Latin America and the Caribbean: Unwrought Tin Alloys Market 2024

Unwrought Tin Alloys Market Size in Latin America and the Caribbean

The Latin American unwrought tin alloys market expanded markedly to $X in 2023, growing by X% against the previous year. In general, consumption, however, showed a perceptible curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Unwrought Tin Alloys Production in Latin America and the Caribbean

In value terms, unwrought tin alloys production soared to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

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Unwrought Tin Alloys Exports

Exports in Latin America and the Caribbean

In 2023, overseas shipments of unwrought tin alloys increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. In general, exports, however, recorded a noticeable decrease. The volume of export peaked at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, unwrought tin alloys exports skyrocketed to $X in 2023. Overall, exports, however, showed a slight reduction. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Mexico (X tons) was the key exporter of unwrought tin alloys, committing X% of total exports. Peru (X tons) held the second position in the ranking, distantly followed by Brazil (X tons) and Bolivia (X tons). All these countries together held near X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Peru ($X), Mexico ($X) and Bolivia ($X) were the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per ton, dropping by X% against the previous year. Export price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2022, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced more modest paces of growth.

Unwrought Tin Alloys Imports

Imports in Latin America and the Caribbean

Unwrought tin alloys imports fell notably to X tons in 2023, shrinking by X% compared with the previous year's figure. In general, imports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, unwrought tin alloys imports dropped remarkably to $X in 2023. Over the period under review, imports, however, continue to indicate a slight increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Chile (X tons) and Mexico (X tons) were the largest importers of unwrought tin alloys in Latin America and the Caribbean, together recording near X% of total imports. Ecuador (X tons) took the next position in the ranking, followed by Brazil (X tons) and Costa Rica (X tons). All these countries together held near X% share of total imports. Paraguay (X tons) and Cuba (X tons) took a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unwrought tin alloys importing markets in Latin America and the Caribbean were Mexico ($X), Chile ($X) and Brazil ($X), together accounting for X% of total imports. Costa Rica, Cuba, Ecuador and Paraguay lagged somewhat behind, together accounting for a further X%.

Costa Rica, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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

In 2023, the import price in Latin America and the Caribbean amounted to $X per ton, falling by X% against the previous year. Import price indicated a measured increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Costa Rica ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform