Latin America and the Caribbean: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in Latin America and the Caribbean

The Latin American polyvinyl chloride market shrank to $X in 2022, which is down by X% against the previous year. The total consumption indicated a noticeable increase 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Polyvinyl Chloride Production in Latin America and the Caribbean

In value terms, polyvinyl chloride production dropped significantly to $X in 2022 estimated in export price. The total production indicated a slight increase 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then reduced remarkably in the following year.

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Polyvinyl Chloride Exports

Exports in Latin America and the Caribbean

In 2022, the amount of polyvinyl chloride exported in Latin America and the Caribbean amounted to X tons, stabilizing at the year before. In general, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, polyvinyl chloride exports dropped rapidly to $X in 2022. Over the period under review, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. Brazil (X tons) held the second position in the ranking, followed by Mexico (X tons). All these countries together took near X% share of total exports. El Salvador (X tons) took a minor share of total exports.

Exports from Colombia increased at an average annual rate of X% from 2012 to 2022. At the same time, Brazil (X%) and El Salvador (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Mexico (X%) illustrated a downward trend over the same period. While the share of Colombia (X p.p.) and Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Mexico (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) remains the largest polyvinyl chloride supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Mexico, with an X% share.

In Colombia, polyvinyl chloride exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Mexico (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, with a decrease of X% against the previous year. Export price indicated pronounced growth from 2012 to 2022: its price 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, polyvinyl chloride export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while Colombia ($X per ton) was amongst the lowest.

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

Polyvinyl Chloride Imports

Imports in Latin America and the Caribbean

In 2022, the amount of polyvinyl chloride imported in Latin America and the Caribbean shrank significantly to X tons, which is down by X% on 2021 figures. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, polyvinyl chloride imports fell dramatically to $X in 2022. Total imports indicated a notable increase 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank markedly in the following year.

Imports by Country

Mexico (X tons) and Brazil (X tons) were the largest importers of polyvinyl chloride in 2022, amounting to near X% and X% of total imports, respectively. Peru (X tons) ranks next in terms of the total imports with an X% share, followed by Colombia (X%), Guatemala (X%), Chile (X%) and Ecuador (X%).

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

In value terms, Mexico ($X), Brazil ($X) and Peru ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Guatemala, Chile, Colombia and Ecuador lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Guatemala, 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 2022, the import price in Latin America and the Caribbean amounted to $X per ton, shrinking by X% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price 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, polyvinyl chloride import price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Chile ($X per ton) and Mexico ($X per ton), while Colombia ($X per ton) and Peru ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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