Latin America and the Caribbean: Steel Globe Valves Market 2020

Steel Globe Valves Market Size in Latin America and the Caribbean

The revenue of the steel globe valves market in Latin America and the Caribbean amounted to $X in 2017, picking up by X% against the previous year. The steel globe valves consumption continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2015, when it surged by X% y-o-y. In that year, the steel globe valves market reached their peak level of $X. From 2016 to 2017, growth of the steel globe valves market failed to regain its momentum.

Steel Globe Valves Production in Latin America and the Caribbean

In 2017, the amount of globe valves, of steel produced in Latin America and the Caribbean totaled X units, approximately reflecting the previous year. The steel globe valves production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when the output figure increased by X% against the previous year. Over the period under review, the steel globe valves production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Steel Globe Valves Exports in Latin America and the Caribbean

In 2017, the amount of globe valves, of steel exported in Latin America and the Caribbean stood at X units, shrinking by -X% against the previous year. The steel globe valves exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. The volume of exports peaked of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, steel globe valves exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Steel Globe Valves Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) was the main exporter for globe valves, of steel, creating X% of total exports. Brazil (X units) ranks second in terms of the global exports with a X% share, followed by Argentina (X%).

Exports from Mexico decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Brazil (+X%) and Argentina (+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. Mexico (X%) significantly strengthened its position in terms of the global exports, while Argentina and Brazil saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Mexico ($X) remains the largest steel globe valves supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. 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 amounted to +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Argentina (+X% per year).

Steel Globe Valves Export Prices by Country in Latin America and the Caribbean

The steel globe valves export price in Latin America and the Caribbean stood at $X per unit in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the export prices increased by X% against the previous year. Over the period under review, the export prices for globe valves, of steel reached its maximum level in 2017, and is likely to see steady growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per unit), while Argentina ($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), while the other leaders experienced mixed trends in the export price figures.

Steel Globe Valves Imports in Latin America and the Caribbean

In 2017, approx. X units of globe valves, of steel were imported in Latin America and the Caribbean; rising by X% against the previous year. The total imports indicated a significant 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 steel globe valves imports decreased by -X% against 2014 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 failed to regain its momentum.

In value terms, steel globe valves imports totaled $X in 2017. The total imports indicated a prominent 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 steel globe valves imports decreased by -X% against 2014 indices. Over the period under review, the steel globe valves imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Steel Globe Valves Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) was the major importer for globe valves, of steel, constituting X% of total imports. Brazil (X units) held the second position in the ranking, followed by Argentina (X units), Peru (X units), Colombia (X units) and Chile (X units). All these countries together occupied near X% share of total imports. Ecuador (X units) held the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to steel globe valves imports into Mexico stood at +X%. At the same time, Peru (+X%), Argentina (+X%), Brazil (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Peru 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. By contrast, Ecuador (-X%) illustrated a downward trend over the same period. Peru (-X%), Argentina (-X%), Brazil (-X%) and Mexico (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported globe valves, of steel in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

In Mexico, steel globe valves imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Argentina (+X% per year).

Steel Globe Valves Import Prices by Country in Latin America and the Caribbean

The steel globe valves import price in Latin America and the Caribbean stood at $X per unit in 2017, surging by X% against the previous year. The steel globe valves import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. In that year, the import prices for globe valves, of steel reached their peak level of $X per unit. From 2009 to 2017, growth of the import prices for globe valves, of steel stood at a somewhat lower level.

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 ($X per unit), while Peru ($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 Ecuador (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform