Latin America and the Caribbean: Non-Electric Mower Market 2022

Non-Electric Mower Market Size in Latin America and the Caribbean

The Latin American non-electric mower market totaled $X in 2020, increasing by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2018; afterwards, it flattened through to 2020.

Non-Electric Mower Production in Latin America and the Caribbean

In value terms, non-electric mower production totaled $X in 2020 estimated in export prices. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of non-electric mower production in 2020 were Brazil (X tons), Mexico (X tons) and Argentina (X tons), together accounting for X% of total production. Panama lagged somewhat behind, comprising a further X 2007 to 2020, the biggest increases were in Panama, while non-electric mower production for the other leaders experienced more modest paces of growth.

Non-Electric Mower Exports

Exports in Latin America and the Caribbean

In 2020, overseas shipments of non-electric mowers for lawns, parks or sports grounds decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2019, and then contracted notably in the following year.

In value terms, non-electric mower exports declined significantly to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2009 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of non-electric mowers for lawns, parks or sports grounds, namely Mexico, represented more than two-thirds of total export.

Mexico experienced a relatively flat trend pattern with regard to volume of exports of non-electric mowers for lawns, parks or sports grounds. Mexico (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) also remains the largest non-electric mower supplier in Latin America and the Caribbean.

From 2007 to 2020, the average annual growth rate of value in Mexico totaled +X%.

Export Prices by Country

The non-electric mower export price in Latin America and the Caribbean stood at $X per ton in 2020, rising by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the rate of growth in terms of prices for Mexico amounted to +X% per year.

Non-Electric Mower Imports

Imports in Latin America and the Caribbean

After four years of decline, supplies from abroad of non-electric mowers for lawns, parks or sports grounds increased by X% to X tons in 2020. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2010; however, from 2011 to 2020, imports remained at a lower figure.

In value terms, non-electric mower imports amounted to $X in 2020. Overall, imports, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. The level of import peaked at $X in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

Imports by Country

The countries with the highest levels of non-electric mower imports in 2020 were Mexico (X tons), Brazil (X tons), Venezuela (X tons) and Chile (X tons), together finishing at X% of total import. It was distantly followed by Peru (X tons), achieving a X% share of total imports. Argentina (X tons), Uruguay (X tons), Ecuador (X tons), Costa Rica (X tons), Paraguay (X tons), Bolivia (X tons), the Dominican Republic (X tons) and Saint Maarten (Dutch part) (X tons) held a little share of total imports.

From 2007 to 2020, the biggest increases were in Saint Maarten (Dutch part) (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric mower importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Chile ($X), together comprising X% of total imports. Venezuela, Peru, Argentina, Uruguay, Ecuador, the Dominican Republic, Costa Rica, Bolivia, Paraguay and Saint Maarten (Dutch part) lagged somewhat behind, together comprising a further X terms of the main importing countries, Saint Maarten (Dutch part) (+X% per year) saw the highest rates of growth with regard to 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

The non-electric mower import price in Latin America and the Caribbean stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the import price recorded a mild downturn. The pace of growth appeared the most rapid in 2016 when the import price increased by X% y-o-y. The level of import peaked at $X per ton in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Dominican Republic ($X per ton), while Saint Maarten (Dutch part) ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Dominican Republic, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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