Latin America and the Caribbean: Polypropylene Synthetic Staple Market 2020

Polypropylene Synthetic Staple Market Size in Latin America and the Caribbean

The revenue of the polypropylene synthetic staple market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2011, when market value increased by X% y-o-y. The level of polypropylene synthetic staple consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Polypropylene Synthetic Staple Production in Latin America and the Caribbean

The polypropylene synthetic staple production amounted to X tons in 2017, standing approx. at the previous year. The polypropylene synthetic staple production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. Over the period under review, the polypropylene synthetic staple production reached its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Polypropylene Synthetic Staple Exports in Latin America and the Caribbean

The exports stood at X tons in 2017, rising by X% against the previous year. The polypropylene synthetic staple exports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2014, when exports increased by X% year-to-year. Over the period under review, the polypropylene synthetic staple exports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

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

Polypropylene Synthetic Staple Exports by Country in Latin America and the Caribbean

Mexico was the largest exporter of polypropylene synthetic tow and staple in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. Colombia (X tons) ranks second in terms of the global exports with a X% share, followed by Peru (X%) and Honduras (X%). The following exporters - Argentina (X tons) and Brazil (X tons) each accounted for a X% share of total exports.

Mexico was also the fastest growing in terms of the polypropylene synthetic tow and staple exports, with a CAGR of +X% from 2007 to 2017. Honduras (-X%), Colombia (-X%), Peru (-X%), Argentina (-X%) and Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Brazil, Peru, Argentina, Colombia and Honduras increased by X%, X%, X%, X% and X% percentage points, while Mexico (-X%) saw their share reduced.

In value terms, Mexico ($X) remains the largest polypropylene synthetic staple supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Peru ($X), with a X% share of global exports. It was followed by Honduras, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (-X% per year) and Honduras (+X% per year).

Polypropylene Synthetic Staple Export Prices by Country in Latin America and the Caribbean

The polypropylene synthetic staple export price in Latin America and the Caribbean stood at $X per ton in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. Over the period under review, the export prices for polypropylene synthetic tow and staple reached its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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 Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Polypropylene Synthetic Staple Imports in Latin America and the Caribbean

The imports totaled X tons in 2017, growing 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the polypropylene synthetic staple imports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, polypropylene synthetic staple imports totaled $X in 2017. The total imports indicated a moderate increase 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 polypropylene synthetic staple imports reached their peak level of $X. From 2012 to 2017, growth of the polypropylene synthetic staple imports failed to regain its momentum.

Polypropylene Synthetic Staple Imports by Country in Latin America and the Caribbean

Mexico (X tons) and Brazil (X tons) represented roughly X% of total imports of polypropylene synthetic tow and staple in 2017. It was distantly followed by Peru (X tons) and Colombia (X tons), together mixed up X% share of total imports. The following importers - Guatemala (X tons), Chile (X tons), Ecuador (X tons), El Salvador (X tons) and Argentina (X tons) together made up X% 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, the largest polypropylene synthetic staple markets worldwide were Mexico ($X), Brazil ($X) and Peru ($X), with a combined X% share of total imports. Colombia, Chile, El Salvador, Guatemala, Argentina and Ecuador lagged somewhat behind, together accounting for a further X%.

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

Polypropylene Synthetic Staple Import Prices by Country in Latin America and the Caribbean

In 2017, the polypropylene synthetic staple import price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. The polypropylene synthetic staple import price continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2011, when the import prices increased by X% against the previous year. In that year, the import prices for polypropylene synthetic tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for polypropylene synthetic tow and staple stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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.

Source: IndexBox Platform