Latin America and the Caribbean: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Latin America and the Caribbean

The Latin American market for floor, wall or ceiling coverings of plastics dropped to $X in 2022, waning by X% against the previous year. The market 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 in certain years. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in Latin America and the Caribbean

In value terms, production of floor, wall or ceiling coverings of plastics 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 2013 with an increase of X%. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports in Latin America and the Caribbean

In 2022, exports of floor, wall or ceiling coverings of plastics in Latin America and the Caribbean soared to X square meters, rising by X% compared with the previous year. Over the period under review, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of floor, wall or ceiling coverings of plastics soared to $X in 2022. Overall, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico dominates plastics structure, amounting to X square meters, which was near X% of total exports in 2022. The following exporters - Brazil (X square meters) and Peru (X square meters) - each resulted at a X% share of total exports.

Mexico was also the fastest-growing in terms of the floor, wall or ceiling coverings of plastics exports, with a CAGR of X% from 2012 to 2022. At the same time, Brazil (X%) displayed positive paces of growth. By contrast, Peru (X%) illustrated a downward trend over the same period. Mexico (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil and Peru saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Mexico ($X) remains the largest plastic floor, wall and ceiling coverings supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Peru (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per square meter, with a decrease of X% against the previous year. Overall, the export price recorded a pronounced decrease. The growth pace was the most rapid in 2015 when the export price increased by X%. The level of export peaked at $X per square meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Brazil ($X per square meter), while Peru ($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 a decline in the export price figures.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports in Latin America and the Caribbean

In 2022, imports of floor, wall or ceiling coverings of plastics in Latin America and the Caribbean amounted to X square meters, surging by X% on 2021 figures. In general, imports posted a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of floor, wall or ceiling coverings of plastics rose remarkably to $X in 2022. Total imports indicated resilient 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Brazil (X square meters), Chile (X square meters), Argentina (X square meters), Mexico (X square meters) and Colombia (X square meters) represented roughly X% of total imports in 2022. It was distantly followed by Ecuador (X square meters) and Peru (X square meters), together committing a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic floor, wall and ceiling coverings importing markets in Latin America and the Caribbean were Brazil ($X), Chile ($X) and Mexico ($X), with a combined X% share of total imports. Argentina, Colombia, Peru and Ecuador lagged somewhat behind, together accounting for a further X%.

Argentina, with a CAGR of X%, saw the highest growth rate of 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 2022, rising by X% against the previous year. Over the period under review, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2022, 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 Mexico ($X per square meter), while Colombia ($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 Brazil (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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