Latin America and the Caribbean: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Latin America and the Caribbean

The Latin American ceramic household article market contracted to $X in 2023, with a decrease of X% against the previous year. Overall, consumption continues to indicate a mild downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Ceramic Household Article Production in Latin America and the Caribbean

In value terms, ceramic household article production contracted to $X in 2023 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Ceramic Household Article Exports

Exports in Latin America and the Caribbean

In 2023, shipments abroad of ceramic household articles and toilet articles decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Total exports indicated measured growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2022, and then declined in the following year.

In value terms, ceramic household article exports fell slightly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2022, and then fell modestly in the following year.

Exports by Country

In 2023, Mexico (X tons) represented the major exporter of ceramic household articles and toilet articles, achieving X% of total exports. Brazil (X tons) ranks second in terms of the total exports with a X% share, followed by Colombia (X%). Chile (X tons) and Ecuador (X tons) held a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Colombia ($X) and Brazil ($X) were the countries with the highest levels of exports in 2023, together comprising X% of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of X%, recorded 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 Latin America and the Caribbean stood at $X per ton in 2023, approximately equating the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced a decline in the export price figures.

Ceramic Household Article Imports

Imports in Latin America and the Caribbean

In 2023, the amount of ceramic household articles and toilet articles imported in Latin America and the Caribbean dropped to X tons, falling by X% on the previous year's figure. In general, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, ceramic household article imports dropped rapidly to $X in 2023. Over the period under review, imports showed a mild descent. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then dropped notably in the following year.

Imports by Country

Peru (X tons) and Mexico (X tons) represented roughly X% of total imports in 2023. Brazil (X tons) ranks next in terms of the total imports with an X% share, followed by Guatemala (X%), Chile (X%), Bolivia (X%) and Colombia (X%). The following importers - Paraguay (X tons), Argentina (X tons), the Dominican Republic (X tons), Ecuador (X tons), Venezuela (X tons) and Costa Rica (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for the Dominican Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported ceramic household articles and toilet articles in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with an X% share of total imports. It was followed by Brazil, with an X% share.

In Mexico, ceramic household article imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Peru (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2023, the import price in Latin America and the Caribbean amounted to $X per ton, dropping by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Venezuela ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform