Latin America and the Caribbean: Working Rubber Machinery Market 2020

Working Rubber Machinery Market Size in Latin America and the Caribbean

The revenue of the working rubber machinery market in Latin America and the Caribbean amounted to $X in 2017, declining by -X% against the previous year. The working rubber machinery consumption continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the working rubber machinery market reached its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Working Rubber Machinery Production in Latin America and the Caribbean

The working rubber machinery production amounted to X units in 2017, picking up by X% against the previous year. The working rubber machinery production continues to indicate a slight setback. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. In that year, the working rubber machinery production attained their peak volume of X units. From 2011 to 2017, growth of the working rubber machinery production stood at a somewhat lower level.

Working Rubber Machinery Exports in Latin America and the Caribbean

In 2017, the amount of machinery for working rubber or plastics exported in Latin America and the Caribbean stood at X units, rising by X% against the previous year. The total exports indicated a prominent increase from 2007 to 2017: its volume 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 working rubber machinery exports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2017, with an increase of X% year-to-year. Over the period under review, the working rubber machinery exports attained its peak figure volume of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, working rubber machinery exports amounted to $X in 2017. The working rubber machinery exports continue to indicate a relatively flat trend pattern. Over the period under review, the working rubber machinery exports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Working Rubber Machinery Exports by Country in Latin America and the Caribbean

Mexico (X units) and Brazil (X units) prevails in working rubber machinery exports structure, together generating X% of total exports. Colombia (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Colombia ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports.

Colombia (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Working Rubber Machinery Export Prices by Country in Latin America and the Caribbean

In 2017, the working rubber machinery export price in Latin America and the Caribbean amounted to $X thousand per unit, going down by -X% against the previous year. The working rubber machinery export price continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2016, when the export prices increased by X% against the previous year. Over the period under review, the export prices for machinery for working rubber or plastics attained its peak figure level of $X thousand per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Brazil ($X thousand per unit) and Mexico ($X thousand per unit), while Colombia ($X thousand per unit) and Mexico ($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 Mexico (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Working Rubber Machinery Imports in Latin America and the Caribbean

The imports totaled X units in 2017, picking up by X% against the previous year. The working rubber machinery imports continue to indicate a prominent growth. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, working rubber machinery imports totaled $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 indicated some noticeable fluctuations over the period under review. The level of imports peaked in 2017, and are likely to see steady growth in the near future.

Working Rubber Machinery Imports by Country in Latin America and the Caribbean

Mexico dominates working rubber machinery imports structure, amounting to X units, which was approx. X% of total imports in 2017. It was distantly followed by Venezuela (X units), generating X% share of total imports. Brazil (X units) held the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to working rubber machinery imports into Mexico stood at +X%. At the same time, Venezuela (+X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Brazil (-X%) illustrated a downward trend over the same period. Venezuela (-X%) and Mexico (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported machinery for working rubber or plastics in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Venezuela, with a X% share.

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

Working Rubber Machinery Import Prices by Country in Latin America and the Caribbean

In 2017, the working rubber machinery import price in Latin America and the Caribbean amounted to $X thousand per unit, going down by -X% against the previous year. The working rubber machinery import price continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2012, an increase of X% against the previous year. In that year, the import prices for machinery for working rubber or plastics attained their peak level of $X thousand per unit. From 2013 to 2017, growth of the import prices for machinery for working rubber or plastics failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X thousand per unit), while Mexico ($X thousand per unit) was amongst the lowest.

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

Source: IndexBox Platform