Latin America and the Caribbean: Barbed Wire Market 2024

Barbed Wire Market Size in Latin America and the Caribbean

In 2022, the Latin American barbed wire market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then shrank slightly in the following year.

Barbed Wire Production in Latin America and the Caribbean

In value terms, barbed wire production expanded sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. The level of production peaked in 2022 and is likely to see steady growth in the near future.

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Barbed Wire Exports

Exports in Latin America and the Caribbean

In 2022, the amount of barbed wire and entanglements exported in Latin America and the Caribbean totaled X tons, surging by X% compared with 2021 figures. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, barbed wire exports soared to $X in 2022. Total exports indicated mild growth 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 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Guatemala (X tons) and Mexico (X tons) represented the major exporters of barbed wire and entanglements in 2022, amounting to approx. X% and X% of total exports, respectively. It was distantly followed by Brazil (X tons), Costa Rica (X tons), the Dominican Republic (X tons) and Peru (X tons), together comprising a X% share of total exports. El Salvador (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Guatemala (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest barbed wire supplying countries in Latin America and the Caribbean were Mexico ($X), Guatemala ($X) and Costa Rica ($X), with a combined X% share of total exports.

Guatemala, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

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

Barbed Wire Imports

Imports in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in overseas purchases of barbed wire and entanglements, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then plummeted in the following year.

In value terms, barbed wire imports reduced to $X in 2022. Total imports indicated perceptible growth 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 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Honduras (X tons), Nicaragua (X tons), Peru (X tons), Brazil (X tons), the Dominican Republic (X tons), Bolivia (X tons), Costa Rica (X tons), Paraguay (X tons), Chile (X tons), El Salvador (X tons), Panama (X tons) and Haiti (X tons) was the main importer of barbed wire and entanglements in Latin America and the Caribbean, comprising X% of total import.

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

In value terms, the largest barbed wire importing markets in Latin America and the Caribbean were Honduras ($X), the Dominican Republic ($X) and Nicaragua ($X), with a combined X% share of total imports. Brazil, Bolivia, Costa Rica, Peru, Haiti, Chile, El Salvador, Panama and Paraguay lagged somewhat behind, together comprising a further X%.

Panama, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Haiti ($X per ton), while Peru ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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