Latin America and the Caribbean: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Latin America and the Caribbean

The Latin American market for boards, sheets, panels, or tiles of gypsum or plaster declined modestly to $X in 2022, reducing by X% against the previous year. In general, consumption recorded a pronounced contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Latin America and the Caribbean

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster shrank slightly to $X in 2022 estimated in export price. Over the period under review, production saw a deep reduction. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports in Latin America and the Caribbean

In 2022, shipments abroad of boards, sheets, panels, or tiles of gypsum or plaster increased by X% to X square meters, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster soared to $X in 2022. Overall, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

Mexico prevails in plaster structure, resulting at X square meters, which was approx. X% of total exports in 2022. It was distantly followed by Argentina (X square meters), mixing up a X% share of total exports. The following exporters - Honduras (X square meters) and Peru (X square meters) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to board, sheet, panel, tile and similar article of plaster exports from Mexico stood at X%. At the same time, Peru (X%) and Honduras (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%) illustrated a downward trend over the same period. Mexico (X p.p.), Peru (X p.p.) and Honduras (X p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Mexico ($X) remains the largest board, sheet, panel, tile and similar article of plaster supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico stood at X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Honduras (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per square meter, rising by X% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for boards, sheets, panels, or tiles of gypsum or plaster increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per square meter), while Argentina ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports in Latin America and the Caribbean

In 2022, imports of boards, sheets, panels, or tiles of gypsum or plaster in Latin America and the Caribbean soared to X square meters, growing by X% on 2021 figures. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of reached the maximum at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster surged to $X in 2022. The total import value increased at an average annual rate of X% over the period 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

In 2022, Colombia (X square meters), Ecuador (X square meters), Costa Rica (X square meters), Chile (X square meters), Guatemala (X square meters), the Dominican Republic (X square meters), El Salvador (X square meters), Uruguay (X square meters), Panama (X square meters), Cuba (X square meters), Honduras (X square meters) and Nicaragua (X square meters) was the key importer of boards, sheets, panels, or tiles of gypsum or plaster in Latin America and the Caribbean, making up X% of total import. Mexico (X square meters) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of X%), 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 importing markets in Latin America and the Caribbean were Ecuador ($X), Costa Rica ($X) and the Dominican Republic ($X), with a combined X% share of total imports. Colombia, El Salvador, Guatemala, Panama, Chile, Cuba, Uruguay, Mexico, Nicaragua and Honduras lagged somewhat behind, together accounting for a further X%.

Panama, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. 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 importing countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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