Latin America and the Caribbean: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Latin America and the Caribbean

In 2020, the Latin American market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased by X% to $X for the first time since 2016, thus ending a three-year declining trend. The total consumption indicated a noticeable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Latin America and the Caribbean

In value terms, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses surged to $X in 2020 estimated in export prices. The total production indicated pronounced growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in 2020 were Brazil (X square meters), Mexico (X square meters) and Colombia (X square meters), with a combined X% share of total production. These countries were followed by Peru and Costa Rica, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, amongst the main producing countries, was attained by Costa Rica, while production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses for the other leaders experienced mixed trends in the production figures.

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded decline in shipments abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, which decreased by -X% to X square meters in 2020. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X square meters in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses dropped significantly to $X in 2020. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The level of export peaked at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Mexico (X square meters) represented the key exporter of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, achieving X% of total exports. It was distantly followed by Brazil (X square meters), achieving a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Mexico stood at -X%. Brazil (-X%) illustrated a downward trend over the same period. Brazil (+X p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Mexico ($X) remains the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in Mexico stood at -X%.

Export Prices by Country

The export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Latin America and the Caribbean stood at $X per square meter in 2020, growing by X% against the previous year. Export price indicated a noticeable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Mexico ($X per square meter), while Brazil totaled $X per square meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico.

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports in Latin America and the Caribbean

In 2020, approx. X square meters of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses were imported in Latin America and the Caribbean; picking up by X% on 2019. Total imports indicated a mild expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the maximum at X square meters in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses surged to $X in 2020. Total imports indicated slight growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Mexico (X square meters) represented the key importer of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, creating X% of total imports. Argentina (X square meters) took the second position in the ranking, followed by Venezuela (X square meters) and Brazil (X square meters). All these countries together held approx. X% share of total imports. The following importers - Chile (X square meters), Colombia (X square meters), the Dominican Republic (X square meters) and Bolivia (X square meters) - together made up X% of total imports.

Mexico experienced a relatively flat trend pattern with regard to volume of imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses. At the same time, Bolivia (+X%), Chile (+X%), the Dominican Republic (+X%), Argentina (+X%), Colombia (+X%) and Venezuela (+X%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Argentina and Chile increased by +X% and +X% percentage points, while Brazil (-X p.p.) and Mexico (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Mexico, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Argentina (-X% per year).

Import Prices by Country

In 2020, the import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Latin America and the Caribbean amounted to $X per square meter, increasing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per square meter. from 2009 to 2020, the growth in terms of the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Dominican Republic ($X per square meter), while Argentina ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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