Latin America and the Caribbean: Stainless Steel Tableware Market 2020

Stainless Steel Tableware Market Size in Latin America and the Caribbean

The revenue of the stainless steel tableware market in Latin America and the Caribbean amounted to $X in 2017, coming up by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2008, when market value increased by X% y-o-y. The level of stainless steel tableware consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Stainless Steel Tableware Production in Latin America and the Caribbean

In 2017, the amount of table flatware of stainless steel produced in Latin America and the Caribbean stood at X units, remaining stable against the previous year. The stainless steel tableware production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. Over the period under review, the stainless steel tableware production attained its peak figure volume in 2017, and is likely to continue its growth in the near future.

Stainless Steel Tableware Exports in Latin America and the Caribbean

In 2017, the amount of table flatware of stainless steel exported in Latin America and the Caribbean stood at X units, flattening at the previous year. The stainless steel tableware exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the stainless steel tableware exports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, stainless steel tableware exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the stainless steel tableware exports attained its maximum level in 2017, and are likely to see steady growth in the near future.

Stainless Steel Tableware Exports by Country in Latin America and the Caribbean

Brazil was the largest exporting country with an export of around X units, which finished at X% of total exports. Panama (X units) held the second position in the ranking, followed by Chile (X units). All these countries together took approx. X% share of total exports. Mexico (X units) occupied the slight share of total exports.

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

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

In Brazil, stainless steel tableware exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Panama (-X% per year) and Chile (+X% per year).

Stainless Steel Tableware Export Prices by Country in Latin America and the Caribbean

The stainless steel tableware export price in Latin America and the Caribbean stood at $X per thousand units in 2017, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Over the period under review, the export prices for table flatware of stainless steel attained its peak figure level of $X per thousand units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mexico ($X per unit), while Chile ($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 Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Stainless Steel Tableware Imports in Latin America and the Caribbean

In 2017, stainless steel tableware imports in Latin America and the Caribbean amounted to X units, approximately equating the previous year. The stainless steel tableware imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when imports increased by X% against the previous year. The volume of imports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, stainless steel tableware imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the stainless steel tableware imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Stainless Steel Tableware Imports by Country in Latin America and the Caribbean

The countries with the highest levels of stainless steel tableware imports in 2017 were Brazil (X units), Chile (X units) and Mexico (X units), together accounting for X% of total import. Bolivia (X units) held the second position in the ranking, followed by Colombia (X units), Peru (X units) and Argentina (X units). All these countries together occupied approx. X% share of total imports. Guatemala (X units), Paraguay (X units), Venezuela (X units), Ecuador (X units) and Costa Rica (X units) took the weak 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 Bolivia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel tableware markets worldwide were Mexico ($X), Chile ($X) and Brazil ($X), together accounting for X% of total imports. Colombia, Peru, Argentina, Bolivia, Paraguay, Venezuela, Guatemala, Ecuador and Costa Rica lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Bolivia (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Stainless Steel Tableware Import Prices by Country in Latin America and the Caribbean

The stainless steel tableware import price in Latin America and the Caribbean stood at $X per thousand units in 2017, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, an increase of X% y-o-y. Over the period under review, the import prices for table flatware of stainless steel reached its peak figure level of $X per thousand units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mexico ($X per thousand units), while Bolivia ($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 Costa Rica (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform