Latin America and the Caribbean: Agricultural Seeder Market 2020

Agricultural Seeder Market Size in Latin America and the Caribbean

The revenue of the agricultural seeder market in Latin America and the Caribbean amounted to $X in 2017, waning by -X% against the previous year. The total market indicated a mild increase 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 agricultural seeder consumption decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the agricultural seeder market reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Agricultural Seeder Production in Latin America and the Caribbean

In 2017, the amount of seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) produced in Latin America and the Caribbean totaled X units, shrinking by -X% against the previous year. The agricultural seeder production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, with an increase of X% year-to-year. In that year, the agricultural seeder production reached their peak volume of X units. From 2016 to 2017, growth of the agricultural seeder production failed to regain its momentum.

Agricultural Seeder Exports in Latin America and the Caribbean

In 2017, approx. X units of seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) were exported in Latin America and the Caribbean; increasing by X% against the previous year. The agricultural seeder exports continue to indicate a drastic curtailment. The pace of growth was the most pronounced in 2011, with an increase of X% against the previous year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, agricultural seeder exports stood at $X in 2017. The agricultural seeder exports continue to indicate an abrupt decrease. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Agricultural Seeder Exports by Country in Latin America and the Caribbean

Brazil represented the largest exporting country with an export of about X units, which accounted for X% of total exports. Mexico (X units) held a X% share (based on tons) of total exports, which put it in second place, followed by Argentina (X%).

Exports from Brazil decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Mexico (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Argentina (-X%) illustrated a downward trend over the same period. Argentina (X%) and Brazil (X%) significantly strengthened its position in terms of the global exports, while Mexico saw its share reduced by -X% from 2007 to 2017, respectively.

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

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

Agricultural Seeder Export Prices by Country in Latin America and the Caribbean

The agricultural seeder export price in Latin America and the Caribbean stood at $X thousand per unit in 2017, falling by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% y-o-y. In that year, the export prices for seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) attained their peak level of $X thousand per unit. From 2009 to 2017, growth of the export prices for seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Argentina ($X thousand per unit) and Mexico ($X thousand per unit), while Brazil ($X thousand per unit) and Mexico ($X thousand per unit) were amongst the lowest.

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

Agricultural Seeder Imports in Latin America and the Caribbean

In 2017, the amount of seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) imported in Latin America and the Caribbean stood at X units, declining by -X% against the previous year. The agricultural seeder imports continue to indicate a deep shrinkage. The pace of growth was the most pronounced in 2013, with an increase of X% y-o-y. Over the period under review, the agricultural seeder imports attained its peak figure volume of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, agricultural seeder imports amounted to $X in 2017. The total imports indicated a conspicuous growth from 2007 to 2017: its value decreased 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 agricultural seeder imports decreased by -X% against 2014 indices. Over the period under review, the agricultural seeder imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Agricultural Seeder Imports by Country in Latin America and the Caribbean

Paraguay was the main importing country with an import of about X units, which resulted at X% of total imports. Uruguay (X units) took the second position in the ranking, distantly followed by Mexico (X units) and Argentina (X units). All these countries together took near X% share of total imports. The following importers - Panama (X units), Guatemala (X units) and Anguilla (X units) each recorded a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to agricultural seeder imports into Paraguay stood at -X%. At the same time, Guatemala (+X%), Panama (+X%), Anguilla (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Uruguay (-X%) and Mexico (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Paraguay, Mexico and Uruguay increased by X%, X% and X% percentage points, while Anguilla (-X%), Guatemala (-X%), Panama (-X%) and Argentina (-X%) saw their share reduced.

In value terms, Uruguay ($X) constitutes the largest market for imported seeders for agricultural or horticultural use (excluding central driven precision spacing seeders) in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Paraguay ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Uruguay totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Paraguay (+X% per year) and Argentina (+X% per year).

Agricultural Seeder Import Prices by Country in Latin America and the Caribbean

In 2017, the agricultural seeder import price in Latin America and the Caribbean amounted to $X thousand per unit, going up by X% against the previous year. The agricultural seeder import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2012, an increase of X% y-o-y. The level of import price peaked of $X thousand per unit in 2014; however, from 2015 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 Uruguay ($X thousand per unit), while Anguilla ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform