Report Latin America and the Caribbean - Petroleum - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Latin America and the Caribbean - Petroleum - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Petroleum Market 2020

Petroleum Market Size in Latin America and the Caribbean

The revenue of the petroleum market in Latin America and the Caribbean amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a measured expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The level of petroleum consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Petroleum Production in Latin America and the Caribbean

The petroleum production stood at X tonnes in 2017, falling by -X% against the previous year. The petroleum production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. Over the period under review, the petroleum production attained its peak figure volume of X tonnes in 2016, and then declined slightly in the following year.

Petroleum Exports

Exports in Latin America and the Caribbean

In 2017, exports of petroleum in Latin America and the Caribbean totaled X tonnes, growing by X% against the previous year. The petroleum exports continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2012, when exports increased by X% y-o-y. The volume of exports peaked of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, petroleum exports amounted to $X in 2017. The petroleum exports continue to indicate a deep downturn. Over the period under review, the petroleum exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Exports by Country

Venezuela (X tonnes), Colombia (X tonnes), Peru (X tonnes), Brazil (X tonnes), Mexico (X tonnes), Trinidad and Tobago (X tonnes) and Ecuador (X tonnes) represented roughly X% of total exports of petroleum in 2017.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Peru (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest petroleum markets worldwide were Venezuela ($X), Peru ($X) and Mexico ($X), together comprising X% of total exports.

Peru (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countriesover the last decade, while the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The petroleum export price in Latin America and the Caribbean stood at $X per tonne in 2017, going up by X% against the previous year. The export price indicated a slight growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. The level of export price peaked of $X per tonne in 2013; however, from 2014 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 Mexico ($X per tonne), while Ecuador ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Trinidad and Tobago (+X% per year), while the other leaders experienced more modest paces of growth.

Petroleum Imports

Imports in Latin America and the Caribbean

In 2017, the amount of petroleum imported in Latin America and the Caribbean amounted to X tonnes, jumping by X% against the previous year. The total imports indicated a prominent expansion 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 petroleum imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2017, when imports increased by X% year-to-year. In that year, the petroleum imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, petroleum imports totaled $X in 2017. The petroleum imports continue to indicate a strong expansion. Over the period under review, the petroleum imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Imports by Country

Mexico represented the key importing country with an import of around X tonnes, which amounted to X% of total imports. Brazil (X tonnes) occupied the second position in the ranking, distantly followed by Jamaica (X tonnes), Panama (X tonnes), Chile (X tonnes) and Colombia (X tonnes). All these countries together occupied near X% share of total imports. Peru (X tonnes), Guatemala (X tonnes), Venezuela (X tonnes), the Dominican Republic (X tonnes), Argentina (X tonnes) and Ecuador (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to petroleum imports into Mexico stood at +X%. At the same time, Panama (+X%), Colombia (+X%), Peru (+X%), the Dominican Republic (+X%), Brazil (+X%), Ecuador (+X%), Argentina (+X%) and Guatemala (+X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Venezuela experienced a relatively flat trend pattern. By contrast, Chile (-X%) and Jamaica (-X%) illustrated a downward trend over the same period. While the share of Jamaica (X%) increased significantly in terms of the global imports from 2007-2017, the share of the Dominican Republic (-X%), Peru (-X%), Colombia (-X%), Panama (-X%), Brazil (-X%) and Mexico (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported petroleum in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Panama, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Panama (+X% per year).

Import Prices by Country

In 2017, the petroleum import price in Latin America and the Caribbean amounted to $X per tonne, going up by X% against the previous year. The petroleum import price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. The level of import price peaked of $X per tonne in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Chile ($X per tonne), while Jamaica ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Argentina (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes
Product coverage:

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This report provides an in-depth analysis of the petroleum market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia (Plurinational State of)
• Brazil
• Br. Virgin Isds
• Cayman Isds
• Chile
• Colombia
• Costa Rica
• Cuba
• Curaçao
• Dominica
• Dominican Rep.
• Ecuador
• El Salvador
• Falkland Isds (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Neth. Antilles
• Nicaragua
• Panama
• Paraguay
• Peru
• Puerto Rico
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten
• Saint-Martin (French Part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Isds
• US Virgin Isds
• Uruguay
• Venezuela.


Data coverage:

• Market volume and value;

• Per Capita consumption;

• Forecast of the market dynamics in the medium term;

• Production in Latin America and the Caribbean, split by region and country;

• Trade (exports and imports) in Latin America and the Caribbean;

• Export and import prices;

• Market trends, drivers and restraints;

• Key market players and their profiles.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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