Latin America and the Caribbean: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Latin America and the Caribbean

In 2022, the Latin American market for drawn glass and blown glass increased by X% to $X, rising for the second year in a row after four years of decline. The total consumption indicated a perceptible 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 attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Drawn Glass And Blown Glass in Latin America and the Caribbean

In value terms, drawn glass and blown glass production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% 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 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Drawn Glass And Blown Glass

Exports in Latin America and the Caribbean

For the fifth consecutive year, LatAmerica and the Caribbean recorded decline in shipments abroad of drawn glass and blown glass, which decreased by X% to X square meters in 2022. Overall, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X square meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, drawn glass and blown glass exports dropped rapidly to $X in 2022. In general, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

El Salvador (X square meters) and Guatemala (X square meters) represented the largest exporters of drawn glass and blown glass in 2022, resulting at approx. X% and X% of total exports, respectively. It was distantly followed by the Dominican Republic (X square meters), Chile (X square meters), Brazil (X square meters) and Colombia (X square meters), together constituting a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Guatemala ($X), the Dominican Republic ($X) and El Salvador ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Colombia, Chile and Brazil lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per square meter in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, showed prominent growth. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then declined dramatically 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 Colombia ($X per square meter), while Brazil ($X per square meter) was amongst the lowest.

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

Imports of Drawn Glass And Blown Glass

Imports in Latin America and the Caribbean

In 2022, the amount of drawn glass and blown glass imported in Latin America and the Caribbean surged to X square meters, picking up by X% against 2021. In general, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, drawn glass and blown glass imports soared to $X in 2022. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Dominican Republic (X square meters) and Ecuador (X square meters) were the key importers of drawn glass and blown glass in 2022, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Chile (X square meters), generating a X% share of total imports. The following importers - Bolivia (X square meters), Peru (X square meters), Guyana (X square meters) and Colombia (X square meters) - together made up X% of total imports.

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

In value terms, the Dominican Republic ($X) constitutes the largest market for imported drawn glass and blown glass in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with an X% share of total imports. It was followed by Ecuador, with a X% share.

In the Dominican Republic, drawn glass and blown glass imports 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: Chile (X% per year) and Ecuador (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per square meter, waning by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per square meter in 2021, and then fell significantly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per square meter), while Ecuador ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :