Latin America and the Caribbean: Metal Gas Container Market 2020

Metal Gas Container Market Size in Latin America and the Caribbean

The revenue of the metal gas container market in Latin America and the Caribbean amounted to $X in 2017, waning by -X% against the previous year. The metal gas container consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. In that year, the metal gas container market reached their peak level of $X. From 2013 to 2017, growth of the metal gas container market failed to regain its momentum.

Metal Gas Container Production in Latin America and the Caribbean

In 2017, approx. X units of metal containers for compressed or liquefied gas were produced in Latin America and the Caribbean; flattening at the previous year. The metal gas container production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, with an increase of X% year-to-year. Over the period under review, the metal gas container production attained its peak figure volume in 2017, and is likely to see steady growth in the immediate term.

Metal Gas Container Exports in Latin America and the Caribbean

In 2017, approx. X units of metal containers for compressed or liquefied gas were exported in Latin America and the Caribbean; picking up by X% against the previous year. The metal gas container exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, metal gas container exports totaled $X in 2017. The metal gas container exports continue to indicate a significant decline. In that year, the metal gas container exports attained their peak level of $X. From 2012 to 2017, growth of the metal gas container exports stood at a somewhat lower level.

Metal Gas Container Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) was the main exporter for metal containers for compressed or liquefied gas, creating X% of total exports. It was distantly followed by Brazil (X units), comprising X% share of total exports. El Salvador (X units), the Dominican Republic (X units), Guatemala (X units), Bahamas (X units) and Argentina (X units) held the slight share of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Bahamas (+X%), El Salvador (+X%) and the Dominican Republic (+X%) displayed positive paces of growth. Moreover, Bahamas emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Guatemala (-X%), Brazil (-X%) and Argentina (-X%) illustrated a downward trend over the same period. Brazil (X%), Argentina (X%) and Guatemala (X%) significantly strengthened its position in terms of the global exports, while Bahamas, the Dominican Republic, El Salvador and Mexico saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, Mexico ($X) remains the largest metal gas container supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Bahamas, with a X% share.

In Mexico, metal gas container exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-X% per year) and Bahamas (+X% per year).

Metal Gas Container Export Prices by Country in Latin America and the Caribbean

The metal gas container export price in Latin America and the Caribbean stood at $X per thousand units in 2017, falling by -X% against the previous year. The metal gas container export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when it surged by X% year-to-year. In that year, the export prices for metal containers for compressed or liquefied gas attained their peak level of $X per thousand units. From 2013 to 2017, growth of the export prices for metal containers for compressed or liquefied gas failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per thousand units), while El Salvador ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Bahamas (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Gas Container Imports in Latin America and the Caribbean

The imports totaled X units in 2017, falling by -X% against the previous year. The metal gas container imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The volume of imports peaked of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, metal gas container imports amounted to $X in 2017. The metal gas container imports continue to indicate a relatively flat trend pattern. Over the period under review, the metal gas container imports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Metal Gas Container Imports by Country in Latin America and the Caribbean

Mexico represented the key importing country with an import of around X units, which recorded X% of total imports. Peru (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Colombia (X%), Nicaragua (X%) and Chile (X%). Brazil (X units), Jamaica (X units), Argentina (X units), Guatemala (X units), Costa Rica (X units), the Dominican Republic (X units) and El Salvador (X units) held the weak share of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Nicaragua (+X%), Jamaica (+X%), Costa Rica (+X%), Peru (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Nicaragua emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. El Salvador and the Dominican Republic experienced a relatively flat trend pattern. By contrast, Argentina (-X%), Guatemala (-X%), Brazil (-X%) and Colombia (-X%) illustrated a downward trend over the same period. Colombia (X%) and Brazil (X%) significantly strengthened its position in terms of the global imports, while Chile, Costa Rica, Jamaica, Peru, Nicaragua and Mexico saw its share reduced by -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported metal containers for compressed or liquefied gas in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Chile ($X), with a X% share of global imports. It was followed by Brazil, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Brazil (-X% per year).

Metal Gas Container Import Prices by Country in Latin America and the Caribbean

In 2017, the metal gas container import price in Latin America and the Caribbean amounted to $X per thousand units, going up by X% against the previous year. The metal gas container import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when the import prices increased by X% against the previous year. Over the period under review, the import prices for metal containers for compressed or liquefied gas reached its maximum level of $X per thousand units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X per thousand units), while Nicaragua ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform