Argentina: Plastic Bag Market 2024

Plastic Bag Market Size in Argentina

The Argentinian plastic bag market totaled $X in 2022, approximately equating the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Plastic Bag Production in Argentina

In value terms, plastic bag production totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Plastic Bag Exports

Exports from Argentina

In 2022, overseas shipments of plastic sacks and bags increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, plastic bag exports soared to $X in 2022. Overall, exports, however, saw a pronounced decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X tons), Uruguay (X tons) and Chile (X tons) were the main destinations of plastic bag exports from Argentina, with a combined X% share of total exports. Brazil, Bolivia, Peru and Colombia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Paraguay ($X), Uruguay ($X) and Brazil ($X) appeared to be the largest markets for plastic bag exported from Argentina worldwide, with a combined X% share of total exports. Chile, Bolivia, Colombia and Peru lagged somewhat behind, together accounting for a further X%.

Colombia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic bag export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Bag Imports

Imports into Argentina

In 2022, overseas purchases of plastic sacks and bags decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, plastic bag imports contracted modestly to $X in 2022. Overall, imports, however, saw a buoyant increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of plastic bag to Argentina, with a X% share of total imports. Moreover, plastic bag imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of plastic sacks and bags to Argentina, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average plastic bag import price amounted to $X per ton, surging by X% against the previous year. In general, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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