Latin America and the Caribbean: Hydraulic Press Market 2024

Hydraulic Press Market Size in Latin America and the Caribbean

The Latin American hydraulic press market expanded remarkably to $X in 2022, surging by X% against the previous year. In general, consumption showed a remarkable increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Hydraulic Press Production in Latin America and the Caribbean

In value terms, hydraulic press production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Hydraulic Press Exports

Exports in Latin America and the Caribbean

In 2022, the amount of hydraulic presses for working metal exported in Latin America and the Caribbean dropped rapidly to X units, declining by X% against 2021 figures. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hydraulic press exports declined rapidly to $X in 2022. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Dominican Republic (X units) and Brazil (X units) represented roughly X% of total exports in 2022. Uruguay (X units) ranks next in terms of the total exports with a X% share, followed by Mexico (X%) and Chile (X%). The following exporters - Panama (X units) and Costa Rica (X units) - each accounted for a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Dominican Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest hydraulic press supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Uruguay ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

In Mexico, hydraulic press exports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uruguay (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, surging by X% against the previous year. Overall, the export price recorded a resilient expansion. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

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

Hydraulic Press Imports

Imports in Latin America and the Caribbean

Hydraulic press imports contracted to X units in 2022, with a decrease of X% against the year before. Total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, hydraulic press imports skyrocketed to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Mexico (X units), distantly followed by Chile (X units), Peru (X units), Colombia (X units) and Brazil (X units) were the major importers of hydraulic presses for working metal, together committing X% of total imports. The following importers - Ecuador (X units), Uruguay (X units) and Argentina (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported hydraulic presses for working metal in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Argentina ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Brazil (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, showed a slight slump. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 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 Argentina ($X per unit), while Chile ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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