Latin America and the Caribbean: Insulated Coaxial Cable Market 2024

Insulated Coaxial Cable Market Size in Latin America and the Caribbean

In 2023, the Latin American insulated coaxial cable market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption recorded a pronounced shrinkage. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Insulated Coaxial Cable Production in Latin America and the Caribbean

In value terms, insulated coaxial cable production fell slightly to $X in 2023 estimated in export price. Over the period under review, production, however, saw a noticeable setback. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Insulated Coaxial Cable Exports

Exports in Latin America and the Caribbean

In 2023, overseas shipments of insulated coaxial cables decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, insulated coaxial cable exports reached $X in 2023. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Mexico represented the major exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Brazil (X tons), constituting an X% share of total exports. Honduras (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to insulated coaxial cable exports from Mexico stood at X%. At the same time, Honduras (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Honduras emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. Mexico (X p.p.), Brazil (X p.p.) and Honduras (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest insulated coaxial cable supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports.

In Mexico, insulated coaxial cable exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Honduras (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a 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 Mexico ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Insulated Coaxial Cable Imports

Imports in Latin America and the Caribbean

In 2023, overseas purchases of insulated coaxial cables decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports recorded a pronounced decline. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, insulated coaxial cable imports declined to $X in 2023. Over the period under review, imports recorded a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Mexico represented the largest importing country with an import of about X tons, which resulted at X% of total imports. Argentina (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (X%), Colombia (X%), Peru (X%) and Chile (X%). Nicaragua (X tons), Guatemala (X tons), Honduras (X tons) and Costa Rica (X tons) followed a long way behind the leaders.

Mexico experienced a relatively flat trend pattern with regard to volume of imports of insulated coaxial cables. At the same time, Nicaragua (X%) displayed positive paces of growth. Moreover, Nicaragua emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. Peru, Honduras and Guatemala experienced a relatively flat trend pattern. By contrast, Colombia (X%), Argentina (X%), Chile (X%), Costa Rica (X%) and Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Mexico, Peru and Nicaragua increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported insulated coaxial cables in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with an X% share of total imports. It was followed by Nicaragua, with an X% share.

In Mexico, insulated coaxial cable 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: Brazil (X% per year) and Nicaragua (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2023, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices hit record highs in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Nicaragua ($X per ton), while Peru ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform