Latin America and the Caribbean: Electronic Thermostat Market 2020

Electronic Thermostat Market Size in Latin America and the Caribbean

The revenue of the electronic thermostat market in Latin America and the Caribbean amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a strong 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 electronic thermostat consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013, when market value increased by X% year-to-year. Over the period under review, the electronic thermostat market reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Electronic Thermostat Production in Latin America and the Caribbean

In 2017, electronic thermostat production in Latin America and the Caribbean stood at X units, reducing by -X% against the previous year. The electronic thermostat production 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 electronic thermostat production reached its peak figure volume of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Electronic Thermostat Exports in Latin America and the Caribbean

The exports amounted to X units in 2017, rising by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. The volume of exports peaked of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, electronic thermostat exports stood at $X in 2017. The total exports indicated a prominent 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. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Electronic Thermostat Exports by Country in Latin America and the Caribbean

Mexico represented the key exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Brazil (X units), generating X% 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. Brazil (-X%) and Mexico (-X%) significantly weakened 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 ($X) remains the largest electronic thermostat supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports.

In Mexico, electronic thermostat exports expanded at an average annual rate of +X% over the period from 2007-2017.

Electronic Thermostat Export Prices by Country in Latin America and the Caribbean

In 2017, the electronic thermostat export price in Latin America and the Caribbean amounted to $X per thousand units, surging by X% 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 2013, when it surged by X% y-o-y. Over the period under review, the export prices for electronic thermostats attained its maximum level of $X per thousand units in 2014; however, from 2015 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 Mexico ($X per thousand units), while Brazil ($X per thousand units) was amongst the lowest.

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

Electronic Thermostat Imports in Latin America and the Caribbean

In 2017, approx. X units of electronic thermostats were imported in Latin America and the Caribbean; surging by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. The volume of imports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, electronic thermostat imports amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the electronic thermostat imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Electronic Thermostat Imports by Country in Latin America and the Caribbean

Mexico was the key importer of electronic thermostats in Latin America and the Caribbean, with the volume of imports amounting to X units, which was near X% of total imports in 2017. Brazil (X units) ranks second in terms of the global imports with a X% share, followed by Argentina (X%). Colombia (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to electronic thermostat imports into Mexico stood at +X%. At the same time, Brazil (+X%) and Argentina (+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. Colombia experienced a relatively flat trend pattern. From 2007 to 2017, the share of Mexico and Brazil decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported electronic thermostats in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. 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%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Argentina (+X% per year).

Electronic Thermostat Import Prices by Country in Latin America and the Caribbean

In 2017, the electronic thermostat import price in Latin America and the Caribbean amounted to $X per thousand units, shrinking by -X% against the previous year. The electronic thermostat import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, an increase of X% year-to-year. In that year, the import prices for electronic thermostats reached their peak level of $X per thousand units. From 2011 to 2017, growth of the import prices for electronic thermostats 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 Colombia ($X per thousand units), while Brazil ($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 Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform