Latin America and the Caribbean: Metallised Yarn Market 2024

Metallised Yarn Market Size in Latin America and the Caribbean

The Latin American metallised yarn market reduced modestly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, saw a pronounced expansion. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Metallised Yarn Production in Latin America and the Caribbean

In value terms, metallised yarn production reduced to $X in 2022 estimated in export price. In general, production, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Metallised Yarn Exports

Exports in Latin America and the Caribbean

In 2022, approx. X tons of metallised yarn and strip were exported in Latin America and the Caribbean; with a decrease of X% compared with 2021 figures. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, metallised yarn exports contracted markedly to $X in 2022. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

The shipments of the three major exporters of metallised yarn and strip, namely Mexico, Brazil and Argentina, represented more than two-thirds of total export. Colombia (X kg) and Honduras (X kg) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, waning by X% against the previous year. Export price indicated a measured expansion 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, metallised yarn export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then reduced markedly in the following year.

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 Mexico ($X per ton), while Colombia ($X per ton) 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 a decline in the export price figures.

Metallised Yarn Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of metallised yarn and strip increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, saw a abrupt decline. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metallised yarn imports surged to $X in 2022. Over the period under review, imports, however, showed a abrupt descent. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) represented the main importer of metallised yarn and strip, creating X% of total imports. Mexico (X tons) ranks second in terms of the total imports with a X% share, followed by Uruguay (X%), Colombia (X%) and Peru (X%). The following importers - Guatemala (X tons) and Ecuador (X tons) - each recorded a X% share of total imports.

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

In value terms, the largest metallised yarn importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Colombia ($X), together accounting for X% of total imports. Uruguay, Peru, Ecuador and Guatemala lagged somewhat behind, together accounting for a further X%.

Uruguay, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, which is down by X% against the previous year. Overall, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 ($X per ton), while Peru ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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