Report Latin America and the Caribbean - Artificial and Prepared Waxes of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 5, 2022

Latin America and the Caribbean - Artificial and Prepared Waxes of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

Latin America and the Caribbean: Polyethylene Glycol Wax Market 2022

Polyethylene Glycol Wax Market Size in Latin America and the Caribbean

For the fourth year in a row, the Latin American polyethylene glycol wax market recorded growth in sales value, which increased by 3.2% to $X in 2021. In general, consumption, however, showed a mild setback. The growth pace was the most rapid in 2018 when the market value increased by 8.9% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Polyethylene Glycol Wax Production in Latin America and the Caribbean

In value terms, polyethylene glycol wax production reached $X in 2021 estimated in export price. In general, production, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 10% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Polyethylene Glycol Wax Exports

Exports in Latin America and the Caribbean

For the seventh consecutive year, LatAmerica and the Caribbean recorded decline in overseas shipments of artificial and prepared waxes of polyethylene glycol, which decreased by -26.9% to X tons in 2021. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of 2.3%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, polyethylene glycol wax exports dropped significantly to $X in 2021. Overall, exports saw a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of 8% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Mexico was the key exporter of artificial and prepared waxes of polyethylene glycol in Latin America and the Caribbean, with the volume of exports accounting for X tons, which was near 76% of total exports in 2021. It was distantly followed by Brazil (X tons), achieving a 20% share of total exports. Venezuela (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to polyethylene glycol wax exports from Mexico stood at -20.3%. Brazil (-3.9%) and Venezuela (-17.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil increased by +16 percentage points. Mexico (-17.2 p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest polyethylene glycol wax supplier in Latin America and the Caribbean, comprising 75% of total exports. The second position in the ranking was held by Brazil ($X), with a 21% share of total exports.

In Mexico, polyethylene glycol wax exports shrank by an average annual rate of -18.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-5.7% per year) and Venezuela (-22.2% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, reducing by -20.2% against the previous year. Export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the export price increased by 20% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2020, and then dropped rapidly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+2.5%), while the other leaders experienced a decline in the export price figures.

Polyethylene Glycol Wax Imports

Imports in Latin America and the Caribbean

Polyethylene glycol wax imports reduced to X tons in 2021, with a decrease of -12.6% compared with the previous year. Over the period under review, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2014 with an increase of 34% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, polyethylene glycol wax imports contracted to $X in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 32% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) was the key importer of artificial and prepared waxes of polyethylene glycol, constituting 45% of total imports. Argentina (X tons) held a 9.4% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (8.5%), Costa Rica (7.4%), Peru (5.7%) and Chile (4.9%). Honduras (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to polyethylene glycol wax imports into Brazil stood at -5.7%. At the same time, Honduras (+53.8%), Peru (+8.6%), Chile (+5.5%) and Costa Rica (+5.1%) displayed positive paces of growth. Moreover, Honduras emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +53.8% from 2012-2021. By contrast, Argentina (-2.8%) and Colombia (-3.3%) illustrated a downward trend over the same period. While the share of Honduras (+4 p.p.), Costa Rica (+3.9 p.p.), Peru (+3.7 p.p.) and Chile (+2.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Brazil (-11.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported artificial and prepared waxes of polyethylene glycol in Latin America and the Caribbean, comprising 41% of total imports. The second position in the ranking was taken by Costa Rica ($X), with a 10% share of total imports. It was followed by Argentina, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in Brazil amounted to -1.5%. The remaining importing countries recorded the following average annual rates of imports growth: Costa Rica (+12.6% per year) and Argentina (+0.3% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, surging by 7% against the previous year. Over the last nine years, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2019 an increase of 15%. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Costa Rica ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Costa Rica (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial and prepared waxes of polyethylene glycol in LatAmerica and the Caribbean?
+
The countries with the highest volumes of consumption in 2021 were Brazil and Mexico.
What are the largest producers of artificial and prepared waxes of polyethylene glycol in LatAmerica and the Caribbean?
+
The countries with the highest volumes of production in 2021 were Brazil and Mexico.
What are the leading exporters of artificial and prepared waxes of polyethylene glycol in LatAmerica and the Caribbean?
+
In value terms, Mexico remains the largest polyethylene glycol wax supplier in Latin America and the Caribbean, comprising 75% of total exports. The second position in the ranking was taken by Brazil, with a 21% share of total exports.
What are the leading importers of artificial and prepared waxes of polyethylene glycol in LatAmerica and the Caribbean?
+
In value terms, Brazil constitutes the largest market for imported artificial and prepared waxes of polyethylene glycol in Latin America and the Caribbean, comprising 41% of total imports. The second position in the ranking was held by Costa Rica, with a 10% share of total imports. It was followed by Argentina, with a 10% share.
What is the average export price for artificial and prepared waxes of polyethylene glycol in LatAmerica and the Caribbean?
+
The export price in Latin America and the Caribbean stood at $1,955 per ton in 2021, dropping by -20.2% against the previous year.
What is the average import price for artificial and prepared waxes of polyethylene glycol in LatAmerica and the Caribbean?
+
The import price in Latin America and the Caribbean stood at $3,222 per ton in 2021, increasing by 7% against the previous year.

This report provides an in-depth analysis of the polyethylene glycol wax market in Latin America and the Caribbean. 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 20414270 - Artificial and prepared waxes of polyethylene glycol
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET