Latin America and the Caribbean: Domestic Electric Oven Market 2020

Domestic Electric Oven Market Size in Latin America and the Caribbean

The revenue of the domestic electric oven market in Latin America and the Caribbean amounted to $X in 2017, surging by X% against the previous year. The domestic electric oven consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, with an increase of X% against the previous year. In that year, the domestic electric oven market attained their peak level of $X. From 2016 to 2017, growth of the domestic electric oven market failed to regain its momentum.

Domestic Electric Oven Production in Latin America and the Caribbean

In 2017, approx. X units of domestic electric ovens were produced in Latin America and the Caribbean; falling by -X% against the previous year. The domestic electric oven production continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% y-o-y. In that year, the domestic electric oven production attained their peak volume of X units. From 2009 to 2017, growth of the domestic electric oven production failed to regain its momentum.

Domestic Electric Oven Exports in Latin America and the Caribbean

In 2017, domestic electric oven exports in Latin America and the Caribbean stood at X units, increasing by X% against the previous year. The total exports indicated a prominent increase from 2007 to 2017: its volume 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 domestic electric oven exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016, when exports increased by X% y-o-y. Over the period under review, the domestic electric oven exports attained its maximum volume of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, domestic electric oven exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. In that year, the domestic electric oven exports reached their peak level of $X. From 2014 to 2017, growth of the domestic electric oven exports stood at a somewhat lower level.

Domestic Electric Oven Exports by Country in Latin America and the Caribbean

Mexico dominates domestic electric oven exports structure, recording X units, which was near X% of total exports in 2017. Brazil (X units) held the weak share of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Brazil (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. While the share of Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest domestic electric oven supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Mexico amounted to +X%.

Domestic Electric Oven Export Prices by Country in Latin America and the Caribbean

In 2017, the domestic electric oven export price in Latin America and the Caribbean amounted to $X per unit, therefore, remained relatively stable against the previous year. The domestic electric oven export price continues to indicate an abrupt descent. The pace of growth was the most pronounced in 2015, an increase of X% year-to-year. Over the period under review, the export prices for domestic electric ovens attained its peak figure level of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (-X% per year).

Domestic Electric Oven Imports in Latin America and the Caribbean

The imports totaled X units in 2017, coming up by X% against the previous year. The total imports indicated a strong expansion from 2007 to 2017: its volume 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 domestic electric oven imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010, when imports increased by X% y-o-y. The volume of imports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, domestic electric oven imports totaled $X in 2017. The total imports indicated a strong expansion 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 domestic electric oven imports decreased by -X% against 2014 indices. Over the period under review, the domestic electric oven imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Domestic Electric Oven Imports by Country in Latin America and the Caribbean

Brazil represented the largest importer of domestic electric ovens in Latin America and the Caribbean, with the volume of imports recording X units, which was near X% of total imports in 2017. It was distantly followed by Argentina (X units) and Mexico (X units), together achieving X% share of total imports. The following importers - Costa Rica (X units), Panama (X units) and Chile (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to domestic electric oven imports into Brazil stood at +X%. At the same time, Panama (+X%), Chile (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Mexico (-X%) and Costa Rica (-X%) illustrated a downward trend over the same period. Mexico (X%) significantly strengthened its position in terms of the global imports, while Panama, Argentina and Brazil saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Chile, Panama and Costa Rica lagged somewhat behind, together accounting for a further X%.

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

Domestic Electric Oven Import Prices by Country in Latin America and the Caribbean

In 2017, the domestic electric oven import price in Latin America and the Caribbean amounted to $X per unit, dropping by -X% against the previous year. The domestic electric oven import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. The level of import price peaked of $X per unit in 2015; however, from 2016 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 Chile ($X per unit), while Brazil ($X per thousand units) was amongst the lowest.

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

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Source: IndexBox Platform