Latin America and the Caribbean: Market for Non-PVC Floor, Wall and Ceiling Coverings 2024

Market Size for Non-PVC Floor, Wall and Ceiling Coverings in Latin America and the Caribbean

The Latin American market for non-PVC floor, wall and ceiling coverings shrank modestly to $X in 2022, which is down by X% against the previous year. The total consumption indicated prominent 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, consumption increased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2021, and then reduced slightly in the following year.

Production of Non-PVC Floor, Wall and Ceiling Coverings in Latin America and the Caribbean

In value terms, production of non-PVC floor, wall and ceiling coverings reduced to $X in 2022 estimated in export price. In general, production, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Non-PVC Floor, Wall and Ceiling Coverings

Exports in Latin America and the Caribbean

For the fifth consecutive year, LatAmerica and the Caribbean recorded growth in shipments abroad of non-PVC floor, wall and ceiling coverings, which increased by X% to X square meters in 2022. Overall, exports saw a temperate increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of non-PVC floor, wall and ceiling coverings skyrocketed to $X in 2022. Over the period under review, exports showed mild growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Mexico (X square meters) represented the major exporter of non-PVC floor, wall and ceiling coverings, generating X% of total exports. It was distantly followed by Paraguay (X square meters), Guatemala (X square meters), Chile (X square meters) and Brazil (X square meters), together comprising a X% share of total exports. Ecuador (X square meters) and the Dominican Republic (X square meters) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-PVC floor, wall and ceiling coverings exports from Mexico stood at X%. At the same time, Paraguay (X%), Ecuador (X%), the Dominican Republic (X%) and Guatemala (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) and Chile (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mexico, Paraguay, Guatemala, Ecuador and the Dominican Republic increased by X, X, X, X and X percentage points, respectively.

In value terms, Mexico ($X), Paraguay ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Paraguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per square meter in 2022, waning by X% against the previous year. Overall, the export price showed a mild setback. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per square meter), while Ecuador ($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 Paraguay (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-PVC Floor, Wall and Ceiling Coverings

Imports in Latin America and the Caribbean

Imports of non-PVC floor, wall and ceiling coverings shrank slightly to X square meters in 2022, reducing by X% against the previous year's figure. Total imports indicated a buoyant increase from 2012 to 2022: its volume 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 most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X square meters, and then shrank in the following year.

In value terms, imports of non-PVC floor, wall and ceiling coverings reached $X in 2022. The total import 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The purchases of the four major importers of non-PVC floor, wall and ceiling coverings, namely Mexico, Chile, Argentina and Ecuador, represented more than half of total import. Colombia (X square meters) took the next position in the ranking, followed by Brazil (X square meters). All these countries together took near X% share of total imports. Peru (X square meters), the Dominican Republic (X square meters), Uruguay (X square meters), Guatemala (X square meters), Bolivia (X square meters), Panama (X square meters) and Guyana (X square meters) held a relatively small share of total imports.

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

In value terms, Mexico ($X), Chile ($X) and Argentina ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Ecuador, the Dominican Republic, Brazil, Peru, Colombia, Guatemala, Uruguay, Panama, Bolivia and Guyana lagged somewhat behind, together accounting for a further X%.

Panama, with a CAGR of X%, recorded 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, picking up by X% against the previous year. In general, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the import price increased by 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.

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 the Dominican Republic ($X per square meter), while Bolivia ($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 more modest paces of growth.

Source: IndexBox Platform

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