Latin America and the Caribbean: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2025

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in Latin America and the Caribbean

In 2021, the Latin American chloride oxides of metal market was finally on the rise to reach $X after three years of decline. The total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -37.4% against 2017 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in Latin America and the Caribbean

In value terms, chloride oxides of metal production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 25%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports in Latin America and the Caribbean

In 2021, after five years of growth, there was significant decline in overseas shipments of chloride oxides and chloride hydroxides of copper and other metals, when their volume decreased by -29% to X tons. Total exports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 29% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then shrank rapidly in the following year.

In value terms, chloride oxides of metal exports expanded remarkably to $X in 2021. The total export value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 26% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2021, Colombia (X tons) was the main exporter of chloride oxides and chloride hydroxides of copper and other metals, generating 42% of total exports. Peru (X tons) held an 18% share (based on physical terms) of total exports, which put it in second place, followed by Paraguay (17%), Brazil (8.6%), Guatemala (5.8%) and Chile (4.8%).

Exports from Colombia increased at an average annual rate of +14.4% from 2012 to 2021. At the same time, Paraguay (+36.4%), Guatemala (+24.1%), Brazil (+22.7%), Chile (+13.5%) and Peru (+3.0%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +36.4% from 2012-2021. While the share of Colombia (+26 p.p.), Paraguay (+17 p.p.), Brazil (+6.8 p.p.), Guatemala (+4.8 p.p.) and Chile (+2.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) remains the largest chloride oxides of metal supplier in Latin America and the Caribbean, comprising 52% of total exports. The second position in the ranking was taken by Chile ($X), with a 14% share of total exports. It was followed by Colombia, with a 13% share.

From 2012 to 2021, the average annual growth rate of value in Peru totaled +4.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+14.3% per year) and Colombia (+17.4% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, growing by 55% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+17.5%), while the other leaders experienced more modest paces of growth.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports in Latin America and the Caribbean

After four years of growth, supplies from abroad of chloride oxides and chloride hydroxides of copper and other metals decreased by -3.3% to X tons in 2021. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.6% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 30%. The volume of import peaked at X tons in 2020, and then fell modestly in the following year.

In value terms, chloride oxides of metal imports rose notably to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 33% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of chloride oxides of metal imports in 2021 were Brazil (X tons), Chile (X tons), Colombia (X tons), Argentina (X tons), Mexico (X tons), Guatemala (X tons) and Peru (X tons), together reaching 88% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Chile (with a CAGR of +40.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported chloride oxides and chloride hydroxides of copper and other metals in Latin America and the Caribbean, comprising 32% of total imports. The second position in the ranking was held by Colombia ($X), with a 13% share of total imports. It was followed by Mexico, with a 13% share.

In Brazil, chloride oxides of metal imports expanded at an average annual rate of +18.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Colombia (+7.9% per year) and Mexico (+10.4% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, with an increase of 13% against the previous year. In general, the import price, however, recorded a mild decrease. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+9.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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