Latin America and the Caribbean: Agricultural Watering Appliances Market 2020

Agricultural Watering Appliances Market Size in Latin America and the Caribbean

The revenue of the agricultural watering appliances market in Latin America and the Caribbean amounted to $X in 2017, waning by -X% against the previous year. The agricultural watering appliances consumption continues to indicate a strong growth. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. In that year, the agricultural watering appliances market attained their peak level of $X. From 2014 to 2017, growth of the agricultural watering appliances market stood at a somewhat lower level.

Agricultural Watering Appliances Production in Latin America and the Caribbean

In 2017, production of agricultural or horticultural watering appliances in Latin America and the Caribbean totaled X units, reducing by -X% against the previous year. The agricultural watering appliances production continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. Over the period under review, the agricultural watering appliances production attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Agricultural Watering Appliances Exports in Latin America and the Caribbean

In 2017, the amount of agricultural or horticultural watering appliances exported in Latin America and the Caribbean amounted to X units, approximately equating the previous year. The agricultural watering appliances exports continue to indicate a deep shrinkage. The growth pace was the most rapid in 2015, when it surged by X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, agricultural watering appliances exports totaled $X in 2017. The agricultural watering appliances exports continue to indicate a relatively flat trend pattern. In that year, the agricultural watering appliances exports reached their peak level of $X. From 2009 to 2017, growth of the agricultural watering appliances exports failed to regain its momentum.

Agricultural Watering Appliances Export Prices by Country in Latin America and the Caribbean

In 2017, the agricultural watering appliances export price in Latin America and the Caribbean amounted to $X per unit, going up by X% against the previous year. The agricultural watering appliances export price continues to indicate a strong growth. The pace of growth was the most pronounced in 2016, when the export prices increased by X% against the previous year. Over the period under review, the export prices for agricultural or horticultural watering appliances attained its maximum level in 2017, and is likely to see steady growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per unit), while the Dominican Republic ($X per thousand units) was amongst the lowest.

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

Agricultural Watering Appliances Imports in Latin America and the Caribbean

The imports amounted to X units in 2017, surging by X% against the previous year. The total imports indicated a measured growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the agricultural watering appliances imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. In that year, the agricultural watering appliances imports reached their peak volume of X units. From 2012 to 2017, growth of the agricultural watering appliances imports stood at a somewhat lower level.

In value terms, agricultural watering appliances imports stood at $X in 2017. The total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the agricultural watering appliances imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Agricultural Watering Appliances Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) was the key importer for agricultural or horticultural watering appliances, mixed up X% of total imports. Argentina (X units) took the second position in the ranking, followed by Brazil (X units). All these countries together took approx. X% share of total imports. The following importers - Ecuador (X units), Colombia (X units), Bolivia (X units) and Peru (X units) together made up X% of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Bolivia (+X%), Colombia (+X%), Ecuador (+X%), Peru (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Argentina (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Argentina increased by X% percentage points, while Bolivia (-X%) and Mexico (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported agricultural or horticultural watering appliances in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of global imports. It was followed by Peru, with a X% share.

In Mexico, agricultural watering appliances imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Argentina (+X% per year) and Peru (+X% per year).

Agricultural Watering Appliances Import Prices by Country in Latin America and the Caribbean

The agricultural watering appliances import price in Latin America and the Caribbean stood at $X per unit in 2017, coming down by -X% against the previous year. The import price indicated a noticeable increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the agricultural watering appliances import price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2008, when the import prices increased by X% year-to-year. In that year, the import prices for agricultural or horticultural watering appliances reached their peak level of $X per unit. From 2009 to 2017, growth of the import prices for agricultural or horticultural watering appliances failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Peru ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform