Latin America and the Caribbean: Polyester Staple Market 2020

Polyester Staple Market Size in Latin America and the Caribbean

The revenue of the polyester staple market in Latin America and the Caribbean amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. The level of polyester staple consumption peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Polyester Staple Production in Latin America and the Caribbean

The polyester staple production amounted to X tons in 2017, approximately reflecting the previous year. The polyester staple production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when the output figure increased by X% against the previous year. The volume of polyester staple production peaked in 2017, and is expected to retain its growth in the immediate term.

Polyester Staple Exports in Latin America and the Caribbean

In 2017, approx. X tons of polyester tow and staple were exported in Latin America and the Caribbean; picking up by X% against the previous year. The polyester staple exports continue to indicate a deep drop. The pace of growth was the most pronounced in 2014, with an increase of X% y-o-y. Over the period under review, the polyester staple exports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, polyester staple exports totaled $X in 2017. The polyester staple exports continue to indicate a drastic downturn. In that year, the polyester staple exports reached their peak level of $X. From 2015 to 2017, growth of the polyester staple exports stood at a somewhat lower level.

Polyester Staple Exports by Country in Latin America and the Caribbean

Mexico was the major exporter of polyester tow and staple in Latin America and the Caribbean, with the volume of exports reaching X tons, which was near X% of total exports in 2017. Colombia (X tons) held the second position in the ranking, followed by Brazil (X tons), Peru (X tons) and Honduras (X tons). All these countries together occupied near X% share of total exports. Argentina (X tons) held the minor share of total exports.

Mexico was also the fastest growing in terms of the polyester tow and staple exports, with a CAGR of +X% from 2007 to 2017. Honduras (-X%), Colombia (-X%), Peru (-X%), Brazil (-X%) and Argentina (-X%) illustrated a downward trend over the same period. Brazil (X%), Peru (X%), Argentina (X%), Colombia (X%) and Honduras (X%) significantly strengthened its position in terms of the global exports, while Mexico saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, the largest polyester staple markets worldwide were Mexico ($X), Brazil ($X) and Peru ($X), with a combined X% share of total exports.

Mexico (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Polyester Staple Export Prices by Country in Latin America and the Caribbean

In 2017, the polyester staple export price in Latin America and the Caribbean amounted to $X per ton, rising by X% against the previous year. The polyester staple export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Honduras (+X% per year), while the other leaders experienced more modest paces of growth.

Polyester Staple Imports in Latin America and the Caribbean

The imports stood at X tons in 2017, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, polyester staple imports totaled $X in 2017. The total imports indicated a measured growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the polyester staple imports attained their peak level of $X. From 2012 to 2017, growth of the polyester staple imports failed to regain its momentum.

Polyester Staple Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X tons) and Brazil (X tons) represented the largest importers of polyester tow and staple in the globe, together resulting at approx. X% of total imports. Peru (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Colombia (X%). Guatemala (X tons), Chile (X tons), Ecuador (X tons), El Salvador (X tons) and Argentina (X tons) took the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by El Salvador (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Brazil ($X) and Peru ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Colombia, Chile, El Salvador, Guatemala, Ecuador and Argentina lagged somewhat behind, together comprising a further X%.

El Salvador (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Polyester Staple Import Prices by Country in Latin America and the Caribbean

The polyester staple import price in Latin America and the Caribbean stood at $X per ton in 2017, surging by X% against the previous year. The polyester staple import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2011, when the import prices increased by X% year-to-year. In that year, the import prices for polyester tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for polyester tow and staple failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Argentina ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Argentina (+X% per year), while the other leaders experienced a decline in the import price figures.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Source: IndexBox Platform