Latin America and the Caribbean: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2024

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Latin America and the Caribbean

The Latin American pigments, opacifiers and colours market rose to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Latin America and the Caribbean

In value terms, pigments, opacifiers and colours production contracted modestly to $X in 2022 estimated in export price. Overall, production recorded a pronounced contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in shipments abroad of pigments, opacifiers and colours for ceramics, enamelling or glass, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed tangible growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, pigments, opacifiers and colours exports rose markedly to $X in 2022. Overall, exports showed a abrupt descent. The growth pace was the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Mexico (X tons), committing a X% share of total exports.

Brazil was also the fastest-growing in terms of the pigments, opacifiers and colours for ceramics, enamelling or glass exports, with a CAGR of X% from 2012 to 2022. Mexico (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Brazil ($X) remains the largest pigments, opacifiers and colours supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports.

In Brazil, pigments, opacifiers and colours exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Brazil totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%).

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports in Latin America and the Caribbean

In 2022, after two years of growth, there was decline in purchases abroad of pigments, opacifiers and colours for ceramics, enamelling or glass, when their volume decreased by X% to X tons. Total imports indicated a resilient 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 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped modestly in the following year.

In value terms, pigments, opacifiers and colours imports contracted to $X in 2022. Total imports indicated a tangible 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Mexico (X tons), Brazil (X tons), Ecuador (X tons) and Argentina (X tons) represented roughly X% of total imports in 2022. Colombia (X tons) took the next position in the ranking, followed by Guatemala (X tons). All these countries together took near X% share of total imports. Peru (X tons) held a minor 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 pigments, opacifiers and colours importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Colombia ($X), together accounting for X% of total imports. Argentina, Ecuador, Guatemala and Peru lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Guatemala, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 ton in 2022, rising by X% against the previous year. In general, the import price, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Brazil ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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