Latin America and the Caribbean: Porcelain Technical Ware Market 2024

Porcelain Technical Ware Market Size in Latin America and the Caribbean

In 2022, after two years of decline, there was significant growth in the Latin American porcelain technical ware market, when its value increased by X% to $X. Overall, consumption posted temperate growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Porcelain Technical Ware Production in Latin America and the Caribbean

In value terms, porcelain technical ware production reduced modestly to $X in 2022 estimated in export price. The total production indicated moderate 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Porcelain Technical Ware Exports

Exports in Latin America and the Caribbean

In 2022, the amount of porcelain ceramic wares for laboratory, technical, and chemical use exported in Latin America and the Caribbean amounted to X tons, increasing by X% compared with 2021. Overall, exports recorded a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, porcelain technical ware exports surged to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil was the largest exporter of porcelain ceramic wares for laboratory, technical, and chemical use in Latin America and the Caribbean, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Mexico (X tons), constituting a X% share of total exports. Chile (X tons), Panama (X tons) and the Dominican Republic (X tons) took a little share of total exports.

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

In value terms, Mexico ($X) emerged as the largest porcelain technical ware supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Panama ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico totaled X%. In the other countries, the average annual rates were as follows: Panama (X% per year) and Brazil (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, saw a deep setback. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 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 Panama ($X per ton), while Brazil ($X per ton) was 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 a decline in the export price figures.

Porcelain Technical Ware Imports

Imports in Latin America and the Caribbean

After three years of decline, supplies from abroad of porcelain ceramic wares for laboratory, technical, and chemical use increased by X% to X tons in 2022. In general, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, porcelain technical ware imports amounted to $X in 2022. Overall, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Mexico (X tons) was the main importer of porcelain ceramic wares for laboratory, technical, and chemical use, generating X% of total imports. El Salvador (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (X%) and Chile (X%). The following importers - Venezuela (X tons) and Cuba (X tons) - together made up X% of total imports.

Imports into Mexico increased at an average annual rate of X% from 2012 to 2022. At the same time, El Salvador (X%), Cuba (X%), Venezuela (X%), Chile (X%) and Brazil (X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of El Salvador, Chile, Cuba and Venezuela increased by X, X, X and X percentage points, respectively.

In value terms, Mexico ($X) constitutes the largest market for imported porcelain ceramic wares for laboratory, technical, and chemical use in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Venezuela ($X), with a X% share of total imports. It was followed by El Salvador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico amounted to X%. In the other countries, the average annual rates were as follows: Venezuela (X% per year) and El Salvador (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, reducing by X% against the previous year. Overall, the import price faced a precipitous contraction. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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