.0%
China16.813.447.961.454.0%
Japan186N/AN/AN/A0%
Others10.47.649525.935.5%
Total4918421,2233,39090.4%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Brazil in 2022:

  1. Thailand (723.5 tons)
  2. United States (161.3 tons)
  3. Netherlands (56.3 tons)
  4. China (13.0 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Brazil

In 2022, approx. 185 tons of poly(lactic acid); in primary formses were exported from Brazil; growing by 6,170% against the year before. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, poly(lactic acid); in primary forms exports soared to $840K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Poly(Lactic Acid); in Primary Forms in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.21.03.43071053.5%
Argentina1.3N/AN/A189425.8%
SpainN/AN/A0.911112233.3%
United States2.612.14.8106244.2%
ItalyN/AN/AN/A71.80%
UruguayN/AN/AN/A46.80%
Others0.52.97.48.9161.1%
Total4.616.016.5840467.3%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Brazil in 2022:

  1. Mexico (61.2 tons)
  2. Argentina (49.1 tons)
  3. Spain (28.8 tons)
  4. Italy (25.1 tons)
  5. Uruguay (12.3 tons)
  6. United States (6.2 tons)

Source: IndexBox Market Intelligence Platform

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