Latin America and the Caribbean: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Latin America and the Caribbean

In 2021, the Latin American market for boards, sheets, panels, tiles and similar articles of plaster not faced increased by 20% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, saw a noticeable downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Latin America and the Caribbean

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced soared to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 28%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports in Latin America and the Caribbean

In 2021, shipments abroad of boards, sheets, panels, tiles and similar articles of plaster not faced decreased by -2.1% to X square meters, falling for the second year in a row after four years of growth. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 85%. Over the period under review, the exports of hit record highs at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced rose notably to $X in 2021. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 67% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Mexico (X square meters) and Colombia (X square meters) prevails in faced structure, together generating 78% of total exports. It was distantly followed by Argentina (X square meters), making up a 9.6% share of total exports. Honduras (X square meters), the Dominican Republic (X square meters), Chile (X square meters) and Brazil (X square meters) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Argentina (with a CAGR of +23.6%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Colombia ($X) and Argentina ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 82% share of total exports.

Argentina, with a CAGR of +21.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 2021, with an increase of 12% against the previous year. Over the period under review, the export price, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 38% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per square meter), while Colombia ($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 Chile (+2.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports in Latin America and the Caribbean

In 2021, purchases abroad of boards, sheets, panels, tiles and similar articles of plaster not faced was finally on the rise to reach X square meters after three years of decline. Over the period under review, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 when imports increased by 67% against the previous year. As a result, imports attained the peak of X square meters. From 2018 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced soared to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 55% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, Panama (X square meters) and Costa Rica (X square meters) represented the key importers of boards, sheets, panels, tiles and similar articles of plaster not faced in Latin America and the Caribbean, together finishing at near 31% of total imports. El Salvador (X square meters) ranks next in terms of the total imports with an 8.3% share, followed by Cuba (7.8%), the Dominican Republic (6.6%), Brazil (5.5%) and Peru (4.7%). Mexico (X square meters), Trinidad and Tobago (X square meters), Chile (X square meters), Honduras (X square meters), Ecuador (X square meters) and Guatemala (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Panama (with a CAGR of +41.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster not faced importing markets in Latin America and the Caribbean were Costa Rica ($X), Panama ($X) and El Salvador ($X), with a combined 43% share of total imports.

Among the main importing countries, Panama, with a CAGR of +48.5%, 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 square meter in 2021, with an increase of 9.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per square meter), while Ecuador ($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 Panama (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :