Latin America and the Caribbean: Glass Wool Voile Market 2020

Glass Wool Voile Market Size in Latin America and the Caribbean

The revenue of the glass wool voile market in Latin America and the Caribbean amounted to $X in 2017, rising by X% against the previous year. The glass wool voile consumption continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the glass wool voile market attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Glass Wool Voile Production in Latin America and the Caribbean

In 2017, the amount of glass fibre voiles made of glass wool produced in Latin America and the Caribbean amounted to X tons, surging by X% against the previous year. The glass wool voile production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, with an increase of X% year-to-year. The volume of glass wool voile production peaked of X tons in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Glass Wool Voile Exports in Latin America and the Caribbean

In 2017, glass wool voile exports in Latin America and the Caribbean totaled X tons, increasing by X% against the previous year. The glass wool voile exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when exports increased by X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, glass wool voile exports totaled $X in 2017. The glass wool voile exports continue to indicate a slight slump. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Glass Wool Voile Exports by Country in Latin America and the Caribbean

Mexico prevails in glass wool voile exports structure, finishing at X tons, which was near X% of total exports in 2017. It was distantly followed by Costa Rica (X tons), creating X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to glass wool voile exports from Mexico stood at +X%. At the same time, Costa Rica (+X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Costa Rica (-X%) and Mexico (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest glass wool voile supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico amounted to -X%.

Glass Wool Voile Export Prices by Country in Latin America and the Caribbean

In 2017, the glass wool voile export price in Latin America and the Caribbean amounted to $X per ton, reducing by -X% against the previous year. The glass wool voile export price continues to indicate a mild decrease. The growth pace was the most rapid in 2014, when the export prices increased by X% y-o-y. In that year, the export prices for glass fibre voiles made of glass wool attained their peak level of $X per ton. From 2015 to 2017, growth of the export prices for glass fibre voiles made of glass wool stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Mexico ($X per ton) and Costa Rica ($X per ton), while Costa Rica ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Costa Rica (-X% per year).

Glass Wool Voile Imports in Latin America and the Caribbean

In 2017, the amount of glass fibre voiles made of glass wool imported in Latin America and the Caribbean stood at X tons, growing by X% against the previous year. The total imports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. In that year, the glass wool voile imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, glass wool voile imports stood at $X in 2017. The total imports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the glass wool voile imports attained their peak level, and are likely to continue its growth in the immediate term.

Glass Wool Voile Imports by Country in Latin America and the Caribbean

Mexico prevails in glass wool voile imports structure, recording X tons, which was near X% of total imports in 2017. It was distantly followed by Brazil (X tons), generating X% share of total imports. Chile (X tons) held the slight share of total imports.

Mexico was also the fastest growing in terms of the glass fibre voiles made of glass wool imports, with a CAGR of +X% from 2007 to 2017. At the same time, Chile (+X%) displayed positive paces of growth. Brazil experienced a relatively flat trend pattern. Mexico (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported glass fibre voiles made of glass wool in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Chile, with a X% share.

From 2007 to 2017, 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: Brazil (-X% per year) and Chile (+X% per year).

Glass Wool Voile Import Prices by Country in Latin America and the Caribbean

The glass wool voile import price in Latin America and the Caribbean stood at $X per ton in 2017, lowering by -X% against the previous year. The glass wool voile import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mexico (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform