Latin America and the Caribbean: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Latin America and the Caribbean

In 2022, the Latin American lathe for removing metal market increased by X% to $X, rising for the second year in a row after eight years of decline. Over the period under review, consumption, however, recorded a pronounced decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Lathes For Removing Metal in Latin America and the Caribbean

In value terms, lathe for removing metal production contracted slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Lathes For Removing Metal

Exports in Latin America and the Caribbean

In 2022, shipments abroad of lathes for removing metal increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports, however, continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the lafor removing metal exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports soared to $X in 2022. Overall, exports, however, recorded a mild reduction. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil represented the largest exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by Mexico (X units), creating an X% share of total exports. Argentina (X units), Peru (X units), El Salvador (X units), Chile (X units) and Costa Rica (X units) followed a long way behind the leaders.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of lathes for removing metal. At the same time, El Salvador (X%), Chile (X%) and Peru (X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Costa Rica (X%), Mexico (X%) and Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, El Salvador and Peru 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, Brazil ($X) remains the largest lathe for removing metal supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with an X% share of total exports. It was followed by El Salvador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Mexico (X% per year) and El Salvador (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, growing by X% against the previous year. Export price indicated a notable 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. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Costa Rica ($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 more modest paces of growth.

Imports of Lathes For Removing Metal

Imports in Latin America and the Caribbean

In 2022, the amount of lathes for removing metal imported in Latin America and the Caribbean soared to X units, picking up by X% against the previous year. Over the period under review, imports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, lathe for removing metal imports soared to $X in 2022. Overall, imports, however, saw a slight reduction. Over the period under review, lafor removing metal imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X units) and Chile (X units) were the largest importers of lathes for removing metal in Latin America and the Caribbean, together constituting X% of total imports. Argentina (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mexico (X%) and Peru (X%). The following importers - Colombia (X units) and Uruguay (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 ($X) constitutes the largest market for imported lathes for removing metal in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

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

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price continues to indicate a notable increase. The growth pace was the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2018; however, from 2019 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 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 Mexico (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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