Latin America and the Caribbean: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Latin America and the Caribbean

The Latin American market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses soared to $X in 2020, jumping by X% against the previous year. The total consumption indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2016 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Latin America and the Caribbean

In value terms, production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses expanded remarkably to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in 2020 were Brazil (X square meters), Mexico (X square meters) and Colombia (X square meters), together accounting for X% of total production. Peru lagged somewhat behind, accounting for a further X 2007 to 2020, the most notable rate of growth in terms of production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, amongst the key producing countries, was attained by Peru, while production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses for the other leaders experienced more modest paces of growth.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports in Latin America and the Caribbean

In 2020, shipments abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters for the first time since 2015, thus ending a four-year rising trend. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2019 when exports increased by X% y-o-y. The volume of export peaked at X square meters in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined notably to $X in 2020. Over the period under review, exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. The level of export peaked at $X in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Mexico (X square meters) was the key exporter of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, mixing up X% of total exports. Brazil (X square meters) held a X% share (based on tons) of total exports, which put it in second place, followed by Peru (X%) and Colombia (X%).

From 2007 to 2020, average annual rates of growth with regard to safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Mexico stood at -X%. At the same time, Peru (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Colombia (-X%) and Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Peru increased by +X% percentage points, while Mexico (-X p.p.) and Brazil (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Peru ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Mexico totaled -X%. In the other countries, the average annual rates were as follows: Peru (+X% per year) and Colombia (-X% per year).

Export Prices by Country

In 2020, the export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Latin America and the Caribbean amounted to $X per square meter, growing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. As a result, export price attained the peak level of $X per square meter. from 2016 to 2020, the growth in terms of the export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Peru ($X per square meter), while Brazil ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Peru, while the other leaders experienced more modest paces of growth.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports in Latin America and the Caribbean

In 2020, overseas purchases of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters, falling for the second consecutive year after two years of growth. Total imports indicated slight growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. The volume of import peaked at X square meters in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined notably to $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Mexico (X square meters) represented the largest importer of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, achieving X% of total imports. Chile (X square meters) took the second position in the ranking, followed by Argentina (X square meters), Colombia (X square meters) and Brazil (X square meters). All these countries together held near X% share of total imports. The following importers - Peru (X square meters), Guatemala (X square meters), Ecuador (X square meters), Venezuela (X square meters), El Salvador (X square meters), Paraguay (X square meters), Honduras (X square meters) and Panama (X square meters) - together made up X% of total imports.

Mexico experienced a relatively flat trend pattern with regard to volume of imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses. At the same time, Peru (+X%), Chile (+X%), Honduras (+X%), Paraguay (+X%), Colombia (+X%), Guatemala (+X%), El Salvador (+X%), Panama (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. Argentina experienced a relatively flat trend pattern. By contrast, Ecuador (-X%) and Venezuela (-X%) illustrated a downward trend over the same period. While the share of Chile (+X p.p.), Colombia (+X p.p.) and Peru (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Ecuador (-X p.p.), Argentina (-X p.p.), Mexico (-X p.p.) and Venezuela (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Mexico totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (-X% per year) and Chile (+X% per year).

Import Prices by Country

In 2020, the import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Latin America and the Caribbean amounted to $X per square meter, with a decrease of -X% against the previous year. In general, the import price recorded a slight descent. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. As a result, import price attained the peak level of $X per square meter. from 2009 to 2020, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mexico ($X per square meter), while Panama ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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