Latin America and the Caribbean: Cast Metal Articles Market 2020

Cast Metal Articles Market Size in Latin America and the Caribbean

The revenue of the cast metal articles market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the cast metal articles market attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Cast Metal Articles Production in Latin America and the Caribbean

In 2017, the amount of cast articles of iron or steel produced in Latin America and the Caribbean amounted to X tons, approximately mirroring the previous year. The cast metal articles production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. The volume of cast metal articles production peaked in 2017, and is expected to retain its growth in the immediate term.

Cast Metal Articles Exports in Latin America and the Caribbean

In 2017, approx. X tons of cast articles of iron or steel were exported in Latin America and the Caribbean; going up by X% against the previous year. The cast metal articles exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when exports increased by X% against the previous year. In that year, the cast metal articles exports attained their peak volume of X tons. From 2013 to 2017, growth of the cast metal articles exports failed to regain its momentum.

In value terms, cast metal articles exports amounted to $X in 2017. The total exports indicated a mild expansion 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. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Cast Metal Articles Exports by Country in Latin America and the Caribbean

Chile represented the key exporting country with an export of around X tons, which accounted for X% of total exports. Peru (X tons) ranks second in terms of the global exports with a X% share, followed by Mexico (X%), Argentina (X%), Guatemala (X%) and Brazil (X%).

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

In value terms, the largest cast metal articles markets worldwide were Chile ($X), Mexico ($X) and Peru ($X), together comprising X% of total exports.

Chile (+X% per year) experienced the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Cast Metal Articles Export Prices by Country in Latin America and the Caribbean

The cast metal articles export price in Latin America and the Caribbean stood at $X per ton in 2017, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per ton), while Peru ($X per ton) 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 more modest paces of growth.

Cast Metal Articles Imports in Latin America and the Caribbean

In 2017, imports of cast articles of iron or steel in Latin America and the Caribbean totaled X tons, picking up by X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume increased 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 cast metal articles imports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2012, when it surged by X% year-to-year. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, cast metal articles imports stood at $X in 2017. The total imports indicated a remarkable expansion from 2007 to 2017: its value increased 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 cast metal articles imports decreased by -X% against 2014 indices. Over the period under review, the cast metal articles imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Cast Metal Articles Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X tons) and Brazil (X tons) were the key importers of cast articles of iron or steel in the globe, together recording approx. X% of total imports. Chile (X tons) occupied the second position in the ranking, followed by Peru (X tons). All these countries together held approx. X% share of total imports. The Dominican Republic (X tons), Suriname (X tons) and Argentina (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 the Dominican Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest cast metal articles markets worldwide were Brazil ($X), Mexico ($X) and Chile ($X), together accounting for X% of total imports. These countries were followed by Peru, the Dominican Republic, Suriname and Argentina, which together accounted for a further X%.

The Dominican Republic (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Cast Metal Articles Import Prices by Country in Latin America and the Caribbean

In 2017, the cast metal articles import price in Latin America and the Caribbean amounted to $X per ton, falling by -X% against the previous year. The cast metal articles import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Argentina ($X per ton), while Mexico ($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 Argentina (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform