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Latin America and the Caribbean - Hot-Rolled Wire Rod In Coil Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Overview of the Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel 2021

Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel in Latin America and the Caribbean

After two years of growth, the Latin American market for hot-rolled wire rod in coil of stainless steel decreased by -X% to $X in 2019. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Production of Hot-Rolled Wire Rod In Coil Of Stainless Steel in Latin America and the Caribbean

In value terms, hot-rolled wire stainless steel rod production reached $X in 2019 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2015 to 2019, production growth failed to regain the momentum.

Production By Country in Latin America and the Caribbean

The country with the largest volume of hot-rolled wire stainless steel rod production was Trinidad and Tobago (X tonnes), comprising approx. X% of total volume.

In Trinidad and Tobago, hot-rolled wire stainless steel rod production remained relatively stable over the period from 2007-2019.

Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Exports in Latin America and the Caribbean

After two years of decline, shipments abroad of hot-rolled wire rod in coil of stainless steel increased by X% to X tonnes in 2019. Over the period under review, exports enjoyed strong growth. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, hot-rolled wire stainless steel rod exports skyrocketed to $X in 2019. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

Exports by Country

The shipments of the two major exporters of hot-rolled wire rod in coil of stainless steel, namely Brazil and Mexico, represented more than two-thirds of total export.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil.

In value terms, Brazil ($X) remains the largest hot-rolled wire stainless steel rod supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports.

In Brazil, hot-rolled wire stainless steel rod exports expanded at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

In 2019, the export price for hot-rolled wire rod in coil of stainless steel in Latin America and the Caribbean amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2015 when the export price increased by X% y-o-y. Over the period under review, export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Brazil ($X per tonne), while Mexico amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Brazil.

Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Imports in Latin America and the Caribbean

In 2019, hot-rolled wire stainless steel rod imports in Latin America and the Caribbean shrank slightly to X tonnes, with a decrease of -X% compared with the previous year. Total imports indicated a moderate increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, hot-rolled wire stainless steel rod imports fell to $X in 2019. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

Mexico represented the main importing country with an import of around X tonnes, which amounted to X% of total imports. It was distantly followed by Brazil (X tonnes), achieving a X% share of total imports.

From 2007 to 2019, the biggest increases were in Brazil.

In value terms, the largest hot-rolled wire stainless steel rod importing markets in Latin America and the Caribbean were Mexico ($X) and Brazil ($X), together accounting for X% of total imports.

Among the main importing countries, Mexico saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price for hot-rolled wire rod in coil of stainless steel in Latin America and the Caribbean stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2010 an increase of X% year-to-year. Over the period under review, import prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2019, the country with the highest price was Mexico ($X per tonne), while Brazil stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Mexico.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled wire rod in coil of stainless steel in LatAmerica and the Caribbean?
+
The countries with the highest volumes of hot-rolled wire stainless steel rod consumption in 2019 were Mexico (13K tonnes), Brazil (7.6K tonnes) and Trinidad and Tobago (1.4K tonnes), with a combined 99% share of total consumption.
What are the largest producers of hot-rolled wire rod in coil of stainless steel in LatAmerica and the Caribbean?
+
Trinidad and Tobago (1.4K tonnes) constituted the country with the largest volume of hot-rolled wire stainless steel rod production, accounting for 99% of total volume.
What are the leading exporters of hot-rolled wire rod in coil of stainless steel in LatAmerica and the Caribbean?
+
In value terms, Brazil ($513K) remains the largest hot-rolled wire stainless steel rod supplier in Latin America and the Caribbean, comprising 85% of total exports. The second position in the ranking was occupied by Mexico ($89K), with a 15% share of total exports.
What are the leading importers of hot-rolled wire rod in coil of stainless steel in LatAmerica and the Caribbean?
+
In value terms, Mexico ($36M) and Brazil ($19M) appeared to be the countries with the highest levels of imports in 2019, with a combined 99% share of total imports.
What is the average export price for hot-rolled wire rod in coil of stainless steel in LatAmerica and the Caribbean?
+
In 2019, the export price for hot-rolled wire rod in coil of stainless steel in Latin America and the Caribbean amounted to $5,620 per tonne, surging by 2.9% against the previous year.
What is the average import price for hot-rolled wire rod in coil of stainless steel in LatAmerica and the Caribbean?
+
In 2019, the import price for hot-rolled wire rod in coil of stainless steel in Latin America and the Caribbean amounted to $2,641 per tonne, waning by -6.9% against the previous year.

Product coverage:
• Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod 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 2025.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• 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
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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