Latin America and the Caribbean: Cardan Shaft Market 2020

Cardan Shaft Market Size in Latin America and the Caribbean

The revenue of the cardan shaft market in Latin America and the Caribbean amounted to $X in 2017, picking up by X% against the previous year. The cardan shaft consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when market value increased by X% year-to-year. The level of cardan shaft consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cardan Shaft Production in Latin America and the Caribbean

In 2017, approx. X units of cardan shafts were produced in Latin America and the Caribbean; coming up by X% against the previous year. The cardan shaft production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when it surged by X% year-to-year. In that year, the cardan shaft production attained their peak volume, and is likely to continue its growth in the immediate term.

Cardan Shaft Exports in Latin America and the Caribbean

In 2017, approx. X units of cardan shafts were exported in Latin America and the Caribbean; lowering by -X% against the previous year. The cardan shaft exports continue to indicate a mild increase. The pace of growth appeared the most rapid in 2012, when exports increased by X% against the previous year. In that year, the cardan shaft exports reached their peak volume of X units. From 2013 to 2017, growth of the cardan shaft exports stood at a somewhat lower level.

In value terms, cardan shaft exports amounted to $X in 2017. The cardan shaft exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Cardan Shaft Exports by Country in Latin America and the Caribbean

Brazil represented the largest exporting country with an export of about X units, which amounted to X% of total exports. Mexico (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Argentina (X%).

From 2007 to 2017, average annual rates of growth with regard to cardan shaft exports from Brazil stood at +X%. At the same time, Argentina (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Argentina (-X%), Mexico (-X%) and Brazil (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cardan shaft markets worldwide were Mexico ($X), Brazil ($X) and Argentina ($X), together accounting for X% of total exports.

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

Cardan Shaft Export Prices by Country in Latin America and the Caribbean

In 2017, the cardan shaft export price in Latin America and the Caribbean amounted to $X per unit, coming up by X% against the previous year. The cardan shaft export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, when the export prices increased by X% year-to-year. Over the period under review, the export prices for cardan shafts reached its peak figure level of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mexico ($X per unit), while Argentina ($X per thousand units) was amongst the lowest.

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

Cardan Shaft Imports in Latin America and the Caribbean

In 2017, cardan shaft imports in Latin America and the Caribbean stood at X units, falling by -X% against the previous year. The cardan shaft imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the cardan shaft imports attained its maximum volume of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, cardan shaft imports amounted to $X in 2017. The total imports indicated a remarkable growth from 2007 to 2017: its value decreased 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 cardan shaft imports decreased by -X% against 2014 indices. Over the period under review, the cardan shaft imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Cardan Shaft Imports by Country in Latin America and the Caribbean

Brazil represented the major importer of cardan shafts in Latin America and the Caribbean, with the volume of imports recording X units, which was approx. X% of total imports in 2017. It was distantly followed by Mexico (X units) and Argentina (X units), together constituting X% share of total imports. The following importers - Colombia (X units), Peru (X units) and Chile (X units) each finished at a X% share of total imports.

Brazil experienced a relatively flat trend pattern of cardan shafts imports. At the same time, Colombia (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Argentina (-X%), Peru (-X%), Mexico (-X%) and Chile (-X%) illustrated a downward trend over the same period. Mexico (X%) and Chile (X%) significantly strengthened 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 ($X) constitutes the largest market for imported cardan shafts in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

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

Cardan Shaft Import Prices by Country in Latin America and the Caribbean

The cardan shaft import price in Latin America and the Caribbean stood at $X per unit in 2017, growing by X% against the previous year. The import price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2009, when it surged by X% against the previous year. The level of import price peaked in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mexico ($X per unit), while Brazil ($X per thousand units) 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