Latin America and the Caribbean: Glass Optical Elements Market 2020

Glass Optical Elements Market Size in Latin America and the Caribbean

The revenue of the glass optical elements market in Latin America and the Caribbean amounted to $X in 2017, lowering 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 throughout the analyzed period. The growth pace was the most rapid in 2008, when market value increased by X% against the previous year. Over the period under review, the glass optical elements market reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Glass Optical Elements Production in Latin America and the Caribbean

In 2017, the amount of signalling glassware and optical elements of glass produced in Latin America and the Caribbean amounted to X units, falling by -X% against the previous year. The glass optical elements production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. The volume of glass optical elements production peaked of X units in 2016, and then declined slightly in the following year.

Glass Optical Elements Exports in Latin America and the Caribbean

In 2017, glass optical elements exports in Latin America and the Caribbean stood at X units, remaining stable against the previous year. The glass optical elements exports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2012, with an increase of X% y-o-y. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, glass optical elements exports amounted to $X in 2017. The glass optical elements exports continue to indicate a slight curtailment. Over the period under review, the glass optical elements exports reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Glass Optical Elements Exports by Country in Latin America and the Caribbean

Mexico prevails in glass optical elements exports structure, resulting at X units, which was near X% of total exports in 2017. Brazil (X units) and Costa Rica (X units) followed a long way behind the leaders.

Exports from Mexico decreased 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. While the share of Mexico (X%) and Brazil (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, glass optical elements 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: Costa Rica (+X% per year) and Brazil (-X% per year).

Glass Optical Elements Export Prices by Country in Latin America and the Caribbean

In 2017, the glass optical elements export price in Latin America and the Caribbean amounted to $X per thousand units, declining by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. The level of export price peaked of $X per thousand units in 2014; however, from 2015 to 2017, it 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 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 a decline in the export price figures.

Glass Optical Elements Imports in Latin America and the Caribbean

In 2017, the amount of signalling glassware and optical elements of glass imported in Latin America and the Caribbean amounted to X units, increasing by X% against the previous year. The total imports indicated a moderate increase 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 glass optical elements imports decreased by -X% against 2012 indices. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Over the period under review, the glass optical elements imports reached its maximum volume of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, glass optical elements imports totaled $X in 2017. The total imports indicated a strong growth 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. Based on 2017 figures, the glass optical elements imports decreased by -X% against 2015 indices. Over the period under review, the glass optical elements imports attained its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Glass Optical Elements Imports by Country in Latin America and the Caribbean

Mexico (X units) and Brazil (X units) represented roughly X% of total imports of signalling glassware and optical elements of glass in 2017. It was distantly followed by Argentina (X units), making up X% share of total imports. The following importers - Peru (X units), the Dominican Republic (X units), Chile (X units), Ecuador (X units), Colombia (X units), Panama (X units) and Guatemala (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Chile (+X% per year), while the other leaders experienced more modest paces of growth.

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

In Mexico, glass optical elements imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Argentina (+X% per year).

Glass Optical Elements Import Prices by Country in Latin America and the Caribbean

The glass optical elements import price in Latin America and the Caribbean stood at $X per thousand units in 2017, declining by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the import prices for signalling glassware and optical elements of glass attained its maximum level of $X per thousand units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

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

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

Source: IndexBox Platform