Latin America and the Caribbean: Carbon Brush Market 2025

Carbon Brush Market Size in Latin America and the Caribbean

The Latin American carbon brush market expanded markedly to $X in 2021, picking up by 12% against the previous year. The total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.5% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Carbon Brush Production in Latin America and the Caribbean

In value terms, carbon brush production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production saw perceptible growth. The most prominent rate of growth was recorded in 2018 with an increase of 43%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Carbon Brush Exports

Exports in Latin America and the Caribbean

Carbon brush exports rose rapidly to X tons in 2021, picking up by 13% against the previous year's figure. The total export volume increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, carbon brush exports soared to $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico was the key exporting country with an export of about X tons, which recorded 73% of total exports. It was distantly followed by Brazil (X tons), making up a 24% share of total exports.

Mexico was also the fastest-growing in terms of the carbon brushes exports, with a CAGR of +3.9% from 2012 to 2021. Brazil experienced a relatively flat trend pattern. Mexico (+8.7 p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by -5.1% from 2012 to 2021, respectively.

In value terms, Mexico ($X) remains the largest carbon brush supplier in Latin America and the Caribbean, comprising 78% of total exports. The second position in the ranking was taken by Brazil ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Mexico stood at +7.8%.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, surging by 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2017 an increase of 15% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Mexico ($X per ton), while Brazil amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+3.7%).

Carbon Brush Imports

Imports in Latin America and the Caribbean

In 2021, overseas purchases of carbon brushes increased by 39% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, carbon brush imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Mexico represented the largest importing country with an import of around X tons, which reached 55% of total imports. Brazil (X tons) held the second position in the ranking, distantly followed by Chile (X tons). All these countries together took approx. 21% share of total imports. The following importers - Peru (X tons), Argentina (X tons), Colombia (X tons), Costa Rica (X tons) and Ecuador (X tons) - together made up 16% of total imports.

From 2012 to 2021, average annual rates of growth with regard to carbon brush imports into Mexico stood at -1.2%. At the same time, Peru (+5.7%), Costa Rica (+5.5%), Argentina (+4.5%), Brazil (+3.7%) and Chile (+1.6%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +5.7% from 2012-2021. By contrast, Colombia (-1.7%) and Ecuador (-2.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil and Peru increased by +4.7 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported carbon brushes in Latin America and the Caribbean, comprising 55% of total imports. The second position in the ranking was held by Brazil ($X), with a 19% share of total imports. It was followed by Chile, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value in Mexico totaled +2.7%. In the other countries, the average annual rates were as follows: Brazil (+3.8% per year) and Chile (+3.2% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, growing by 4.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2016 an increase of 11% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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