Latin America and the Caribbean: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Latin America and the Caribbean

In 2022, the Latin American billiard accessoires market decreased by -6.5% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a pronounced contraction. The pace of growth appeared the most rapid in 2020 with an increase of 8.9% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Billiard Accessoires Production in Latin America and the Caribbean

In value terms, billiard accessoires production rose to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Billiard Accessoires Exports

Exports in Latin America and the Caribbean

In 2022, the amount of articles and accessories for billiards exported in Latin America and the Caribbean skyrocketed to X tons, with an increase of 137% on the previous year. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 195% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, billiard accessoires exports shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 96%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil dominates exports structure, amounting to X tons, which was approx. 95% of total exports in 2022. Colombia (X tons) took a relatively small share of total exports.

Brazil was also the fastest-growing in terms of the articles and accessories for billiards exports, with a CAGR of +26.3% from 2012 to 2022. At the same time, Colombia (+16.2%) displayed positive paces of growth. Brazil (+34 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest billiard accessoires supplier in Latin America and the Caribbean, comprising 52% of total exports. The second position in the ranking was taken by Colombia ($X), with a 7.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at -7.3%.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, dropping by -63.8% against the previous year. Overall, the export price recorded a sharp setback. The growth pace was the most rapid in 2017 when the export price increased by 34% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

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 Colombia ($X per ton), while Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-2.4%).

Billiard Accessoires Imports

Imports in Latin America and the Caribbean

For the fourth year in a row, LatAmerica and the Caribbean recorded growth in supplies from abroad of articles and accessories for billiards, which increased by 0.5% to X tons in 2022. Over the period under review, imports, however, continue to indicate a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, billiard accessoires imports totaled $X in 2022. In general, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Chile (X tons) and Mexico (X tons) represented roughly 52% of total imports in 2022. Argentina (X tons) took the next position in the ranking, followed by Brazil (X tons) and the Dominican Republic (X tons). All these countries together held approx. 24% share of total imports. Colombia (X tons), Uruguay (X tons), Peru (X tons), Guatemala (X tons) and Honduras (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +20.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest billiard accessoires importing markets in Latin America and the Caribbean were Chile ($X), Mexico ($X) and Argentina ($X), together comprising 62% of total imports.

Among the main importing countries, Argentina, with a CAGR of +12.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, almost unchanged from the previous year. Overall, the import price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 an increase of 9.7% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Uruguay ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :