Latin America and the Caribbean: Vapour Power Unit Market 2024

Vapour Power Unit Market Size in Latin America and the Caribbean

The Latin American vapour power unit market surged to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Vapour Power Unit Production in Latin America and the Caribbean

In value terms, vapour power unit production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Vapour Power Unit Exports

Exports in Latin America and the Caribbean

Vapour power unit exports soared to X tons in 2022, with an increase of X% against the year before. Over the period under review, exports, however, recorded a dramatic downturn. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vapour power unit exports soared to $X in 2022. Overall, exports, however, recorded a deep downturn. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil was the main exporting country with an export of about X tons, which resulted at X% of total exports. Panama (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Suriname (X%). Peru (X tons) and Guatemala (X tons) held a little share of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Panama (X%) and Peru (X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Suriname experienced a relatively flat trend pattern. By contrast, Guatemala (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.), Panama (X p.p.), Suriname (X p.p.) and Peru (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest vapour power unit supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Panama ($X), with an X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Panama (X% per year) and Peru (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. Overall, the export price saw a strong expansion. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 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 Guatemala ($X per ton), while Suriname ($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 mixed trends in the export price figures.

Vapour Power Unit Imports

Imports in Latin America and the Caribbean

In 2022, imports of condensers for steam or other vapour power units in Latin America and the Caribbean skyrocketed to X tons, picking up by X% against 2021. Over the period under review, imports, however, continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, vapour power unit imports fell remarkably to $X in 2022. In general, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Mexico dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. Barbados (X tons) took a little share of total imports.

Mexico experienced a relatively flat trend pattern with regard to volume of imports of condensers for steam or other vapour power units. At the same time, Barbados (X%) displayed positive paces of growth. Moreover, Barbados emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Mexico (X p.p.) and Barbados (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported condensers for steam or other vapour power units in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Barbados ($X), with a X% share of total imports.

In Mexico, vapour power unit imports declined by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Barbados ($X per ton), while Mexico totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%).

Source: IndexBox Platform