Latin America and the Caribbean: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Latin America and the Caribbean

The Latin American straw for fodder balers market reached $X in 2022, leveling off at the previous year. Over the period under review, consumption saw a resilient increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Straw Or Fodder Balers, Including Pickup Balers in Latin America and the Caribbean

In value terms, straw for fodder balers production amounted to $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports in Latin America and the Caribbean

For the fourth consecutive year, LatAmerica and the Caribbean recorded decline in shipments abroad of straw or fodder balers, including pickup balers, which decreased by X% to X units in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, straw for fodder balers exports surged to $X in 2022. Overall, exports showed a deep slump. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X units), distantly followed by Argentina (X units), Colombia (X units) and Mexico (X units) were the major exporters of straw or fodder balers, including pickup balers, together mixing up X% of total exports. The following exporters - Uruguay (X units), Chile (X units) and El Salvador (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by El Salvador (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and Mexico ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Colombia, Chile, Uruguay and El Salvador lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price, however, saw a perceptible reduction. The level of export peaked at $X per unit in 2013; however, 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 Brazil ($X per unit), while El Salvador ($X per unit) 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.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports in Latin America and the Caribbean

In 2022, approx. X units of straw or fodder balers, including pickup balers were imported in Latin America and the Caribbean; growing by X% against 2021 figures. Overall, imports, however, continue to indicate a mild decrease. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, straw for fodder balers imports soared to $X in 2022. Over the period under review, imports, however, saw a mild contraction. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Mexico (X units), distantly followed by Brazil (X units), Chile (X units), Uruguay (X units), Argentina (X units) and Paraguay (X units) were the major importers of straw or fodder balers, including pickup balers, together making up X% of total imports. Peru (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest straw for fodder balers importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Chile ($X), together accounting for X% of total imports. Uruguay, Argentina, Paraguay and Peru lagged somewhat behind, together accounting for a further X%.

Peru, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

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 Paraguay ($X per unit), while Peru ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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