Latin America and the Caribbean: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Latin America and the Caribbean

The Latin American market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was estimated at $X in 2023, almost unchanged from the previous year. Overall, consumption posted a resilient increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Latin America and the Caribbean

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders dropped to $X in 2023 estimated in export price. Over the period under review, production saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2023, production of growth remained at a somewhat lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Latin America and the Caribbean

In 2023, after two years of growth, there was significant decline in overseas shipments of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, when their volume decreased by X% to X square meters. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X square meters in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank remarkably to $X in 2023. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Mexico was the main exporting country with an export of about X square meters, which recorded X% of total exports. It was distantly followed by El Salvador (X square meters), generating a X% share of total exports. Colombia (X square meters) and Chile (X square meters) took a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports from Mexico stood at X%. At the same time, Chile (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. By contrast, El Salvador (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of El Salvador, Mexico, Colombia and Chile increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), El Salvador ($X) and Colombia ($X) appeared to be the countries with the highest levels of exports in 2023, together comprising X% of total exports. These countries were followed by Chile, which accounted for a further X%.

Chile, 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 mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per square meter, surging by X% against the previous year. Export price indicated a mild expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by X% against 2021 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per square meter), while Mexico ($X per square meter) was amongst the lowest.

From 2012 to 2023, 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.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Latin America and the Caribbean

In 2023, approx. X square meters of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders were imported in Latin America and the Caribbean; rising by X% on 2022 figures. Overall, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X square meters. From 2018 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders rose rapidly to $X in 2023. In general, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Chile (X square meters) and the Dominican Republic (X square meters) represented roughly X% of total imports in 2023. Guatemala (X square meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Suriname (X%) and Peru (X%). Costa Rica (X square meters), Jamaica (X square meters), Mexico (X square meters), Nicaragua (X square meters), Barbados (X square meters), Bolivia (X square meters), Bahamas (X square meters) and Antigua and Barbuda (X square meters) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bolivia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders importing markets in Latin America and the Caribbean were the Dominican Republic ($X), Chile ($X) and Peru ($X), with a combined X% share of total imports. Guatemala, Mexico, Bahamas, Antigua and Barbuda, Costa Rica, Nicaragua, Suriname, Bolivia, Jamaica and Barbados lagged somewhat behind, together accounting for a further X%.

Bolivia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 Latin America and the Caribbean stood at $X per square meter in 2023, waning by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the import price increased by X%. As a result, import price attained the peak level of $X per square meter, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahamas ($X per square meter), while Suriname ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Antigua and Barbuda (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform