MERCOSUR: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2025

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in MERCOSUR

In 2022, the MERCOSUR market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground decreased by -0.4% to $X, falling for the second consecutive year after five years of growth. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.5% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in MERCOSUR

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground expanded slightly to $X in 2022 estimated in export price. The total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports in MERCOSUR

In 2022, overseas shipments of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 28% to X square meters, rising for the second year in a row after two years of decline. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 112% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the maximum at X square meters in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground skyrocketed to $X in 2022. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 91%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Brazil (X square meters) represented the largest exporter of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground, achieving 72% of total exports. Colombia (X square meters) ranks second in terms of the total exports with a 15% share, followed by Argentina (12%).

Exports from Brazil increased at an average annual rate of +20.2% from 2012 to 2022. At the same time, Colombia (+21.4%) and Argentina (+9.6%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +21.4% from 2012-2022. Brazil (+49 p.p.), Colombia (+11 p.p.) and Argentina (+2.2 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier in MERCOSUR, comprising 80% of total exports. The second position in the ranking was taken by Colombia ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled +23.3%. In the other countries, the average annual rates were as follows: Colombia (+17.4% per year) and Argentina (+5.8% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per square meter, rising by 8.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2017 when the export price increased by 11%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per square meter), while Argentina ($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 Brazil (+2.6%), while the other leaders experienced a decline in the export price figures.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports in MERCOSUR

In 2022, the amount of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground imported in MERCOSUR contracted notably to X square meters, waning by -27.6% on 2021. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 101%. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs at X square meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground fell notably to $X in 2022. In general, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 144% against the previous year. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Peru was the largest importer of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in MERCOSUR, with the volume of imports resulting at X square meters, which was near 39% of total imports in 2022. Ecuador (X square meters) ranks second in terms of the total imports with a 22% share, followed by Argentina (8.7%), Colombia (6.6%), Chile (6.4%), Paraguay (5.6%) and Uruguay (5%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Ecuador (with a CAGR of +7.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Ecuador ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2022, with a combined 65% share of total imports. Chile, Paraguay, Colombia and Uruguay lagged somewhat behind, together comprising a further 29%.

In terms of the main importing countries, Paraguay, with a CAGR of +9.1%, recorded the highest rates of growth with regard to 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 MERCOSUR stood at $X per square meter in 2022, growing by 5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2021 when the import price increased by 22% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Paraguay ($X per square meter), while Ecuador ($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 Chile (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform