Brazil: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Brazil

The Brazilian multiple-walled insulating glass unit market rose slightly to $X in 2021, increasing by 3.6% against the previous year. Over the period under review, consumption, however, showed a pronounced descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Multiple-Walled Insulating Units Of Glass in Brazil

In value terms, multiple-walled insulating glass unit production stood at $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of 19%. Multiple-walled insulating glass unit production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Brazil

In 2021, the amount of multiple-walled insulating units of glass exported from Brazil skyrocketed to X square meters, growing by 24% on the previous year. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 3,354% against the previous year. The exports peaked at X square meters in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, multiple-walled insulating glass unit exports totaled $X in 2021. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2015 with an increase of 342% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Vietnam (X square meters), Argentina (X square meters) and New Zealand (X square meters) were the main destinations of multiple-walled insulating glass unit exports from Brazil, with a combined 68% share of total exports. These countries were followed by Ecuador, Uruguay, Costa Rica and the United States, which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Ecuador (with a CAGR of +932.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Vietnam ($X) and Argentina ($X) constituted the largest markets for multiple-walled insulating glass unit exported from Brazil worldwide, together accounting for 67% of total exports. These countries were followed by Ecuador, Costa Rica, Uruguay and the United States, which together accounted for a further 29%.

Among the main countries of destination, Ecuador, with a CAGR of +612.3%, saw the highest growth rate of 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 average multiple-walled insulating glass unit export price stood at $X per square meter in 2021, which is down by -18.6% against the previous year. In general, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 275% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Uruguay ($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 Colombia (+16.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Brazil

In 2021, overseas purchases of multiple-walled insulating units of glass increased by 84% to X square meters, rising for the third year in a row after five years of decline. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 344%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, multiple-walled insulating glass unit imports reduced notably to $X in 2021. Over the period under review, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,328%. As a result, imports attained the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2021, Turkey (X square meters) was the main multiple-walled insulating glass unit supplier to Brazil, accounting for a 92% share of total imports. Moreover, multiple-walled insulating glass unit imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X square meters), more than tenfold. The United States (X square meters) ranked third in terms of total imports with a 1.2% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +58.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.1% per year) and the United States (-23.5% per year).

In value terms, Turkey ($X) constituted the largest supplier of multiple-walled insulating units of glass to Brazil, comprising 85% of total imports. The second position in the ranking was taken by China ($X), with a 9.6% share of total imports. It was followed by the United States, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +69.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.0% per year) and the United States (-18.7% per year).

Import Prices by Country

In 2021, the average multiple-walled insulating glass unit import price amounted to $X per square meter, which is down by -83.8% against the previous year. In general, the import price showed a pronounced curtailment. The pace of growth was the most pronounced in 2020 an increase of 222%. As a result, import price attained the peak level of $X per square meter, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Turkey ($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 Turkey (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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