Latin America and the Caribbean: Rotovator Market 2020

Rotovator Market Size in Latin America and the Caribbean

The revenue of the rotovator market in Latin America and the Caribbean amounted to $X in 2017, increasing by X% against the previous year. The rotovator consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. The level of rotovator consumption peaked in 2017, and is likely to continue its growth in the near future.

Rotovator Production in Latin America and the Caribbean

In 2017, production of rotovators in Latin America and the Caribbean stood at X units, dropping by -X% against the previous year. The rotovator production continues to indicate a mild slump. The pace of growth was the most pronounced in 2008, when the output figure increased by X% against the previous year. The volume of rotovator production peaked of X units in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Rotovator Exports in Latin America and the Caribbean

In 2017, rotovator exports in Latin America and the Caribbean totaled X units, falling by -X% against the previous year. The rotovator exports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2015, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, rotovator exports stood at $X in 2017. The rotovator exports continue to indicate a temperate reduction. In that year, the rotovator exports attained their peak level of $X. From 2011 to 2017, growth of the rotovator exports failed to regain its momentum.

Rotovator Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) was the main exporter for rotovators, making up X% of total exports. It was distantly followed by Colombia (X units), creating X% share of total exports. Brazil (X units) followed a long way behind the leaders.

Exports from Mexico decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Colombia (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Mexico and Brazil increased by X% and X% percentage points, while Colombia (-X%) saw their share reduced.

In value terms, Mexico ($X) remains the largest rotovator supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Colombia, with a X% share.

In Mexico, rotovator exports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Colombia (+X% per year).

Rotovator Export Prices by Country in Latin America and the Caribbean

In 2017, the rotovator export price in Latin America and the Caribbean amounted to $X per unit, going up by X% against the previous year. The rotovator export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016, an increase of X% year-to-year. Over the period under review, the export prices for rotovators attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X thousand per unit), while Colombia ($X per unit) was amongst the lowest.

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

Rotovator Imports in Latin America and the Caribbean

In 2017, approx. X units of rotovators were imported in Latin America and the Caribbean; going up by X% against the previous year. The rotovator imports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2017, with an increase of X% year-to-year. In that year, the rotovator imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, rotovator imports totaled $X in 2017. The total imports indicated a strong 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. Based on 2017 figures, the rotovator imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Rotovator Imports by Country in Latin America and the Caribbean

The imports of the four major importers of rotovators, namely Paraguay, El Salvador, Brazil and Mexico, represented more than two-thirds of total import. Honduras (X units) held the second position in the ranking, followed by the Dominican Republic (X units). All these countries together took near X% share of total imports. Ecuador (X units) took the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Paraguay (+X% per year), while the other leaders experienced more modest paces of growth.

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

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Paraguay (+X% per year).

Rotovator Import Prices by Country in Latin America and the Caribbean

In 2017, the rotovator import price in Latin America and the Caribbean amounted to $X per unit, waning by -X% against the previous year. The rotovator import price continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2012, an increase of X% year-to-year. The level of import price peaked of $X per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Mexico ($X thousand per unit), while Honduras ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform