Latin America and the Caribbean: Ironing Machine Market 2024

Ironing Machine Market Size in Latin America and the Caribbean

In 2022, after two years of decline, there was significant growth in the Latin American ironing machine market, when its value increased by X% to $X. In general, consumption, however, recorded a noticeable shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ironing Machine Production in Latin America and the Caribbean

In value terms, ironing machine production shrank modestly to $X in 2022 estimated in export price. Overall, production showed a perceptible decline. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Ironing Machine Exports

Exports in Latin America and the Caribbean

In 2022, approx. X units of ironing machines and presses were exported in Latin America and the Caribbean; picking up by X% against the previous year. In general, exports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, ironing machine exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a deep downturn. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X units), distantly followed by Chile (X units), the Dominican Republic (X units), El Salvador (X units) and Honduras (X units) were the major exporters of ironing machines and presses, together constituting X% of total exports. Guatemala (X units) and Panama (X units) followed a long way behind the leaders.

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, the largest ironing machine supplying countries in Latin America and the Caribbean were Brazil ($X), Chile ($X) and El Salvador ($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

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, remaining constant against the previous year. Export 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, ironing machine export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Honduras ($X per unit), while the Dominican Republic ($X per unit) was amongst the lowest.

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

Ironing Machine Imports

Imports in Latin America and the Caribbean

After two years of decline, supplies from abroad of ironing machines and presses increased by X% to X units in 2022. In general, imports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, ironing machine imports surged to $X in 2022. Overall, imports, however, continue to indicate a mild curtailment. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X units), Mexico (X units) and Chile (X units) represented the key importer of ironing machines and presses in Latin America and the Caribbean, committing X% of total import. Cuba (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Peru (X%), Colombia (X%) and Ecuador (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cuba (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ironing machine importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Cuba ($X), together accounting for X% of total imports.

In terms of the main importing countries, Cuba, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Mexico ($X per unit), while Chile ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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