Latin America and the Caribbean: Breathing Appliances Market 2024

Breathing Appliances Market Size in Latin America and the Caribbean

In 2022, the Latin American breathing appliances market decreased by X% to $X, falling for the second year in a row after nine years of growth. Over the period under review, consumption, however, continues to indicate a resilient increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Breathing Appliances Production in Latin America and the Caribbean

In value terms, breathing appliances production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Breathing Appliances Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of breathing appliances and gas masks decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, breathing appliances exports totaled $X in 2022. In general, exports recorded a slight contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Mexico prevails in exports structure, amounting to X units, which was near X% of total exports in 2022. The Dominican Republic (X units), Chile (X units) and Brazil (X units) followed a long way behind the leaders.

Exports from Mexico decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Dominican Republic (X%), Chile (X%) and Brazil (X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. The Dominican Republic (X p.p.), Chile (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Mexico ($X) remains the largest breathing appliances supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mexico totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, rising by X% against the previous year. Overall, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 the Dominican Republic ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Breathing Appliances Imports

Imports in Latin America and the Caribbean

In 2022, approx. X units of breathing appliances and gas masks were imported in Latin America and the Caribbean; which is down by X% on 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, breathing appliances imports rose to $X in 2022. In general, imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Chile (X units), Mexico (X units), Peru (X units) and Colombia (X units) represented roughly X% of total imports in 2022. Brazil (X units) held the next position in the ranking, followed by Bolivia (X units). All these countries together took near X% share of total imports. Guatemala (X units), Ecuador (X units), Argentina (X units) and Costa Rica (X units) followed a long way behind the leaders.

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

In value terms, Mexico ($X), Peru ($X) and Chile ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Colombia, Brazil, Argentina, Ecuador, Guatemala, Costa Rica and Bolivia lagged somewhat behind, together accounting for a further X%.

Costa Rica, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 unit, picking up by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :