Latin America and the Caribbean: Built-In Refrigerator Market 2020

Built-In Refrigerator Market Size in Latin America and the Caribbean

The revenue of the built-in refrigerator market in Latin America and the Caribbean amounted to $X in 2017, remaining stable against the previous year. The built-in refrigerator consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. Over the period under review, the built-in refrigerator market attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Built-In Refrigerator Production in Latin America and the Caribbean

In 2017, approx. X units of compression-type built-in refrigerators were produced in Latin America and the Caribbean; falling by -X% against the previous year. The built-in refrigerator production continues to indicate a drastic curtailment. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. The volume of built-in refrigerator production peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Built-In Refrigerator Exports in Latin America and the Caribbean

The exports amounted to X units in 2017, going down by -X% against the previous year. The built-in refrigerator exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2011, when exports increased by X% year-to-year. Over the period under review, the built-in refrigerator exports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, built-in refrigerator exports totaled $X in 2017. The built-in refrigerator exports continue to indicate an abrupt drop. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Built-In Refrigerator Exports by Country in Latin America and the Caribbean

Mexico represented the largest exporting country with an export of around X units, which recorded X% of total exports. Colombia (X units) ranks second in terms of the global exports with a X% share, followed by Panama (X%) and Brazil (X%). Costa Rica (X units) followed a long way behind the leaders.

Exports from Mexico decreased at an average annual rate of -X% from 2007 to 2017. Panama (-X%), Colombia (-X%), Brazil (-X%) and Costa Rica (-X%) illustrated a downward trend over the same period. Mexico (X%), Costa Rica (X%), Colombia (X%), Brazil (X%) and Panama (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest built-in refrigerator supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Colombia ($X), with a X% share of global exports. It was followed by Costa Rica, with a X% share.

In Mexico, built-in refrigerator exports shrank by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (-X% per year) and Costa Rica (-X% per year).

Built-In Refrigerator Export Prices by Country in Latin America and the Caribbean

The built-in refrigerator export price in Latin America and the Caribbean stood at $X per unit in 2017, going down by -X% against the previous year. The built-in refrigerator export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when the export prices increased by X% year-to-year. The level of export price peaked of $X per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mexico ($X per unit), while Colombia ($X per unit) was amongst the lowest.

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

Built-In Refrigerator Imports in Latin America and the Caribbean

In 2017, approx. X units of compression-type built-in refrigerators were imported in Latin America and the Caribbean; increasing by X% against the previous year. The built-in refrigerator imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The volume of imports peaked of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, built-in refrigerator imports stood at $X in 2017. The built-in refrigerator imports continue to indicate a mild reduction. In that year, the built-in refrigerator imports reached their peak level of $X. From 2009 to 2017, growth of the built-in refrigerator imports stood at a somewhat lower level.

Built-In Refrigerator Imports by Country in Latin America and the Caribbean

The imports of the ten major importers of compression-type built-in refrigerators, namely Mexico, Colombia, Honduras, Venezuela, Chile, the Dominican Republic, Peru, Nicaragua, Bolivia and Jamaica, represented more than two-thirds of total import.

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

In value terms, Colombia ($X), Venezuela ($X) and Honduras ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports.

Colombia (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Built-In Refrigerator Import Prices by Country in Latin America and the Caribbean

The built-in refrigerator import price in Latin America and the Caribbean stood at $X per unit in 2017, falling by -X% against the previous year. The built-in refrigerator import price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for compression-type built-in refrigerators reached its peak figure level of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Venezuela ($X per unit), while Mexico ($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 Venezuela (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform