MERCOSUR: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in MERCOSUR

The MERCOSUR market for float glass and surface ground or polished glass dropped to $X in 2022, flattening at the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Production of Float Glass And Surface Ground or Polished Glass in MERCOSUR

In value terms, production of float glass and surface ground or polished glass contracted modestly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Exports of Float Glass And Surface Ground or Polished Glass

Exports in MERCOSUR

In 2022, shipments abroad of float glass and surface ground or polished glass increased by X% to X square meters, rising for the second year in a row after five years of decline. Over the period under review, exports posted a moderate expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports of hit record highs at X square meters in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass surged to $X in 2022. In general, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil prevails in glass structure, accounting for X square meters, which was approx. X% of total exports in 2022. Colombia (X square meters) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the float glass and surface ground or polished glass exports, with a CAGR of X% from 2012 to 2022. Colombia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Brazil increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest float glass and surface ground or polished glass supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled X%.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per square meter, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

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 Colombia ($X per square meter), while Brazil amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%).

Imports of Float Glass And Surface Ground or Polished Glass

Imports in MERCOSUR

In 2022, the amount of float glass and surface ground or polished glass imported in MERCOSUR declined markedly to X square meters, with a decrease of X% on 2021. Over the period under review, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of hit record highs at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of float glass and surface ground or polished glass fell to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Peru was the key importer of float glass and surface ground or polished glass in MERCOSUR, with the volume of imports accounting for X square meters, which was approx. X% of total imports in 2022. It was distantly followed by Colombia (X square meters), Ecuador (X square meters), Argentina (X square meters), Chile (X square meters) and Brazil (X square meters), together generating a X% share of total imports. Paraguay (X square meters) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest float glass and surface ground or polished glass importing markets in MERCOSUR were Peru ($X), Colombia ($X) and Ecuador ($X), together comprising X% of total imports. Argentina, Chile, Brazil and Paraguay lagged somewhat behind, together comprising a further X%.

Paraguay, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in MERCOSUR amounted to $X per square meter, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Paraguay ($X per square meter) and Argentina ($X per square meter), while Colombia ($X per square meter) and Chile ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform