Latin America and the Caribbean: Blow Lamp Market 2024

Blow Lamp Market Size in Latin America and the Caribbean

After two years of growth, the Latin American blow lamp market decreased by X% to $X in 2022. In general, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then dropped in the following year.

Blow Lamp Production in Latin America and the Caribbean

In value terms, blow lamp production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Blow Lamp Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of blow lamps were finally on the rise to reach X tons after four years of decline. In general, exports, however, continue to indicate a sharp slump. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, blow lamp exports skyrocketed to $X in 2022. Overall, exports, however, showed a precipitous decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Dominican Republic was the major exporter of blow lamps in Latin America and the Caribbean, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Brazil (X kg) ranks second in terms of the total exports with an X% share, followed by Costa Rica (X%) and Uruguay (X%). The following exporters - Guatemala (X kg), Colombia (X kg) and Mexico (X kg) - together made up X% of total exports.

The Dominican Republic was also the fastest-growing in terms of the blow lamps exports, with a CAGR of X% from 2012 to 2022. At the same time, Uruguay (X%) and Brazil (X%) displayed positive paces of growth. By contrast, Costa Rica (X%), Guatemala (X%), Colombia (X%) and Mexico (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Dominican Republic, Brazil, Costa Rica, Uruguay, Guatemala and Colombia increased by X, X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Guatemala ($X), Uruguay ($X) and the Dominican Republic ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

The Dominican Republic, with a CAGR of X%, saw 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, reducing by X% against the previous year. In general, the export price, however, saw a remarkable increase. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked 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 Guatemala ($X per ton), while the Dominican Republic ($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 a decline in the export price figures.

Blow Lamp Imports

Imports in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in supplies from abroad of blow lamps, when their volume decreased by X% to X tons. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then reduced notably in the following year.

In value terms, blow lamp imports contracted remarkably to $X in 2022. In general, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, Chile (X tons) was the largest importer of blow lamps, comprising X% of total imports. Ecuador (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (X%), Argentina (X%) and Bolivia (X%). Brazil (X tons), Bahamas (X tons), El Salvador (X tons), Mexico (X tons), Peru (X tons) and Guatemala (X tons) followed a long way behind the leaders.

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

In value terms, Chile ($X) constitutes the largest market for imported blow lamps in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Argentina, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile stood at X%. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, leveling off at the previous year. Overall, the import price, however, recorded a mild setback. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform