Latin America and the Caribbean: Non-Numerically Controlled Lathe Market 2024

Non-Numerically Controlled Lathe Market Size in Latin America and the Caribbean

The Latin American non-numerically controlled lathe market amounted to $X in 2022, rising by X% against the previous year. The total consumption indicated measured growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Non-Numerically Controlled Lathe Production in Latin America and the Caribbean

In value terms, non-numerically controlled lathe production dropped to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, non-numerically controlled laproduction hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Non-Numerically Controlled Lathe Exports

Exports in Latin America and the Caribbean

In 2022, after two years of decline, there was growth in shipments abroad of non-numerically controlled horizontal lathes, for removing metal, when their volume increased by X% to X units. Over the period under review, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled lathe exports surged to $X in 2022. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil was the main exporter of non-numerically controlled horizontal lathes, for removing metal in Latin America and the Caribbean, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. El Salvador (X units) took the second position in the ranking, followed by Panama (X units), Peru (X units) and Colombia (X units). All these countries together took near X% share of total exports. The following exporters - Chile (X units), Costa Rica (X units) and Guatemala (X units) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-numerically controlled lathe exports from Brazil stood at X%. At the same time, Panama (X%), El Salvador (X%), Peru (X%), Chile (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Guatemala (X%) and Costa Rica (X%) illustrated a downward trend over the same period. While the share of El Salvador (X p.p.), Panama (X p.p.), Brazil (X p.p.), Colombia (X p.p.), Peru (X p.p.) and Chile (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest non-numerically controlled lathe supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

In Brazil, non-numerically controlled lathe exports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: El Salvador (X% per year) and Panama (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Panama ($X per unit), while Colombia ($X per unit) was amongst the lowest.

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

Non-Numerically Controlled Lathe Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of non-numerically controlled horizontal lathes, for removing metal increased by X% to X units, rising for the second consecutive year after five years of decline. In general, imports, however, showed a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, non-numerically controlled lathe imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Argentina (X units) and Mexico (X units) represented roughly X% of total imports in 2022. Chile (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (X%). Peru (X units), Colombia (X units) and Uruguay (X units) followed a long way behind the leaders.

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

In value terms, Mexico ($X), Argentina ($X) and Chile ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Brazil, Colombia, Peru and Uruguay lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Uruguay, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 unit, growing by X% against the previous year. Overall, the import price, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Colombia ($X per unit), while Argentina ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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