Latin America and the Caribbean: Non-Alloy Steel Ingot Market 2020

Non-Alloy Steel Ingot Market Size in Latin America and the Caribbean

The revenue of the non-alloy steel ingot market in Latin America and the Caribbean amounted to $X in 2017, going down by -X% against the previous year. The non-alloy steel ingot consumption continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2008, when market value increased by X% against the previous year. In that year, the non-alloy steel ingot market reached their peak level of $X. From 2009 to 2017, growth of the non-alloy steel ingot market stood at a somewhat lower level.

Non-Alloy Steel Ingot Production in Latin America and the Caribbean

In 2017, approx. X tons of ingots of non-alloy steel were produced in Latin America and the Caribbean; rising by X% against the previous year. The non-alloy steel ingot production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, when the output figure increased by X% year-to-year. The volume of non-alloy steel ingot production peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Non-Alloy Steel Ingot Exports in Latin America and the Caribbean

The exports totaled X tons in 2017, increasing by X% against the previous year. The total exports indicated a measured increase 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. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. Over the period under review, the non-alloy steel ingot exports attained its peak figure volume of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, non-alloy steel ingot exports totaled $X in 2017. The non-alloy steel ingot exports continue to indicate a relatively flat trend pattern. Over the period under review, the non-alloy steel ingot exports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Non-Alloy Steel Ingot Exports by Country in Latin America and the Caribbean

In 2017, Brazil (X tons) was the major exporter for ingots of non-alloy steel, generating X% of total exports. It was distantly followed by Mexico (X tons), making up X% share of total exports.

Brazil was also the fastest growing in terms of the ingots of non-alloy steel exports, with a CAGR of +X% from 2007 to 2017. Mexico (-X%) illustrated a downward trend over the same period. Mexico (X%) significantly strengthened its position in terms of the global exports, while Brazil saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Brazil ($X) remains the largest non-alloy steel ingot supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Brazil totaled +X%.

Non-Alloy Steel Ingot Export Prices by Country in Latin America and the Caribbean

In 2017, the non-alloy steel ingot export price in Latin America and the Caribbean amounted to $X per ton, falling by -X% against the previous year. The non-alloy steel ingot export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. In that year, the export prices for ingots of non-alloy steel reached their peak level of $X per ton. From 2009 to 2017, growth of the export prices for ingots of non-alloy steel stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Mexico ($X per ton) and Brazil ($X per ton), while Brazil ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (-X% per year).

Non-Alloy Steel Ingot Imports in Latin America and the Caribbean

The imports amounted to X tons in 2017, jumping by X% against the previous year. The non-alloy steel ingot imports continue to indicate a significant growth. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. In that year, the non-alloy steel ingot imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, non-alloy steel ingot imports totaled $X in 2017. The non-alloy steel ingot imports continue to indicate a noticeable increase. In that year, the non-alloy steel ingot imports attained their peak level, and are likely to continue its growth in the immediate term.

Non-Alloy Steel Ingot Imports by Country in Latin America and the Caribbean

Mexico prevails in non-alloy steel ingot imports structure, resulting at X tons, which was approx. X% of total imports in 2017. It was distantly followed by the Dominican Republic (X tons), creating X% share of total imports. El Salvador (X tons), Colombia (X tons), Argentina (X tons), Honduras (X tons), Costa Rica (X tons), Peru (X tons) and Guatemala (X tons) followed a long way behind the leaders.

Mexico was also the fastest growing in terms of the ingots of non-alloy steel imports, with a CAGR of +X% from 2007 to 2017. At the same time, El Salvador (+X%), Guatemala (+X%) and Honduras (+X%) displayed positive paces of growth. By contrast, Colombia (-X%), Costa Rica (-X%), Argentina (-X%), Peru (-X%) and the Dominican Republic (-X%) illustrated a downward trend over the same period. The Dominican Republic (X%), Argentina (X%), Peru (X%) and Costa Rica (X%) significantly strengthened its position in terms of the global imports, while El Salvador and Mexico saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported ingots of non-alloy steel in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by the Dominican Republic ($X), with a X% share of global imports. It was followed by El Salvador, with a X% share.

In Mexico, non-alloy steel ingot 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: the Dominican Republic (-X% per year) and El Salvador (+X% per year).

Non-Alloy Steel Ingot Import Prices by Country in Latin America and the Caribbean

In 2017, the non-alloy steel ingot import price in Latin America and the Caribbean amounted to $X per ton, picking up by X% against the previous year. The non-alloy steel ingot import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Dominican Republic ($X per ton), while El Salvador ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Dominican Republic (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform