Latin America and the Caribbean: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in Latin America and the Caribbean

The Latin American bitumen mixer market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption enjoyed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Bitumen Mixer Production in Latin America and the Caribbean

In value terms, bitumen mixer production surged to $X in 2022 estimated in export price. Over the period under review, production posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Bitumen Mixer Exports

Exports in Latin America and the Caribbean

In 2022, approx. X units of machines for mixing mineral substances with bitumen were exported in Latin America and the Caribbean; picking up by X% on the year before. Over the period under review, exports showed a modest increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, bitumen mixer exports surged to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil represented the major exporting country with an export of about X units, which accounted for X% of total exports. Mexico (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Costa Rica (X%). Bolivia (X units), Chile (X units), Colombia (X units) and Paraguay (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to bitumen mixer exports from Brazil stood at X%. At the same time, Costa Rica (X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Paraguay and Chile experienced a relatively flat trend pattern. By contrast, Mexico (X%), Bolivia (X%) and Colombia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Bolivia, Paraguay and Costa Rica increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest bitumen mixer supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Costa Rica ($X), with a X% share of total exports. It was followed by Bolivia, with a X% share.

In Brazil, bitumen mixer exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Costa Rica (X% per year) and Bolivia (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2015; however, from 2016 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 Brazil ($X per unit), while Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the other leaders experienced a decline in the export price figures.

Bitumen Mixer Imports

Imports in Latin America and the Caribbean

In 2022, approx. X units of machines for mixing mineral substances with bitumen were imported in Latin America and the Caribbean; leveling off at the year before. In general, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, bitumen mixer imports surged to $X in 2022. Over the period under review, imports recorded a slight shrinkage. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X units), distantly followed by the Dominican Republic (X units), Colombia (X units), Peru (X units) and El Salvador (X units) were the largest importers of machines for mixing mineral substances with bitumen, together making up X% of total imports. The following importers - Guatemala (X units), Guyana (X units), Mexico (X units), Argentina (X units), Paraguay (X units), Panama (X units) and Honduras (X units) - together made up X% of total imports.

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

In value terms, the largest bitumen mixer importing markets in Latin America and the Caribbean were Argentina ($X), Colombia ($X) and El Salvador ($X), with a combined X% share of total imports.

In terms of the main importing countries, El Salvador, 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. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 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 Argentina ($X per unit), while Chile ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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