Latin America and the Caribbean: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Latin America and the Caribbean

The Latin American market for inorganic oxygen compounds of non-metals rose notably to $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Inorganic Oxygen Compounds Of Non-Metals in Latin America and the Caribbean

In value terms, inorganic oxygen compounds of non-metals production rose notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports in Latin America and the Caribbean

After two years of growth, shipments abroad of inorganic oxygen compounds of non-metals decreased by X% to X tons in 2022. Over the period under review, exports, however, saw notable growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, inorganic oxygen compounds of non-metals exports contracted remarkably to $X in 2022. In general, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then fell sharply in the following year.

Exports by Country

Argentina represented the largest exporting country with an export of around X tons, which accounted for X% of total exports. Chile (X tons) ranks second in terms of the total exports with a X% share, followed by Mexico (X%). The following exporters - the Dominican Republic (X tons), Bolivia (X tons) and Brazil (X tons) - together made up X% of total exports.

Exports from Argentina increased at an average annual rate of X% from 2012 to 2022. At the same time, the Dominican Republic (X%), Brazil (X%) and Chile (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. By contrast, Mexico (X%) and Bolivia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Argentina, the Dominican Republic and Chile increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest inorganic oxygen compounds of non-metals supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Argentina amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (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 ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports in Latin America and the Caribbean

In 2022, the amount of inorganic oxygen compounds of non-metals imported in Latin America and the Caribbean rose rapidly to X tons, picking up by X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, inorganic oxygen compounds of non-metals imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Brazil represented the major importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by Mexico (X tons), Colombia (X tons), Peru (X tons) and Chile (X tons), together constituting a X% share of total imports. The following importers - Guatemala (X tons) and Argentina (X tons) - each amounted to a X% share of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Colombia (X%), Peru (X%) and Mexico (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Argentina experienced a relatively flat trend pattern. By contrast, Guatemala (X%) and Chile (X%) illustrated a downward trend over the same period. Colombia (X p.p.), Brazil (X p.p.) and Peru (X p.p.) significantly strengthened its position in terms of the total imports, while Guatemala and Chile saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Mexico ($X) and Peru ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Chile, Colombia, Guatemala and Argentina lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Colombia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guatemala ($X per ton), while Colombia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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