Brazil: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Brazil

The Brazilian market for glaziers putty, grafting putty, other mastics and painters' fillings shrank to $X in 2022, dropping by -1.7% against the previous year. In general, consumption recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when the market value increased by 7.3%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Brazil

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings reduced slightly to $X in 2022 estimated in export price. Overall, production saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 with an increase of 7.2%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Brazil

In 2022, the amount of glaziers putty, grafting putty, other mastics and painters' fillings exported from Brazil rose modestly to X tons, with an increase of 2.3% against the year before. Over the period under review, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.3% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings skyrocketed to $X in 2022. In general, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Bolivia (X tons), Paraguay (X tons) and Argentina (X tons) were the main destinations of exports of glaziers putty, grafting putty, other mastics and painters' fillings from Brazil, with a combined 78% share of total exports. Uruguay, Mexico, Chile, Ghana and Angola lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +29.4%), while the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) remains the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Brazil, comprising 51% of total exports. The second position in the ranking was held by Bolivia ($X), with a 13% share of total exports. It was followed by Paraguay, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Argentina totaled +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+5.8% per year) and Paraguay (+6.0% per year).

Export Prices by Country

The average export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, growing by 28% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Brazil

In 2022, the amount of glaziers putty, grafting putty, other mastics and painters' fillings imported into Brazil expanded modestly to X tons, picking up by 4.4% on the previous year's figure. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2019 with an increase of 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings soared to $X in 2022. The total import value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and Switzerland (X tons) were the main suppliers of imports of glaziers putty, grafting putty, other mastics and painters' fillings to Brazil, with a combined 54% share of total imports. Germany, Belgium, the UK, Spain, Turkey, France, Italy, the Netherlands, South Korea and Poland lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +38.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glaziers, grafting putty and painters' filling suppliers to Brazil were the United States ($X), China ($X) and Germany ($X), with a combined 61% share of total imports. Switzerland, the UK, Belgium, France, South Korea, Spain, Italy, the Netherlands, Turkey and Poland lagged somewhat behind, together accounting for a further 34%.

Turkey, with a CAGR of +37.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, increasing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :