Latin America and the Caribbean: Metallurgy-Used Converter Market 2020

Metallurgy-Used Converter Market Size in Latin America and the Caribbean

The revenue of the metallurgy-used converter market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The metallurgy-used converter consumption continues to indicate an outstanding increase. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the metallurgy-used converter market attained their peak level, and is likely to continue its growth in the immediate term.

Metallurgy-Used Converter Production in Latin America and the Caribbean

In 2017, approx. X units of metallurgy-used converters, ladles, ingot moulds and casting machines were produced in Latin America and the Caribbean; stabilizing at the previous year. The total output indicated a modest growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metallurgy-used converter production decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. In that year, the metallurgy-used converter production attained their peak volume of X units. From 2009 to 2017, growth of the metallurgy-used converter production failed to regain its momentum.

Metallurgy-Used Converter Exports in Latin America and the Caribbean

The exports stood at X units in 2017, stabilizing at the previous year. The metallurgy-used converter exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2008, when exports increased by X% against the previous year. In that year, the metallurgy-used converter exports attained their peak volume of X units. From 2009 to 2017, growth of the metallurgy-used converter exports failed to regain its momentum.

In value terms, metallurgy-used converter exports amounted to $X in 2017. The metallurgy-used converter exports continue to indicate a prominent increase. Over the period under review, the metallurgy-used converter exports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Metallurgy-Used Converter Exports by Country in Latin America and the Caribbean

Brazil dominates metallurgy-used converter exports structure, amounting to X units, which was approx. X% of total exports in 2017. The following exporters - Mexico (X units) and Chile (X units) together made up X% of total exports.

Exports from Brazil increased at an average annual rate of +X% from 2007 to 2017. At the same time, Mexico (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Chile (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Chile increased by X% percentage points, while Mexico (-X%) and Brazil (-X%) saw their share reduced.

In value terms, Brazil ($X), Chile ($X) and Mexico ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Chile (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Metallurgy-Used Converter Export Prices by Country in Latin America and the Caribbean

The metallurgy-used converter export price in Latin America and the Caribbean stood at $X per unit in 2017, jumping by X% against the previous year. The metallurgy-used converter export price continues to indicate a conspicuous growth. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. The level of export price peaked of $X thousand per unit in 2014; however, from 2015 to 2017, it 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 Chile ($X thousand per unit), while Brazil ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Chile (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Metallurgy-Used Converter Imports in Latin America and the Caribbean

The imports totaled X units in 2017, jumping by X% against the previous year. The metallurgy-used converter imports continue to indicate an outstanding expansion. The growth pace was the most rapid in 2017, with an increase of X% against the previous year. In that year, the metallurgy-used converter imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, metallurgy-used converter imports amounted to $X in 2017. The metallurgy-used converter imports continue to indicate a strong increase. Over the period under review, the metallurgy-used converter imports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Metallurgy-Used Converter Imports by Country in Latin America and the Caribbean

The imports of the one major importers of metallurgy-used converters, ladles, ingot moulds and casting machines, namely Brazil, represented more than two-thirds of total import.

Brazil was also the fastest growing in terms of the metallurgy-used converters, ladles, ingot moulds and casting machines imports, with a CAGR of +X% from 2007 to 2017. While the share of Brazil (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported metallurgy-used converters, ladles, ingot moulds and casting machines in Latin America and the Caribbean.

From 2007 to 2017, the average annual rate of growth in terms of value in Brazil stood at +X%.

Metallurgy-Used Converter Import Prices by Country in Latin America and the Caribbean

The metallurgy-used converter import price in Latin America and the Caribbean stood at $X per thousand units in 2017, dropping by -X% against the previous year. The metallurgy-used converter import price continues to indicate a precipitous descent. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the import prices for metallurgy-used converters, ladles, ingot moulds and casting machines reached its maximum level of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by import prices for Brazil.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (-X% per year).

Source: IndexBox Platform