MERCOSUR: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in MERCOSUR

The MERCOSUR multiple-walled insulating glass unit market rose modestly to $X in 2021, increasing by 4.8% against the previous year. In general, consumption, however, recorded a noticeable decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Multiple-Walled Insulating Units Of Glass in MERCOSUR

In value terms, multiple-walled insulating glass unit production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2019 with an increase of 17%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Multiple-Walled Insulating Units Of Glass

Exports in MERCOSUR

In 2021, multiple-walled insulating glass unit exports in MERCOSUR reduced rapidly to X square meters, waning by -16.8% compared with 2020. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 186%. As a result, the exports reached the peak of X square meters. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, multiple-walled insulating glass unit exports reduced dramatically to $X in 2021. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 175% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Brazil (X square meters) and Chile (X square meters) were the main exporters of multiple-walled insulating units of glass in MERCOSUR, together creating 82% of total exports. It was distantly followed by Colombia (X square meters), creating a 13% share of total exports. Peru (X square meters) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Brazil (with a CAGR of +53.4%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Colombia ($X) were the countries with the highest levels of exports in 2021, with a combined 95% share of total exports. Peru lagged somewhat behind, comprising a further 3.9%.

In terms of the main exporting countries, Peru, with a CAGR of +30.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per square meter in 2021, waning by -19.1% against the previous year. Overall, the export price showed a slight shrinkage. The growth pace was the most rapid in 2016 an increase of 18%. As a result, the export price reached the peak level of $X per square meter. From 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per square meter), while Brazil ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+1.8%), while the other leaders experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports in MERCOSUR

In 2021, after two years of decline, there was significant growth in supplies from abroad of multiple-walled insulating units of glass, when their volume increased by 54% to X square meters. In general, imports, however, saw a noticeable slump. The growth pace was the most rapid in 2015 with an increase of 74%. Over the period under review, imports hit record highs at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, multiple-walled insulating glass unit imports shrank rapidly to $X in 2021. Overall, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 120%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Brazil (X square meters) and Colombia (X square meters) represented the largest importers of multiple-walled insulating units of glass in 2021, resulting at approx. 30% and 29% of total imports, respectively. Chile (X square meters) held the next position in the ranking, followed by Argentina (X square meters), Uruguay (X square meters) and Ecuador (X square meters). All these countries together took near 36% share of total imports. Guyana (X square meters) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Ecuador (with a CAGR of +56.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest multiple-walled insulating glass unit importing markets in MERCOSUR were Colombia ($X), Brazil ($X) and Chile ($X), together accounting for 66% of total imports. Argentina, Uruguay, Ecuador and Guyana lagged somewhat behind, together comprising a further 31%.

Ecuador, with a CAGR of +51.1%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in MERCOSUR stood at $X per square meter in 2021, waning by -52.7% against the previous year. Over the period under review, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 an increase of 36% against the previous year. As a result, import price attained the peak level of $X per square meter, and then reduced notably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform