Latin America and the Caribbean: Paint Brush Market 2020

Paint Brush Market Size in Latin America and the Caribbean

The revenue of the paint brush market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. The level of paint brush consumption peaked in 2017, and is likely to continue its growth in the near future.

Paint Brush Production in Latin America and the Caribbean

The paint brush production stood at X units in 2017, going down by -X% against the previous year. The paint brush production continues to indicate a mild deduction. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% against the previous year. Over the period under review, the paint brush production reached its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Paint Brush Exports in Latin America and the Caribbean

In 2017, the amount of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes exported in Latin America and the Caribbean stood at X units, falling by -X% against the previous year. The paint brush exports continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2014, when exports increased by X% against the previous year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, paint brush exports totaled $X in 2017. The paint brush exports continue to indicate a pronounced shrinkage. Over the period under review, the paint brush exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Paint Brush Exports by Country in Latin America and the Caribbean

Mexico represented the largest exporter of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes in Latin America and the Caribbean, with the volume of exports finishing at X units, which was near X% of total exports in 2017. Brazil (X units) occupied the second position in the ranking, distantly followed by Panama (X units). All these countries together held approx. X% share of total exports. Guatemala (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Brazil (-X% per year), while the other leaders experienced a decline in the exports figures.

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

In Mexico, paint brush exports shrank by 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 Panama (-X% per year).

Paint Brush Export Prices by Country in Latin America and the Caribbean

The paint brush export price in Latin America and the Caribbean stood at $X per thousand units in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the export prices for paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes reached its maximum level in 2017, and is expected to retain its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mexico ($X per thousand units), while Brazil ($X per thousand units) was amongst the lowest.

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

Paint Brush Imports in Latin America and the Caribbean

In 2017, approx. X units of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes were imported in Latin America and the Caribbean; growing by X% against the previous year. The total imports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the paint brush imports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, paint brush imports totaled $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the paint brush imports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Paint Brush Imports by Country in Latin America and the Caribbean

Mexico represented the main importing country with an import of about X units, which resulted at X% of total imports. Venezuela (X units) ranks second in terms of the global imports with a X% share, followed by Chile (X%) and Argentina (X%). Costa Rica (X units), Colombia (X units), the Dominican Republic (X units), Peru (X units), Paraguay (X units), Brazil (X units), Guatemala (X units) and Ecuador (X units) held the mild share of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Peru (+X%), Venezuela (+X%), Brazil (+X%), Colombia (+X%), Ecuador (+X%), Paraguay (+X%), Costa Rica (+X%), Guatemala (+X%), Argentina (+X%), Chile (+X%) and the Dominican Republic (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. While the share of Brazil (-X%), Chile (-X%), Colombia (-X%), Costa Rica (-X%), Peru (-X%), Argentina (-X%), Venezuela (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Venezuela ($X), with a X% share of global imports. It was followed by Chile, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Venezuela (+X% per year) and Chile (+X% per year).

Paint Brush Import Prices by Country in Latin America and the Caribbean

In 2017, the paint brush import price in Latin America and the Caribbean amounted to $X per thousand units, approximately reflecting the previous year. The paint brush import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes reached its maximum level of $X per thousand units in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

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

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

Source: IndexBox Platform