Brazil: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Brazil

The Brazilian market for polyethylene terephthalate and other polyethylene terephthalate in primary forms contracted to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption continues to indicate a drastic downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Brazil

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable reduction. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from Brazil

For the fifth consecutive year, Brazil recorded growth in shipments abroad of polyethylene terephthalate and other polyethylene terephthalate in primary forms, which increased by X% to X tons in 2016. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms soared to $X in 2016. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Brazil, with a X% share of total exports. Moreover, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to the United States exceeded the volume sent to the second major destination, Venezuela (X tons), sixfold. Colombia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (X% per year) and Colombia (X% per year).

In value terms, the United States ($X) remains the key foreign market for polyethylene terephthalate and other polyethylene terephthalate in primary forms exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Venezuela ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (X% per year) and Colombia (X% per year).

Export Prices by Country

The average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2016, falling by X% against the previous year. Over the period under review, the export price recorded a deep contraction. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2016, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2016, amid the top suppliers, the countries with the highest prices were Venezuela ($X per ton) and Mexico ($X per ton), while the average price for exports to Colombia ($X per ton) and Paraguay ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced a decline.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into Brazil

In 2016, overseas purchases of polyethylene terephthalate and other polyethylene terephthalate in primary forms decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2016, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms fell rapidly to $X in 2016. Over the period under review, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports of failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), Mexico (X tons) and Paraguay (X tons) were the main suppliers of imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Brazil, with a combined X% share of total imports. Argentina, China, Uruguay, Lithuania and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Mexico ($X) and Argentina ($X) appeared to be the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms suppliers to Brazil, together comprising X% of total imports. China, Paraguay, Uruguay, Lithuania and South Korea lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Uruguay, 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

In 2016, the average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price showed a abrupt descent. The growth pace was the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2016, the average import prices failed to regain momentum.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform