We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Latin America and the Caribbean - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Latin America and the Caribbean - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Latin America and the Caribbean: Refrigerated Vessel Market 2024

Refrigerated Vessel Market Size in Latin America and the Caribbean

The Latin American refrigerated vessel market contracted remarkably to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, posted a prominent increase. Over the period under review, the market reached the peak level at $X in 2021, and then reduced notably in the following year.

Refrigerated Vessel Production in Latin America and the Caribbean

In value terms, refrigerated vessel production declined slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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
HANNOVER MESSE 2024

Refrigerated Vessel Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of refrigerated vessels (ships) increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted strong growth. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, refrigerated vessel exports surged to $X in 2022. In general, exports enjoyed a measured expansion. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Panama (X units) represented roughly X% of total exports in 2022.

Panama was also the fastest-growing in terms of the refrigerated vessels (ships) exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Panama ($X) also remains the largest refrigerated vessel supplier in Latin America and the Caribbean.

From 2012 to 2022, the average annual growth rate of value in Panama totaled X%.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X,134 per unit in 2022, jumping by X% against the previous year. In general, the export price, however, continues to indicate a pronounced reduction. Over the period under review, the export prices attained the maximum at $X,794 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to X% per year.

Refrigerated Vessel Imports

Imports in Latin America and the Caribbean

Refrigerated vessel imports reduced remarkably to X units in 2022, dropping by X% compared with the year before. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X units in 2021, and then fell markedly in the following year.

In value terms, refrigerated vessel imports declined rapidly to $X in 2022. Over the period under review, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Panama (X units) represented roughly X% of total imports in 2022.

Panama was also the fastest-growing in terms of the refrigerated vessels (ships) imports, with a CAGR of X% from 2012 to 2022. Panama (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Panama ($X) constitutes the largest market for imported refrigerated vessels (ships) in Latin America and the Caribbean.

From 2012 to 2022, the average annual growth rate of value in Panama amounted to X%.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, faced a deep setback. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X,708 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Panama remains the largest refrigerated vessel consuming country in Latin America and the Caribbean, accounting for 96% of total volume.
The countries with the highest volumes of production in 2022 were Honduras, Trinidad and Tobago and Panama, together comprising 67% of total production. Moreover, refrigerated vessel production in Honduras exceeded the figures recorded by the region's second-largest producer, Trinidad and Tobago, twofold.
In value terms, Panama remains the largest refrigerated vessel supplier in Latin America and the Caribbean.
In value terms, Panama constitutes the largest market for imported refrigerated vessels ships) in Latin America and the Caribbean.
The export price in Latin America and the Caribbean stood at $1,193,134 per unit in 2022, increasing by 592% against the previous year.
In 2022, the import price in Latin America and the Caribbean amounted to $849,981 per unit, rising by 16% against the previous year.

This report provides an in-depth analysis of the refrigerated vessel 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.

Product coverage:

  • Prodcom 30112300 - Refrigerated vessels, except tankers

Country coverage:

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

Recommended reports

Asia - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 313

This report provides an in-depth analysis of the refrigerated vessel market in Asia.

U.S. - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 343

This report provides an in-depth analysis of the refrigerated vessel market in the U.S..

China - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 436

This report provides an in-depth analysis of the refrigerated vessel market in China.

EU - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 417

This report provides an in-depth analysis of the refrigerated vessel market in the EU.

World - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 843

This report provides an in-depth analysis of the global refrigerated vessel market.

Free Data: Refrigerated Vessels (Ships) - Latin America and the Caribbean
Table
Refrigerated Vessels (Ships) - Latin America and the Caribbean - Table
Dashboard
Refrigerated Vessels (Ships) - Latin America and the Caribbean - Dashboard
Report
Refrigerated Vessels (Ships) - Latin America and the Caribbean - Report