Latin America and the Caribbean: Balled Unworked Glass Market 2020

Balled Unworked Glass Market Size in Latin America and the Caribbean

The revenue of the balled unworked glass market in Latin America and the Caribbean amounted to $X in 2017, dropping by -X% against the previous year. The balled unworked glass consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when market value increased by X% against the previous year. Over the period under review, the balled unworked glass market reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Balled Unworked Glass Production in Latin America and the Caribbean

In 2017, the amount of unworked glass in balls or rods produced in Latin America and the Caribbean amounted to X tons, approximately equating the previous year. The balled unworked glass production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, with an increase of X% y-o-y. The volume of balled unworked glass production peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Balled Unworked Glass Exports in Latin America and the Caribbean

In 2017, approx. X tons of unworked glass in balls or rods were exported in Latin America and the Caribbean; reducing by -X% against the previous year. The balled unworked glass exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. Over the period under review, the balled unworked glass exports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, balled unworked glass exports totaled $X in 2017. The balled unworked glass exports continue to indicate a precipitous decline. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Balled Unworked Glass Exports by Country in Latin America and the Caribbean

Brazil dominates balled unworked glass exports structure, finishing at X tons, which was approx. X% of total exports in 2017. Antigua and Barbuda (X tons) occupied the second position in the ranking, followed by Mexico (X tons), Costa Rica (X tons), Panama (X tons) and Saint Vincent and the Grenadines (X tons). All these countries together held approx. X% share of total exports. Venezuela (X tons) took the weak share of total exports.

Exports from Brazil decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Venezuela (+X%), Saint Vincent and the Grenadines (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Antigua and Barbuda (-X%), Costa Rica (-X%) and Panama (-X%) illustrated a downward trend over the same period. While the share of Brazil (X%), Panama (X%), Antigua and Barbuda (X%) and Costa Rica (X%) increased significantly in terms of the global exports from 2007-2017, the share of Mexico (-X%), Venezuela (-X%) and Saint Vincent and the Grenadines (-X%) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest balled unworked glass supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Panama ($X), with a X% share of global exports. It was followed by Saint Vincent and the Grenadines, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Brazil totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Panama (+X% per year) and Saint Vincent and the Grenadines (+X% per year).

Balled Unworked Glass Export Prices by Country in Latin America and the Caribbean

In 2017, the balled unworked glass export price in Latin America and the Caribbean amounted to $X per kg, reducing by -X% against the previous year. The balled unworked glass export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when the export prices increased by X% year-to-year. Over the period under review, the export prices for unworked glass in balls or rods attained its maximum level of $X per kg in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Panama ($X per kg), while Costa Rica ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Panama (+X% per year), while the other leaders experienced more modest paces of growth.

Balled Unworked Glass Imports in Latin America and the Caribbean

The imports amounted to X tons in 2017, rising by X% against the previous year. The balled unworked glass imports continue to indicate a remarkable growth. The growth pace was the most rapid in 2013, when it surged by X% y-o-y. Over the period under review, the balled unworked glass imports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, balled unworked glass imports stood at $X in 2017. The balled unworked glass imports continue to indicate a notable expansion. Over the period under review, the balled unworked glass imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Balled Unworked Glass Imports by Country in Latin America and the Caribbean

In 2017, Brazil (X tons) was the major importer for unworked glass in balls or rods, generating X% of total imports. It was distantly followed by Mexico (X tons) and Colombia (X tons), together making up X% share of total imports. Argentina (X tons) followed a long way behind the leaders.

Brazil was also the fastest growing in terms of the unworked glass in balls or rods imports, with a CAGR of +X% from 2007 to 2017. At the same time, Mexico (+X%) and Colombia (+X%) displayed positive paces of growth. By contrast, Argentina (-X%) illustrated a downward trend over the same period. While the share of Colombia (-X%), Mexico (-X%) and Brazil (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported unworked glass in balls or rods in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Colombia, with a X% share.

In Brazil, balled unworked glass imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and Colombia (+X% per year).

Balled Unworked Glass Import Prices by Country in Latin America and the Caribbean

The balled unworked glass import price in Latin America and the Caribbean stood at $X per ton in 2017, falling by -X% against the previous year. The balled unworked glass import price continues to indicate a drastic setback. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Brazil ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Colombia (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform