MERCOSUR: Plastic Packaging Market 2024

Plastic Packaging Market Size in MERCOSUR

In 2022, the MERCOSUR plastic packaging market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Packaging Production in MERCOSUR

In value terms, plastic packaging production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Plastic Packaging Exports

Exports in MERCOSUR

In 2022, the amount of plastic packaging exported in MERCOSUR reduced modestly to X tons, flattening at 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic packaging exports expanded remarkably to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay represented the largest exporter of plastic packaging in MERCOSUR, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. Peru (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Paraguay (X%), Brazil (X%), Colombia (X%), Chile (X%) and Ecuador (X%).

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

In value terms, Uruguay ($X), Brazil ($X) and Peru ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Colombia, Chile, Paraguay and Ecuador lagged somewhat behind, together comprising a further X%.

Ecuador, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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 MERCOSUR stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Plastic Packaging Imports

Imports in MERCOSUR

In 2022, approx. X tons of plastic packaging were imported in MERCOSUR; rising by X% against 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic packaging imports totaled $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Chile (X tons) and Brazil (X tons) dominates imports structure, together making up X% of total imports. It was distantly followed by Colombia (X tons) and Peru (X tons), together generating a X% share of total imports. Ecuador (X tons), Argentina (X tons) and Uruguay (X tons) followed a long way behind the leaders.

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

In value terms, the largest plastic packaging importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Colombia ($X), together comprising X% of total imports. Peru, Argentina, Ecuador and Uruguay lagged somewhat behind, together comprising a further X%.

Peru, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in MERCOSUR stood at $X per ton in 2022, stabilizing at the previous year. In general, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :