Report Latin America and the Caribbean - Gold, in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Latin America and the Caribbean - Gold, in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Semi-Manufactured Gold Market 2024

Semi-Manufactured Gold Market Size in Latin America and the Caribbean

In 2022, the Latin American semi-manufactured gold market decreased by -3.5% to $X, falling for the second year in a row after six years of growth. Overall, consumption showed buoyant growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Semi-Manufactured Gold Production in Latin America and the Caribbean

In value terms, semi-manufactured gold production declined to $X in 2022 estimated in export price. In general, production posted a resilient expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by 198% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Semi-Manufactured Gold Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of gold, in semi-manufactured forms increased by 10% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 163% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, semi-manufactured gold exports reached $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, Mexico (X tons) was the key exporter of gold, in semi-manufactured forms, comprising 66% of total exports. Brazil (X tons) held the second position in the ranking, distantly followed by Suriname (X tons). All these countries together held approx. 30% share of total exports. Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to semi-manufactured gold exports from Mexico stood at -7.1%. Suriname experienced a relatively flat trend pattern. Brazil (-3.3%) and Colombia (-8.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Suriname and Brazil increased by +7.6 and +4.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest semi-manufactured gold supplying countries in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Suriname ($X), with a combined 94% share of total exports.

Among the main exporting countries, Mexico, with a CAGR of +1.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per kg in 2022, with a decrease of -7.9% against the previous year. Overall, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by 196%. The level of export peaked at $X per kg in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Suriname ($X per kg), while Mexico ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+9.0%), while the other leaders experienced more modest paces of growth.

Semi-Manufactured Gold Imports

Imports in Latin America and the Caribbean

In 2022, imports of gold, in semi-manufactured forms in Latin America and the Caribbean skyrocketed to X tons, growing by 291% compared with 2021. Overall, imports, however, showed a perceptible slump. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, semi-manufactured gold imports surged to $X in 2022. In general, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2019 with an increase of 108% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

The countries with the highest levels of semi-manufactured gold imports in 2022 were the Dominican Republic (X tons) and Mexico (X tons), together recording 96% of total import.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +27.2%).

In value terms, the Dominican Republic ($X) constitutes the largest market for imported gold, in semi-manufactured forms in Latin America and the Caribbean, comprising 81% of total imports. The second position in the ranking was taken by Mexico ($X), with a 12% share of total imports.

In the Dominican Republic, semi-manufactured gold imports expanded at an average annual rate of +17.2% over the period from 2012-2022.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per kg in 2022, dropping by -56.7% against the previous year. Overall, the import price, however, recorded buoyant growth. The growth pace was the most rapid in 2013 an increase of 63%. The level of import peaked at $X per kg in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Dominican Republic ($X per kg), while Mexico amounted to $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Mexico constituted the country with the largest volume of semi-manufactured gold consumption, accounting for 83% of total volume. Moreover, semi-manufactured gold consumption in Mexico exceeded the figures recorded by the second-largest consumer, Brazil, more than tenfold.
Mexico remains the largest semi-manufactured gold producing country in Latin America and the Caribbean, comprising approx. 80% of total volume. Moreover, semi-manufactured gold production in Mexico exceeded the figures recorded by the second-largest producer, Brazil, sevenfold. The third position in this ranking was held by Suriname, with a 2.2% share.
In value terms, Brazil, Mexico and Suriname were the countries with the highest levels of exports in 2022, together accounting for 94% of total exports.
In value terms, the Dominican Republic constitutes the largest market for imported gold, in semi-manufactured forms in Latin America and the Caribbean, comprising 81% of total imports. The second position in the ranking was held by Mexico, with a 12% share of total imports.
The export price in Latin America and the Caribbean stood at $26,523 per kg in 2022, waning by -7.9% against the previous year.
In 2022, the import price in Latin America and the Caribbean amounted to $13,554 per kg, reducing by -56.7% against the previous year.

This report provides an in-depth analysis of the semi-manufactured gold market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24412050 - Gold, in semi-manufactured forms for non-monetary use (including plated with platinum) (excluding unwrought or in powder form)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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