MERCOSUR: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in MERCOSUR

The MERCOSUR market for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X in 2021, stabilizing at the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in MERCOSUR

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by 13% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports in MERCOSUR

In 2021, approx. X tons of tiles, flagstones and similar articles of cement, concrete or artificial stone were exported in MERCOSUR; rising by 64% compared with 2020 figures. Over the period under review, exports, however, recorded a mild descent. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone soared to $X in 2021. Overall, exports, however, continue to indicate a noticeable reduction. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina prevails in stone structure, resulting at X tons, which was approx. 87% of total exports in 2021. It was distantly followed by Colombia (X tons), generating a 7.1% share of total exports. Brazil (X tons) followed a long way behind the leaders.

Argentina was also the fastest-growing in terms of the tiles, flagstones and similar articles of cement, concrete or artificial stone exports, with a CAGR of +5.3% from 2012 to 2021. Brazil (-2.9%) and Colombia (-20.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Argentina increased by +41 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier in MERCOSUR, comprising 78% of total exports. The second position in the ranking was taken by Brazil ($X), with a 9.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Argentina amounted to +3.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+0.7% per year) and Colombia (-21.8% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, rising by 8.9% against the previous year. In general, the export price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the export price increased by 12%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Brazil ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+3.7%), while the other leaders experienced a decline in the export price figures.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports in MERCOSUR

Imports of tiles, flagstones and similar articles of cement, concrete or artificial stone surged to X tons in 2021, increasing by 22% compared with 2020. In general, imports posted a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 40%. Over the period under review, imports of attained the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone surged to $X in 2021. Over the period under review, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil represented the largest importing country with an import of around X tons, which accounted for 64% of total imports. Argentina (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (7.1%), Chile (6%) and Uruguay (4.9%).

Imports into Brazil increased at an average annual rate of +8.5% from 2012 to 2021. At the same time, Colombia (+22.9%), Argentina (+19.4%) and Chile (+18.1%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +22.9% from 2012-2021. By contrast, Uruguay (-5.8%) illustrated a downward trend over the same period. Argentina (+7.2 p.p.), Colombia (+4.8 p.p.) and Chile (+3.2 p.p.) significantly strengthened its position in terms of the total imports, while Uruguay saw its share reduced by -12.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported tiles, flagstones and similar articles of cement, concrete or artificial stone in MERCOSUR, comprising 58% of total imports. The second position in the ranking was taken by Argentina ($X), with a 20% share of total imports. It was followed by Chile, with a 6.9% share.

In Brazil, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone expanded at an average annual rate of +6.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+16.6% per year) and Chile (+21.1% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, increasing by 33% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Argentina ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+2.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform