Latin America and the Caribbean: Synthetic Staple Fibre Market 2020

Synthetic Staple Fibre Market Size in Latin America and the Caribbean

The revenue of the synthetic staple fibre market in Latin America and the Caribbean amounted to $X in 2017, surging by X% against the previous year. The synthetic staple fibre consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the synthetic staple fibre market reached its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Synthetic Staple Fibre Production in Latin America and the Caribbean

In 2017, approx. X tons of synthetic staple fibres were produced in Latin America and the Caribbean; stabilizing at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2011, when the output figure increased by X% year-to-year. The volume of synthetic staple fibre production peaked in 2017, and is likely to continue its growth in the near future.

Synthetic Staple Fibre Exports in Latin America and the Caribbean

In 2017, exports of synthetic staple fibres in Latin America and the Caribbean totaled X tons, rising by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the synthetic staple fibre exports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, synthetic staple fibre exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

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

Peru was the largest exporter of synthetic staple fibres in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2017. Mexico (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Bolivia (X%).

Peru experienced a relatively flat trend pattern of synthetic staple fibres exports. At the same time, Bolivia (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. While the share of Mexico (-X%), Bolivia (-X%) and Peru (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

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

The synthetic staple fibre export price in Latin America and the Caribbean stood at $X per ton in 2017, jumping by X% against the previous year. The synthetic staple fibre export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, an increase of X% year-to-year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Mexico ($X per ton) and Peru ($X per ton), while Bolivia ($X per ton) and Peru ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Synthetic Staple Fibre Imports in Latin America and the Caribbean

In 2017, the amount of synthetic staple fibres imported in Latin America and the Caribbean stood at X tons, rising by X% against the previous year. The synthetic staple fibre imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, with an increase of X% y-o-y. Over the period under review, the synthetic staple fibre imports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, synthetic staple fibre imports amounted to $X in 2017. The synthetic staple fibre imports continue to indicate a mild setback. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

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

In 2017, Bolivia (X tons), Brazil (X tons) and Mexico (X tons) were the largest importers of synthetic staple fibres in Latin America and the Caribbean, comprising X% of total import. Ecuador (X tons) held the second position in the ranking, followed by Argentina (X tons). All these countries together occupied near X% share of total imports. Peru (X tons), Colombia (X tons), the Dominican Republic (X tons), Chile (X tons), Guatemala (X tons) and Venezuela (X tons) followed a long way behind the leaders.

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

In value terms, the largest synthetic staple fibre markets worldwide were Mexico ($X), Bolivia ($X) and Brazil ($X), together accounting for X% of total imports. Ecuador, Peru, Argentina, Colombia, the Dominican Republic, Venezuela, Chile and Guatemala lagged somewhat behind, together accounting for a further X%.

Venezuela (+X% per year) recorded 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.

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

The synthetic staple fibre import price in Latin America and the Caribbean stood at $X per ton in 2017, falling by -X% against the previous year. The synthetic staple fibre import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. In that year, the import prices for synthetic staple fibres attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for synthetic staple fibres 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 Ecuador ($X per ton), while Guatemala ($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 Ecuador (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform