Latin America and the Caribbean: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Latin America and the Caribbean

For the third consecutive year, the Latin American market for building blocks and bricks of cement, concrete or artificial stone recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Latin America and the Caribbean

In value terms, production of building blocks and bricks of cement, concrete or artificial stone stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports in Latin America and the Caribbean

In 2022, exports of building blocks and bricks of cement, concrete or artificial stone in Latin America and the Caribbean expanded markedly to X tons, rising by X% against 2021 figures. Total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone skyrocketed to $X in 2022. Total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

El Salvador (X tons), Mexico (X tons) and the Dominican Republic (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Argentina (X tons), comprising a X% share of total exports. Brazil (X tons) followed a long way behind the leaders.

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

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone supplying countries in Latin America and the Caribbean were Mexico ($X), the Dominican Republic ($X) and El Salvador ($X), with a combined X% share of total exports. Argentina and Brazil lagged somewhat behind, together comprising a further X%.

Argentina, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries 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 2022, surging by X% against the previous year. In general, the export price showed a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Argentina ($X per ton), while El Salvador ($X per ton) was amongst the lowest.

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

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports in Latin America and the Caribbean

In 2022, the amount of building blocks and bricks of cement, concrete or artificial stone imported in Latin America and the Caribbean rose sharply to X tons, surging by X% compared with 2021 figures. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone skyrocketed to $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Honduras (X tons) was the major importer of building blocks and bricks of cement, concrete or artificial stone, mixing up X% of total imports. Turks and Caicos Islands (X tons) held the second position in the ranking, followed by Uruguay (X tons) and Peru (X tons). All these countries together held near X% share of total imports. Bahamas (X tons), Cayman Islands (X tons) and Haiti (X tons) followed a long way behind the leaders.

Imports into Honduras increased at an average annual rate of X% from 2012 to 2022. At the same time, Uruguay (X%), Peru (X%), Turks and Caicos Islands (X%), Cayman Islands (X%) and Bahamas (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Haiti (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uruguay, Turks and Caicos Islands, Peru and Cayman Islands increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uruguay ($X), Honduras ($X) and Turks and Caicos Islands ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Turks and Caicos Islands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 Latin America and the Caribbean stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced slump. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bahamas ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turks and Caicos Islands (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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