Latin America and the Caribbean: Aluminium Stranded Wire Market 2020

Aluminium Stranded Wire Market Size in Latin America and the Caribbean

The revenue of the aluminium stranded wire market in Latin America and the Caribbean amounted to $X in 2017, coming up by X% against the previous year. The aluminium stranded wire consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. Over the period under review, the aluminium stranded wire market attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Aluminium Stranded Wire Production in Latin America and the Caribbean

In 2017, approx. X tons of aluminium stranded wire, cables and plaited bands were produced in Latin America and the Caribbean; rising by X% against the previous year. The aluminium stranded wire production continues to indicate a moderate descent. The most prominent rate of growth was recorded in 2011, when the output figure increased by X% against the previous year. The volume of aluminium stranded wire production peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Aluminium Stranded Wire Exports in Latin America and the Caribbean

In 2017, approx. X tons of aluminium stranded wire, cables and plaited bands were exported in Latin America and the Caribbean; dropping by -X% against the previous year. The aluminium stranded wire exports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. In that year, the aluminium stranded wire exports reached their peak volume of X tons. From 2013 to 2017, growth of the aluminium stranded wire exports stood at a somewhat lower level.

In value terms, aluminium stranded wire exports stood at $X in 2017. The aluminium stranded wire exports continue to indicate a drastic deduction. In that year, the aluminium stranded wire exports reached their peak level of $X. From 2013 to 2017, growth of the aluminium stranded wire exports stood at a somewhat lower level.

Aluminium Stranded Wire Exports by Country in Latin America and the Caribbean

Mexico prevails in aluminium stranded wire exports structure, amounting to X tons, which was approx. X% of total exports in 2017. Honduras (X tons) ranks second in terms of the global exports with a X% share, followed by Colombia (X%), Venezuela (X%) and Brazil (X%). Ecuador (X tons) occupied the minor share of total exports.

Mexico was also the fastest growing in terms of the aluminium stranded wire, cables and plaited bands exports, with a CAGR of +X% from 2007 to 2017. Honduras (-X%), Ecuador (-X%), Colombia (-X%), Brazil (-X%) and Venezuela (-X%) illustrated a downward trend over the same period. Venezuela (X%), Brazil (X%), Colombia (X%), Honduras (X%) and Ecuador (X%) significantly strengthened its position in terms of the global exports, while Mexico saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Mexico ($X) remains the largest aluminium stranded wire supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Honduras ($X), with a X% share of global exports. It was followed by Venezuela, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Honduras (-X% per year) and Venezuela (-X% per year).

Aluminium Stranded Wire Export Prices by Country in Latin America and the Caribbean

In 2017, the aluminium stranded wire export price in Latin America and the Caribbean amounted to $X per ton, increasing by X% against the previous year. The aluminium stranded wire export price continues to indicate a moderate downturn. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. In that year, the export prices for aluminium stranded wire, cables and plaited bands reached their peak level of $X per ton. From 2009 to 2017, growth of the export prices for aluminium stranded wire, cables and plaited bands 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 Honduras ($X per ton) and Venezuela ($X per ton), while Colombia ($X per ton) and Mexico ($X per ton) were amongst the lowest.

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

Aluminium Stranded Wire Imports in Latin America and the Caribbean

In 2017, approx. X tons of aluminium stranded wire, cables and plaited bands were imported in Latin America and the Caribbean; lowering by -X% against the previous year. The aluminium stranded wire imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. Over the period under review, the aluminium stranded wire imports attained its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, aluminium stranded wire imports stood at $X in 2017. The aluminium stranded wire imports continue to indicate a moderate contraction. In that year, the aluminium stranded wire imports attained their peak level of $X. From 2013 to 2017, growth of the aluminium stranded wire imports stood at a somewhat lower level.

Aluminium Stranded Wire Imports by Country in Latin America and the Caribbean

Peru (X tons) and Chile (X tons) were the major importers of aluminium stranded wire, cables and plaited bands in 2017, amounting to near X% and X% of total imports, respectively. Bolivia (X tons) occupied the second position in the ranking, followed by Mexico (X tons), Colombia (X tons), Paraguay (X tons), Brazil (X tons) and Ecuador (X tons). All these countries together occupied near X% share of total imports. The Dominican Republic (X tons), Costa Rica (X tons) and Panama (X tons) followed a long way behind the leaders.

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

In value terms, the largest aluminium stranded wire markets worldwide were Peru ($X), Chile ($X) and Mexico ($X), with a combined X% share of total imports.

Among the main importing countries , Mexico (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Aluminium Stranded Wire Import Prices by Country in Latin America and the Caribbean

In 2017, the aluminium stranded wire import price in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. The aluminium stranded wire import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. Over the period under review, the import prices for aluminium stranded wire, cables and plaited bands attained its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

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

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

Source: IndexBox Platform