Latin America and the Caribbean: Propellant Powders Market 2024

Propellant Powders Market Size in Latin America and the Caribbean

The Latin American propellant powders market was estimated at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, saw a mild downturn. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Propellant Powders Production in Latin America and the Caribbean

In value terms, propellant powders production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Propellant Powders Exports

Exports in Latin America and the Caribbean

In 2022, the amount of propellant powders exported in Latin America and the Caribbean surged to X tons, picking up by X% compared with the previous year's figure. Over the period under review, exports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, propellant powders exports soared to $X in 2022. Overall, exports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Chile represented the key exporting country with an export of around X tons, which amounted to X% of total exports. Peru (X tons) took the second position in the ranking, followed by Bolivia (X tons), El Salvador (X tons), Guatemala (X tons) and Argentina (X tons). All these countries together held near X% share of total exports. Costa Rica (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to propellant powders exports from Chile stood at X%. At the same time, El Salvador (X%) and Argentina (X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Bolivia experienced a relatively flat trend pattern. By contrast, Guatemala (X%), Costa Rica (X%) and Peru (X%) illustrated a downward trend over the same period. Chile (X p.p.), El Salvador (X p.p.), Argentina (X p.p.) and Bolivia (X p.p.) significantly strengthened its position in terms of the total exports, while Costa Rica and Peru saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) emerged as the largest propellant powders supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with an X% share of total exports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Chile stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price, however, posted a modest expansion. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

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 Argentina ($X per ton), while Costa Rica ($X per ton) 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 mixed trends in the export price figures.

Propellant Powders Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of propellant powders increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Overall, imports saw a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, propellant powders imports skyrocketed to $X in 2022. Over the period under review, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Chile (X tons) represented the main importer of propellant powders, creating X% of total imports. Brazil (X tons) ranks second in terms of the total imports with a X% share, followed by Mexico (X%) and Colombia (X%). Ecuador (X tons) took a minor share of total imports.

Chile was also the fastest-growing in terms of the propellant powders imports, with a CAGR of X% from 2012 to 2022. At the same time, Colombia (X%), Brazil (X%) and Mexico (X%) displayed positive paces of growth. By contrast, Ecuador (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported propellant powders in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

In Chile, propellant powders imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Brazil (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :