Latin America and the Caribbean: Metal Stud-Link Chain Market 2024

Metal Stud-Link Chain Market Size in Latin America and the Caribbean

In 2022, the Latin American metal stud-link chain market decreased by X% to $X, falling for the third consecutive year after three years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metal Stud-Link Chain Production in Latin America and the Caribbean

In value terms, metal stud-link chain production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Metal Stud-Link Chain Exports

Exports in Latin America and the Caribbean

In 2022, the amount of iron/steel stud-link chain exported in Latin America and the Caribbean soared to X tons, surging by X% compared with the previous year's figure. Over the period under review, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, metal stud-link chain exports rose notably to $X in 2022. Overall, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Dominican Republic (X tons) and Chile (X tons) represented the main exporters of iron/steel stud-link chain in Latin America and the Caribbean, together reaching near X% of total exports. Trinidad and Tobago (X tons) held the next position in the ranking, distantly followed by Brazil (X tons) and Peru (X tons). All these countries together took approx. X% share of total exports. The following exporters - Mexico (X tons) and Argentina (X tons) - each finished at a X% share of total exports.

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

In value terms, the largest metal stud-link chain supplying countries in Latin America and the Caribbean were the Dominican Republic ($X), Trinidad and Tobago ($X) and Chile ($X), with a combined X% share of total exports.

Among the main exporting countries, Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 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 Argentina ($X per ton), while Chile ($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.

Metal Stud-Link Chain Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of iron/steel stud-link chain decreased by X% to X tons, falling for the third year in a row after three years of growth. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, metal stud-link chain imports expanded modestly to $X in 2022. Total imports indicated a modest expansion from 2012 to 2022: its value 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 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Chile dominates imports structure, reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Peru (X tons), comprising a X% share of total imports. Brazil (X tons), Trinidad and Tobago (X tons), Colombia (X tons), Mexico (X tons) and Argentina (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal stud-link chain imports into Chile stood at X%. At the same time, Trinidad and Tobago (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Trinidad and Tobago emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%), Peru (X%), Brazil (X%) and Mexico (X%) illustrated a downward trend over the same period. Chile (X p.p.) and Trinidad and Tobago (X p.p.) significantly strengthened its position in terms of the total imports, while Peru and Mexico 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, Chile ($X) constitutes the largest market for imported iron/steel stud-link chain in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Trinidad and Tobago ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

In Chile, metal stud-link chain imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Trinidad and Tobago (X% per year) and Peru (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price 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, metal stud-link chain import price increased by X% against 2017 indices. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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