Latin America and the Caribbean: Market for Silver And Gold Plated Flatware 2019

Market Size for Silver And Gold Plated Flatware in Latin America and the Caribbean

The revenue of the silver and gold plated flatware market in Latin America and the Caribbean amounted to $X in 2017, stabilizing at the previous year. The consumption of silver and gold plated flatware continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2015, when market value increased by X% against the previous year. In that year, the market for silver and gold plated flatware reached their peak level of $X. From 2016 to 2017, growth of the market for silver and gold plated flatware failed to regain its momentum.

Production of Silver And Gold Plated Flatware in Latin America and the Caribbean

In 2017, approx. X units of silver and gold plated flatware were produced in Latin America and the Caribbean; remaining constant against the previous year. The production of silver and gold plated flatware continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the production of silver and gold plated flatware attained its peak figure volume in 2017, and is likely to continue its growth in the near future.

Exports of Silver And Gold Plated Flatware in Latin America and the Caribbean

In 2017, the amount of silver and gold plated flatware exported in Latin America and the Caribbean totaled X units, increasing by X% against the previous year. The exports of silver and gold plated flatware continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. Over the period under review, the exports of silver and gold plated flatware reached its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, exports of silver and gold plated flatware totaled $X in 2017. The exports of silver and gold plated flatware continue to indicate a deep reduction. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Exports of Silver And Gold Plated Flatware by Country in Latin America and the Caribbean

Panama represented the key exporter of silver and gold plated flatware in Latin America and the Caribbean, with the volume of exports accounting for X units, which was approx. X% of total exports in 2017. It was distantly followed by Guatemala (X units), creating X% share of total exports. Peru (X units) and Chile (X units) followed a long way behind the leaders.

Exports from Panama decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Guatemala (+X%) and Peru (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Chile (-X%) illustrated a downward trend over the same period. While the share of Panama (X%) and Chile (X%) increased significantly in terms of the global exports from 2007-2017, the share of Peru (-X%) and Guatemala (-X%) displayed negative dynamics.

In value terms, Panama ($X) remains the largest silver and gold plated flatware supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Guatemala ($X), with a X% share of global exports. It was followed by Chile, with a X% share.

In Panama, exports of silver and gold plated flatware shrank by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Guatemala (+X% per year) and Chile (+X% per year).

Export Prices for Silver And Gold Plated Flatware by Country in Latin America and the Caribbean

In 2017, the export price for silver and gold plated flatware in Latin America and the Caribbean amounted to $X per thousand units, remaining constant against the previous year. The export price for silver and gold plated flatware continues to indicate a strong increase. The pace of growth was the most pronounced in 2015, when it surged by X% y-o-y. In that year, the export prices for silver and gold plated flatware reached their peak level of $X per unit. From 2016 to 2017, growth of the export prices for silver and gold plated flatware stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Chile ($X per unit), while Guatemala ($X per thousand units) was amongst the lowest.

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

Imports of Silver And Gold Plated Flatware in Latin America and the Caribbean

In 2017, the amount of silver and gold plated flatware imported in Latin America and the Caribbean amounted to X units, growing by X% against the previous year. The imports of silver and gold plated flatware continue to indicate a measured decrease. The pace of growth appeared the most rapid in 2011, with an increase of X% against the previous year. In that year, the imports of silver and gold plated flatware attained their peak volume of X units. From 2012 to 2017, growth of the imports of silver and gold plated flatware stood at a somewhat lower level.

In value terms, imports of silver and gold plated flatware amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the imports of silver and gold plated flatware reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Imports of Silver And Gold Plated Flatware by Country in Latin America and the Caribbean

Mexico represented the main importing country with an import of about X units, which recorded X% of total imports. It was distantly followed by Colombia (X units), Panama (X units), Guatemala (X units), Chile (X units) and Venezuela (X units), together achieving X% share of total imports. Peru (X units), Costa Rica (X units), Brazil (X units), the Dominican Republic (X units), Honduras (X units) and Paraguay (X units) occupied the slight share of total imports.

Imports into Mexico decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Guatemala (+X%), Paraguay (+X%), Chile (+X%), Costa Rica (+X%), the Dominican Republic (+X%), Venezuela (+X%), Colombia (+X%) and Peru (+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, Honduras (-X%), Brazil (-X%) and Panama (-X%) illustrated a downward trend over the same period. Panama (X%), Mexico (X%) and Brazil (X%) significantly strengthened its position in terms of the global imports, while Venezuela, Colombia, Chile and Guatemala saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, imports of silver and gold plated flatware remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Colombia (+X% per year).

Import Prices for Silver And Gold Plated Flatware by Country in Latin America and the Caribbean

The import price for silver and gold plated flatware in Latin America and the Caribbean stood at $X per thousand units in 2017, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. The level of import price peaked in 2017, and is likely to see steady growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Dominican Republic ($X per unit), while Honduras ($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 Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform