Latin America and the Caribbean: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2025

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Latin America and the Caribbean

After three years of growth, the Latin American cement prefabricated structural components market decreased by -4.7% to $X in 2021. The market value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020, and then shrank in the following year.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Latin America and the Caribbean

In value terms, cement prefabricated structural components production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by 14%. The level of production peaked at $X in 2020, and then reduced modestly in the following year.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports in Latin America and the Caribbean

In 2021, cement prefabricated structural components exports in Latin America and the Caribbean shrank dramatically to X tons, with a decrease of -61.2% compared with the previous year. Overall, exports saw a slight contraction. The pace of growth was the most pronounced in 2020 when exports increased by 152% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, cement prefabricated structural components exports fell significantly to $X in 2021. In general, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 191% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Mexico (X tons) represented the main exporter of prefabricated structural components of cement, concrete or artificial stone, mixing up 41% of total exports. Costa Rica (X tons) held the second position in the ranking, followed by Brazil (X tons), Guatemala (X tons) and Uruguay (X tons). All these countries together took approx. 53% share of total exports. Argentina (X tons) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to cement prefabricated structural components exports from Mexico stood at -8.0%. At the same time, Uruguay (+43.1%), Argentina (+42.4%), Costa Rica (+37.2%), Brazil (+35.4%) and Guatemala (+7.8%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +43.1% from 2012-2021. From 2012 to 2021, the share of Costa Rica, Brazil, Uruguay, Guatemala and Argentina increased by +18, +13, +7.6, +7 and +2.9 percentage points, respectively.

In value terms, Mexico ($X) remains the largest cement prefabricated structural components supplier in Latin America and the Caribbean, comprising 54% of total exports. The second position in the ranking was held by Costa Rica ($X), with a 13% share of total exports. It was followed by Brazil, with an 11% share.

In Mexico, cement prefabricated structural components exports contracted by an average annual rate of -7.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Costa Rica (+19.7% per year) and Brazil (+30.6% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, growing by 22% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+8.4%), while the other leaders experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports in Latin America and the Caribbean

In 2021, after three years of decline, there was significant growth in overseas purchases of prefabricated structural components of cement, concrete or artificial stone, when their volume increased by 19% to X tons. In general, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 153%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, cement prefabricated structural components imports rose remarkably to $X in 2021. Over the period under review, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 75%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Uruguay (X tons), Panama (X tons), Chile (X tons), El Salvador (X tons), Paraguay (X tons), Guatemala (X tons), Guyana (X tons), Costa Rica (X tons), Venezuela (X tons), Argentina (X tons), Nicaragua (X tons) and Dominica (X tons) represented roughly 80% of total imports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Guyana (with a CAGR of +90.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X), Venezuela ($X) and Chile ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 27% of total imports. These countries were followed by Panama, Guatemala, Paraguay, Costa Rica, El Salvador, Dominica, Argentina, Guyana and Nicaragua, which together accounted for a further 48%.

Among the main importing countries, Guyana, with a CAGR of +59.1%, recorded the highest growth rate of 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 ton in 2021, waning by -10.3% against the previous year. Over the period under review, the import price, however, recorded tangible growth. The most prominent rate of growth was recorded in 2013 when the import price increased by 71%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Venezuela ($X per ton), while Guyana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Venezuela (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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