Brazil: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Brazil

The Brazilian market for drawn glass and blown glass skyrocketed to $X in 2021, rising by 51% against the previous year. Over the period under review, consumption, however, showed a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Drawn Glass And Blown Glass in Brazil

In value terms, drawn glass and blown glass production totaled $X in 2021 estimated in export price. In general, production, however, continues to indicate a mild shrinkage. Drawn glass and blown glass production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Drawn Glass And Blown Glass

Exports from Brazil

In 2021, drawn glass and blown glass exports from Brazil dropped sharply to X square meters, with a decrease of -44.8% against the previous year's figure. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2014 with an increase of 257% against the previous year. As a result, the exports reached the peak of X square meters. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, drawn glass and blown glass exports declined notably to $X in 2021. Over the period under review, exports faced a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 511%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Paraguay (X square meters) was the main destination for drawn glass and blown glass exports from Brazil, with a 88% share of total exports. Moreover, drawn glass and blown glass exports to Paraguay exceeded the volume sent to the second major destination, Ghana (X square meters), more than tenfold. Marshall Islands (X square meters) ranked third in terms of total exports with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Paraguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+64.0% per year) and Marshall Islands (+771.8% per year).

In value terms, Paraguay ($X) remains the key foreign market for drawn glass and blown glass exports from Brazil, comprising 70% of total exports. The second position in the ranking was held by Ghana ($X), with an 11% share of total exports. It was followed by Marshall Islands, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Paraguay amounted to -5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+48.3% per year) and Marshall Islands (+234.4% per year).

Export Prices by Country

In 2021, the average export price for drawn glass and blown glass amounted to $X per square meter, waning by -1.9% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 594% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Marshall Islands ($X per square meter), while the average price for exports to Paraguay ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+10.1%), while the prices for the other major destinations experienced a decline.

Imports of Drawn Glass And Blown Glass

Imports into Brazil

In 2021, the amount of drawn glass and blown glass imported into Brazil surged to X square meters, jumping by 118% against the year before. In general, imports, however, saw a abrupt downturn. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, drawn glass and blown glass imports skyrocketed to $X in 2021. Overall, imports, however, showed a perceptible setback. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X square meters), the United States (X square meters) and the UK (X square meters) were the main suppliers of drawn glass and blown glass imports to Brazil, with a combined 99% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of -12.3%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of drawn glass and blown glass to Brazil, comprising 83% of total imports. The second position in the ranking was taken by the United States ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.4% per year) and the UK (-21.9% per year).

Import Prices by Country

The average import price for drawn glass and blown glass stood at $X per square meter in 2021, remaining constant against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 93% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for the United States ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+69.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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