Latin America and the Caribbean: Hand Sieve Market 2024

Hand Sieve Market Size in Latin America and the Caribbean

In 2022, after five years of growth, there was significant decline in the Latin American hand sieve market, when its value decreased by X% to $X. Overall, consumption, however, enjoyed a prominent increase. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Hand Sieve Production in Latin America and the Caribbean

In value terms, hand sieve production surged to $X in 2022 estimated in export price. Over the period under review, production posted resilient growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Hand Sieve Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of hand sieves and hand riddles increased by X% to X units, rising for the sixth year in a row after three years of decline. Over the period under review, exports saw moderate growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, hand sieve exports contracted slightly to $X in 2022. Overall, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil represented the major exporter of hand sieves and hand riddles in Latin America and the Caribbean, with the volume of exports resulting at X units, which was near X% of total exports in 2022. The Dominican Republic (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (X%).

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, the Dominican Republic (X%) and Colombia (X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. While the share of Brazil (X p.p.), the Dominican Republic (X p.p.) and Colombia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest hand sieve supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

In Brazil, hand sieve exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and the Dominican Republic (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 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 Colombia ($X per unit), while the Dominican Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the export price figures.

Hand Sieve Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of hand sieves and hand riddles decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked at X units in 2021, and then dropped remarkably in the following year.

In value terms, hand sieve imports reduced remarkably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

Brazil dominates imports structure, amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Mexico (X units), creating a X% share of total imports. Ecuador (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hand sieve imports into Brazil stood at X%. At the same time, Ecuador (X%) and Mexico (X%) displayed positive paces of growth. Moreover, Ecuador 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 Ecuador (X p.p.) significantly strengthened its position in terms of the total imports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Mexico ($X) constitutes the largest market for imported hand sieves and hand riddles in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with an X% share of total imports.

In Mexico, hand sieve imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Ecuador (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. Over the period under review, import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Mexico ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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