Latin America and the Caribbean: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Latin America and the Caribbean

The Latin American chain scoops and sliders market shrank slightly to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Latin America and the Caribbean

In value terms, chain scoops and sliders production reduced to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 63% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in Latin America and the Caribbean

In 2022, overseas shipments of chain scoops, sliders, runners, end pieces and narrow strips increased by 6% to X tons, rising for the second year in a row after three years of decline. Total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, chain scoops and sliders exports expanded markedly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Brazil was the key exporter of chain scoops, sliders, runners, end pieces and narrow strips in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was approx. 49% of total exports in 2022. Peru (X tons) ranks second in terms of the total exports with a 30% share, followed by Paraguay (8.3%) and El Salvador (6%). Mexico (X tons) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by El Salvador (with a CAGR of +4.9%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest chain scoops and sliders supplier in Latin America and the Caribbean, comprising 61% of total exports. The second position in the ranking was held by Peru ($X), with a 22% share of total exports. It was followed by El Salvador, with an 8.5% share.

In Brazil, chain scoops and sliders exports increased at an average annual rate of +2.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (+4.6% per year) and El Salvador (+10.4% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, picking up by 8.4% against the previous year. In general, the export price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 10%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood 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 El Salvador ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+5.3%), while the other leaders experienced more modest paces of growth.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in Latin America and the Caribbean

In 2022, the amount of chain scoops, sliders, runners, end pieces and narrow strips imported in Latin America and the Caribbean declined slightly to X tons, remaining stable against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 23%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, chain scoops and sliders imports rose notably to $X in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Mexico represented the major importer of chain scoops, sliders, runners, end pieces and narrow strips in Latin America and the Caribbean, with the volume of imports amounting to X tons, which was approx. 42% of total imports in 2022. It was distantly followed by Brazil (X tons), Colombia (X tons), Argentina (X tons) and El Salvador (X tons), together mixing up a 44% share of total imports. The following importers - Peru (X tons) and Nicaragua (X tons) - each recorded a 7.7% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Nicaragua (with a CAGR of +101.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported chain scoops, sliders, runners, end pieces and narrow strips in Latin America and the Caribbean, comprising 46% of total imports. The second position in the ranking was taken by Brazil ($X), with a 15% share of total imports. It was followed by Argentina, with an 8.8% share.

In Mexico, chain scoops and sliders imports expanded at an average annual rate of +1.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+1.7% per year) and Argentina (+3.9% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, rising by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2021 an increase of 15%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Nicaragua ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+11.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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