Brazil - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in Brazil - 2023
Contents:
- Price for Polystyrene in Primary Forms in Brazil (FOB) - 2023
- Price for Polystyrene in Primary Forms in Brazil (CIF) - 2023
- Exports of Polystyrene in Primary Forms in Brazil
- Imports of Polystyrene in Primary Forms in Brazil
Price for Polystyrene in Primary Forms in Brazil (FOB) - 2023
In July 2023, the average polystyrene in primary forms export price amounted to $1,329 per ton, dropping by -2.5% against the previous month. In general, the export price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in March 2023 an increase of 4.9% m-o-m. Over the period under review, the average export prices attained the maximum at $2,109 per ton in August 2022; however, from September 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were Colombia ($1,721 per ton) and Paraguay ($1,563 per ton), while the average price for exports to Chile ($1,252 per ton) and Uruguay ($1,256 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.0%), while the prices for the other major destinations experienced a decline.
Price for Polystyrene in Primary Forms in Brazil (CIF) - 2023
In July 2023, the average polystyrene in primary forms import price amounted to $1,584 per ton, with a decrease of -4.1% against the previous month. Overall, the import price saw a noticeable descent. The growth pace was the most rapid in November 2022 when the average import price increased by 6.5% against the previous month. The import price peaked at $2,414 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($3,760 per ton), while the price for Colombia ($1,423 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 Belgium (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Polystyrene in Primary Forms in Brazil
In 2022, shipments abroad of polystyrene in primary forms (excluding expansible polystyrene) decreased by -9.7% to 47K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 44% against the previous year.
In value terms, polystyrene in primary forms exports expanded modestly to $85M in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Polystyrene in Primary Forms in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 4.5 | 7.4 | 17.5 | 14.8 | 48.7% |
| South Africa | 4.7 | 5.9 | 20.2 | 11.0 | 32.8% |
| Colombia | 1.2 | 2.2 | 5.7 | 6.5 | 75.6% |
| United States | 15.8 | 10.5 | 9.0 | 5.9 | -28.0% |
| Mexico | N/A | 0.7 | 2.5 | 4.8 | 161.9% |
| Ecuador | 2.6 | 3.4 | 6.9 | 3.8 | 13.5% |
| Bolivia | 0.8 | 0.9 | 1.6 | 3.4 | 62.0% |
| El Salvador | 0.4 | 0.4 | 0.8 | 3.4 | 104.1% |
| Paraguay | 0.3 | 0.7 | 1.6 | 2.9 | 113.0% |
| Uruguay | 1.4 | 0.8 | 1.5 | 2.5 | 21.3% |
| Italy | N/A | 0.3 | 1.9 | 2.4 | 182.8% |
| Chile | 1.6 | 2.2 | 0.7 | 2.3 | 12.9% |
| Nigeria | N/A | N/A | 1.1 | 2.1 | 90.9% |
| Others | 5.7 | 8.7 | 11.8 | 18.9 | 49.1% |
| Total | 39.0 | 44.2 | 82.9 | 84.5 | 29.4% |
Top Export Markets for Polystyrene in Primary Forms from Brazil in 2022:
- Dominican Republic (8.0K tons)
- South Africa (6.4K tons)
- Colombia (3.7K tons)
- United States (3.2K tons)
- Mexico (2.1K tons)
- Ecuador (2.1K tons)
- El Salvador (1.9K tons)
- Bolivia (1.8K tons)
- Paraguay (1.6K tons)
- Italy (1.4K tons)
- Uruguay (1.4K tons)
- Chile (1.3K tons)
- Nigeria (1.2K tons)
Imports of Polystyrene in Primary Forms in Brazil
In 2022, imports of polystyrene in primary forms (excluding expansible polystyrene) into Brazil surged to 25K tons, increasing by 16% against 2021. In general, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, polystyrene in primary forms imports skyrocketed to $51M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Polystyrene in Primary Forms in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 27.5 | 24.2 | 30.2 | 37.8 | 11.2% |
| Malaysia | N/A | N/A | N/A | 5.4 | 0% |
| South Korea | 3.5 | 3.1 | 5.1 | 2.7 | -8.3% |
| Belgium | 1.9 | 0.7 | 1.5 | 1.5 | -7.6% |
| China | 0.3 | N/A | 0.1 | 0.9 | 44.2% |
| Thailand | N/A | N/A | N/A | 0.9 | 0% |
| Others | 5.7 | 3.4 | 2.2 | 2.2 | -27.2% |
| Total | 38.9 | 31.5 | 39.2 | 51.4 | 9.7% |
Top Suppliers of Polystyrene in Primary Forms to Brazil in 2022:
- Colombia (18.9K tons)
- Malaysia (2.6K tons)
- South Korea (1.4K tons)
- Belgium (0.6K tons)
- China (0.5K tons)
- Thailand (0.5K tons)
This report provides an in-depth analysis of the market for polystyrene in primary forms 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 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
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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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