Latin America and the Caribbean: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Latin America and the Caribbean

The Latin American metal deburring machine market dropped remarkably to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, posted a tangible increase. As a result, consumption attained the peak level of $X, and then contracted markedly in the following year.

Metal Deburring Machine Production in Latin America and the Caribbean

In value terms, metal deburring machine production declined to $X in 2022 estimated in export price. Overall, production recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Metal Deburring Machine Exports

Exports in Latin America and the Caribbean

Metal deburring machine exports fell dramatically to X units in 2022, reducing by X% on 2021. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, metal deburring machine exports expanded modestly to $X in 2022. Total exports indicated pronounced growth 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, exports decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil was the major exporter of machines for deburring or polishing metal in Latin America and the Caribbean, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Mexico (X units) and Chile (X units), together constituting a X% share of total exports. Peru (X units), Argentina (X units) and Ecuador (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 Peru (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest metal deburring machine supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

In Brazil, metal deburring machine exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Mexico (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price showed prominent growth. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the near future.

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 Argentina ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

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

Metal Deburring Machine Imports

Imports in Latin America and the Caribbean

In 2022, imports of machines for deburring or polishing metal in Latin America and the Caribbean reduced to X units, which is down by X% compared with 2021. Over the period under review, imports, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, metal deburring machine imports shrank to $X in 2022. In general, imports saw a abrupt slump. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Brazil represented the key importing country with an import of about X units, which resulted at X% of total imports. Chile (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mexico (X%) and Argentina (X%). Bolivia (X units) followed a long way behind the leaders.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of machines for deburring or polishing metal. At the same time, Chile (X%), Argentina (X%) and Bolivia (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Mexico experienced a relatively flat trend pattern. While the share of Chile (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Argentina ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, stabilizing at the previous year. Overall, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the 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 ($X per unit), while Bolivia ($X per unit) 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 a decline in the import price figures.

Source: IndexBox Platform

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