Latin America and the Caribbean: Other Agglomerates Market 2024

Other Agglomerates Market Size in Latin America and the Caribbean

The Latin American other agglomerates market fell slightly to $X in 2022, approximately equating the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Other Agglomerates Production in Latin America and the Caribbean

In value terms, other agglomerates production dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a deep reduction. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Other Agglomerates Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of other agglomerates decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, other agglomerates exports rose sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a moderate expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil represented the main exporter of other agglomerates in Latin America and the Caribbean, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. Colombia (X tons) took the second position in the ranking, followed by Mexico (X tons), Uruguay (X tons) and Honduras (X tons). All these countries together took approx. X% share of total exports. Ecuador (X tons) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Ecuador (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Honduras (X%), Uruguay (X%) and Mexico (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Colombia, Ecuador, Uruguay and Honduras increased by X, X, X, X and X percentage points, respectively.

In value terms, Brazil ($X) remains the largest other agglomerates supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

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

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2018; however, from 2019 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 Ecuador ($X per ton), while Mexico ($X per ton) was amongst the lowest.

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

Other Agglomerates Imports

Imports in Latin America and the Caribbean

For the tenth consecutive year, LatAmerica and the Caribbean recorded decline in overseas purchases of other agglomerates, which decreased by X% to X tons in 2022. In general, imports continue to indicate a deep reduction. The smallest decline of X% was in 2019. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, other agglomerates imports dropped modestly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Bahamas (X tons), distantly followed by El Salvador (X tons), Mexico (X tons), Brazil (X tons), Uruguay (X tons), Venezuela (X tons) and Chile (X tons) were the key importers of other agglomerates, together mixing up X% of total imports.

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

In value terms, Brazil ($X), Chile ($X) and Bahamas ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Bahamas, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price showed a remarkable increase. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per ton), while El Salvador ($X per ton) 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 a decline in the import price figures.

Source: IndexBox Platform

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