Brazil: Plastic Reservoir Market 2024

Plastic Reservoir Market Size in Brazil

The Brazilian plastic reservoir market fell to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Plastic reservoir consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Plastic Reservoir Production in Brazil

In value terms, plastic reservoir production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Plastic Reservoir Exports

Exports from Brazil

For the fourth year in a row, Brazil recorded growth in shipments abroad of plastic reservoirs, tanks and vats, which increased by X% to X tons in 2022. Overall, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic reservoir exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Uruguay (X tons), Australia (X tons) and Paraguay (X tons) were the main destinations of plastic reservoir exports from Brazil, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X), Australia ($X) and Saudi Arabia ($X) were the largest markets for plastic reservoir exported from Brazil worldwide, with a combined X% share of total exports.

Among the main countries of destination, Australia, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 reservoir export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price showed a mild shrinkage. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Mexico ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Reservoir Imports

Imports into Brazil

In 2022, overseas purchases of plastic reservoirs, tanks and vats decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw strong growth. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then fell sharply in the following year.

In value terms, plastic reservoir imports reduced notably to $X in 2022. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, Israel (X tons) constituted the largest supplier of plastic reservoir to Brazil, accounting for a X% share of total imports. Moreover, plastic reservoir imports from Israel exceeded the figures recorded by the second-largest supplier, Paraguay (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

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

In value terms, Germany ($X), Israel ($X) and Italy ($X) constituted the largest plastic reservoir suppliers to Brazil, with a combined X% share of total imports. Paraguay, Greece, China and the United States lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Paraguay, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic reservoir import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average 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 Germany ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform