Latin America and the Caribbean: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2024

Market Size for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Latin America and the Caribbean

The Latin American market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning dropped to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a perceptible decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Latin America and the Caribbean

In value terms, production of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning shrank to $X in 2022 estimated in export price. In general, production showed a pronounced descent. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Exports in Latin America and the Caribbean

In 2022, approx. X tons of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning were exported in Latin America and the Caribbean; increasing by X% against 2021. Total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2022. Total exports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Brazil (X tons) and Peru (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Mexico (X tons), Argentina (X tons) and Paraguay (X tons), together making up a X% share of total exports. Colombia (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Peru ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Argentina, Paraguay and Colombia lagged somewhat behind, together comprising a further X%.

Paraguay, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Peru ($X per ton) was amongst the lowest.

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

Imports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Imports in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in purchases abroad of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning, when their volume decreased by X% to X tons. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning dropped to $X in 2022. In general, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) and Mexico (X tons) represented the largest importers of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning in Latin America and the Caribbean, together comprising X% of total imports. It was distantly followed by Haiti (X tons), Argentina (X tons) and Colombia (X tons), together mixing up a X% share of total imports. Costa Rica (X tons) and Chile (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Haiti (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Colombia, Haiti, Costa Rica and Chile lagged somewhat behind, together comprising a further X%.

Haiti, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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