Latin America and the Caribbean: Market for Base Metal Automatic Door Closers 2025

Market Size for Base Metal Automatic Door Closers in Latin America and the Caribbean

In 2021, the Latin American metal automatic door closer market increased by 9.1% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Base Metal Automatic Door Closers in Latin America and the Caribbean

In value terms, metal automatic door closer production rose rapidly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 48% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Base Metal Automatic Door Closers

Exports in Latin America and the Caribbean

For the sixth year in a row, LatAmerica and the Caribbean recorded decline in shipments abroad of base metal automatic door closers, which decreased by -43.5% to X tons in 2021. In general, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 9.2% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal automatic door closer exports fell markedly to $X in 2021. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 16%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Mexico (X tons) was the key exporter of base metal automatic door closers, generating 58% of total exports. It was distantly followed by Brazil (X tons) and Colombia (X tons), together achieving a 29% share of total exports. Guyana (X tons) and Argentina (X tons) held a minor share of total exports.

Exports from Mexico decreased at an average annual rate of -10.0% from 2012 to 2021. At the same time, Guyana (+94.7%) and Colombia (+13.8%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +94.7% from 2012-2021. By contrast, Brazil (-17.9%) and Argentina (-23.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mexico, Colombia and Guyana increased by +21, +6.2 and +2.6 percentage points, respectively.

In value terms, Mexico ($X) remains the largest metal automatic door closer supplier in Latin America and the Caribbean, comprising 57% of total exports. The second position in the ranking was held by Brazil ($X), with a 24% share of total exports. It was followed by Guyana, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Mexico totaled -9.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-19.7% per year) and Guyana (+93.9% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, waning by -11.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 40%. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Guyana ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+9.7%), while the other leaders experienced more modest paces of growth.

Imports of Base Metal Automatic Door Closers

Imports in Latin America and the Caribbean

Metal automatic door closer imports rose rapidly to X tons in 2021, with an increase of 14% compared with 2020. In general, imports, however, continue to indicate a slight shrinkage. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, metal automatic door closer imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a perceptible reduction. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Brazil (X tons), distantly followed by Mexico (X tons), Colombia (X tons), the Dominican Republic (X tons) and Argentina (X tons) were the key importers of base metal automatic door closers, together committing 71% of total imports. Chile (X tons), Peru (X tons), Ecuador (X tons), Costa Rica (X tons), Panama (X tons), Guatemala (X tons) and Guyana (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Guyana (with a CAGR of +28.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 52% share of total imports. The Dominican Republic, Chile, Argentina, Costa Rica, Peru, Ecuador, Panama, Guatemala and Guyana lagged somewhat behind, together accounting for a further 30%.

In terms of the main importing countries, Guyana, with a CAGR of +18.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, rising by 2.2% against the previous year. Over the period under review, the import price, however, showed a noticeable decline. The growth pace was the most rapid in 2013 when the import price increased by 5.9%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Costa Rica ($X per ton), while Guyana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+4.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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