Latin America and the Caribbean: Glass Wool Mat Market 2020

Glass Wool Mat Market Size in Latin America and the Caribbean

The revenue of the glass wool mat market in Latin America and the Caribbean amounted to $X in 2017, lowering by -X% against the previous year. The glass wool mat consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the glass wool mat market reached their peak level of $X. From 2015 to 2017, growth of the glass wool mat market stood at a somewhat lower level.

Glass Wool Mat Production in Latin America and the Caribbean

In 2017, approx. X tons of glass fibre mats made of glass wool were produced in Latin America and the Caribbean; declining by -X% against the previous year. The glass wool mat production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when the output figure increased by X% year-to-year. Over the period under review, the glass wool mat production attained its peak figure volume of X tons in 2016, and then declined slightly in the following year.

Glass Wool Mat Exports in Latin America and the Caribbean

In 2017, the amount of glass fibre mats made of glass wool exported in Latin America and the Caribbean stood at X tons, growing by X% against the previous year. The glass wool mat exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, with an increase of X% y-o-y. Over the period under review, the glass wool mat exports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, glass wool mat exports stood at $X in 2017. The glass wool mat exports continue to indicate a slight descent. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Glass Wool Mat Exports by Country in Latin America and the Caribbean

Mexico dominates glass wool mat exports structure, accounting for X tons, which was near X% of total exports in 2017. It was distantly followed by Brazil (X tons) and Costa Rica (X tons), together mixed up X% share of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Costa Rica (+X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Brazil (-X%) illustrated a downward trend over the same period. Brazil (X%) significantly strengthened its position in terms of the global exports, while Costa Rica and Mexico saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Mexico ($X) remains the largest glass wool mat supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Costa Rica (+X% per year) and Brazil (-X% per year).

Glass Wool Mat Export Prices by Country in Latin America and the Caribbean

In 2017, the glass wool mat export price in Latin America and the Caribbean amounted to $X per ton, lowering by -X% against the previous year. The glass wool mat export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the export prices for glass fibre mats made of glass wool reached their peak level of $X per ton. From 2015 to 2017, growth of the export prices for glass fibre mats made of glass wool failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Costa Rica ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced a decline in the export price figures.

Glass Wool Mat Imports in Latin America and the Caribbean

In 2017, the amount of glass fibre mats made of glass wool imported in Latin America and the Caribbean totaled X tons, going up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. In that year, the glass wool mat imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, glass wool mat imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. In that year, the glass wool mat imports attained their peak level, and are likely to continue its growth in the immediate term.

Glass Wool Mat Imports by Country in Latin America and the Caribbean

Mexico dominates glass wool mat imports structure, reaching X tons, which was approx. X% of total imports in 2017. It was distantly followed by Brazil (X tons), mixed up X% share of total imports. Argentina (X tons), Chile (X tons), Ecuador (X tons), Colombia (X tons) and Peru (X tons) occupied the weak share of total imports.

Mexico was also the fastest growing in terms of the glass fibre mats made of glass wool imports, with a CAGR of +X% from 2007 to 2017. At the same time, Ecuador (+X%), Chile (+X%), Peru (+X%) and Colombia (+X%) displayed positive paces of growth. Argentina experienced a relatively flat trend pattern. By contrast, Brazil (-X%) illustrated a downward trend over the same period. Brazil (X%) significantly strengthened its position in terms of the global imports, while Mexico saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported glass fibre mats made of glass wool in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Chile, with a X% share.

In Mexico, glass wool mat imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and Chile (+X% per year).

Glass Wool Mat Import Prices by Country in Latin America and the Caribbean

The glass wool mat import price in Latin America and the Caribbean stood at $X per ton in 2017, picking up by X% against the previous year. The glass wool mat import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mexico ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform