The biggest-selling Latin albums of 2012 were mostly supplied by young, emerging stars, with Romeo Santos, Prince Royce and 3BallMTY leading the sales list, according to Billboard's year-end recap.

The year's top-selling album was Santos' bachata record 'Formula: Vol. 1,' which spawned four No. 1 hits on the Hot Latin Songs chart in the past two years, including 'La Diabla,' 'Mi Santa,' and the Usher-assisted 'Promise.' Royce followed at No. 2 with 'Phase II,' while Mexican trio 3BallMTY finished third with their debut, 'Intentalo.'

Each of the top three is a relative newcomer. 3BallMTY just won the Latin Grammy Award for Best New Artist from a field of 10 nominees. Royce's album was only his second, and Santos' chart-topper was his solo debut, though he created hits for years prior to that as a member of Adventura.

Coming in fourth on the albums list was 'Joyas Prestadas' by the late Jenni Rivera, who tragically passed away just last week in a plane crash in Mexico. Puerto Rican reggaeton star Don Omar placed No. 5 with 'Don Omar Presents MTO2: New Generation.'

A separate list of the top-selling Latin artists of the year, taking into account artists' entire career output, featured Omar at the top of the list, followed by Shakira in second place.

Watch the Romeo Santos 'You' Video