Latin America and the Caribbean: Non-Propelled Vehicle Body Market 2020

Non-Propelled Vehicle Body Market Size in Latin America and the Caribbean

The revenue of the non-propelled vehicle body market in Latin America and the Caribbean amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a remarkable growth 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. Based on 2017 figures, the non-propelled vehicle body consumption decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2017, when it surged by X% year-to-year. Over the period under review, the non-propelled vehicle body market attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Non-Propelled Vehicle Body Production in Latin America and the Caribbean

In 2017, production of bodies of vehicles which are not mechanically propelled in Latin America and the Caribbean stood at X tons, waning by -X% against the previous year. The non-propelled vehicle body production continues to indicate a significant slump. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. In that year, the non-propelled vehicle body production attained their peak volume of X tons. From 2010 to 2017, growth of the non-propelled vehicle body production stood at a somewhat lower level.

Non-Propelled Vehicle Body Exports in Latin America and the Caribbean

In 2017, the amount of bodies of vehicles which are not mechanically propelled exported in Latin America and the Caribbean totaled X tons, waning by -X% against the previous year. The non-propelled vehicle body exports continue to indicate a significant decrease. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the non-propelled vehicle body exports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, non-propelled vehicle body exports totaled $X in 2017. The non-propelled vehicle body exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Non-Propelled Vehicle Body Exports by Country in Latin America and the Caribbean

Mexico (X tons) and Brazil (X tons) prevails in non-propelled vehicle body exports structure, together achieving X% of total exports. Argentina (X tons), Guatemala (X tons) and Chile (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest non-propelled vehicle body supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and Argentina (-X% per year).

Non-Propelled Vehicle Body Export Prices by Country in Latin America and the Caribbean

The non-propelled vehicle body export price in Latin America and the Caribbean stood at $X per ton in 2017, growing by X% against the previous year. The export price indicated a tangible 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 non-propelled vehicle body export price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2017, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mexico ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Non-Propelled Vehicle Body Imports in Latin America and the Caribbean

In 2017, imports of bodies of vehicles which are not mechanically propelled in Latin America and the Caribbean totaled X tons, going up by X% against the previous year. The non-propelled vehicle body imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010, when imports increased by X% year-to-year. Over the period under review, the non-propelled vehicle body imports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, non-propelled vehicle body imports amounted to $X in 2017. The non-propelled vehicle body imports continue to indicate a remarkable growth. Over the period under review, the non-propelled vehicle body imports reached its maximum level in 2017, and are likely to see steady growth in the near future.

Non-Propelled Vehicle Body Imports by Country in Latin America and the Caribbean

Mexico represented the key importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Brazil (X tons) and Chile (X tons), together constituting X% share of total imports. The following importers - Peru (X tons), Argentina (X tons) and Colombia (X tons) 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, Brazil (+X%), Peru (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Colombia (-X%) and Argentina (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Argentina increased by X% percentage points, while Chile (-X%), Peru (-X%), Brazil (-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 ($X) constitutes the largest market for imported bodies of vehicles which are not mechanically propelled in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Chile ($X), with a X% share of global imports. It was followed by Brazil, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Brazil (+X% per year).

Non-Propelled Vehicle Body Import Prices by Country in Latin America and the Caribbean

The non-propelled vehicle body import price in Latin America and the Caribbean stood at $X per ton in 2017, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Mexico ($X per ton), while Brazil ($X per ton) 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