Latin America and the Caribbean: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2025

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Latin America and the Caribbean

In 2022, the Latin American market for chromium, manganese, lead and copper oxides and hydroxides increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, saw a slight contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Latin America and the Caribbean

In value terms, production of chromium, manganese, lead and copper oxides and hydroxides reached $X in 2022 estimated in export price. Overall, production, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports in Latin America and the Caribbean

In 2022, the amount of chromium, manganese, lead and copper oxides and hydroxides exported in Latin America and the Caribbean contracted remarkably to X tons, with a decrease of X% against the year before. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then declined markedly in the following year.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides declined significantly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then dropped notably in the following year.

Exports by Country

In 2022, Brazil (X tons) was the main exporter of chromium, manganese, lead and copper oxides and hydroxides, achieving X% of total exports. It was distantly followed by Costa Rica (X tons), Colombia (X tons) and Peru (X tons), together mixing up a X% share of total exports. Chile (X tons) held a little share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of chromium, manganese, lead and copper oxides and hydroxides. At the same time, Costa Rica (X%), Chile (X%) and Peru (X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%) illustrated a downward trend over the same period. Costa Rica (X p.p.), Peru (X p.p.) and Chile (X p.p.) significantly strengthened its position in terms of the total exports, while Colombia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Peru ($X) and Colombia ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Chile and Costa Rica lagged somewhat behind, together comprising a further X%.

Costa Rica, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the export price figures.

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports in Latin America and the Caribbean

In 2022, approx. X tons of chromium, manganese, lead and copper oxides and hydroxides were imported in Latin America and the Caribbean; picking up by X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons), distantly followed by Colombia (X tons), Chile (X tons), Argentina (X tons) and Peru (X tons) were the major importers of chromium, manganese, lead and copper oxides and hydroxides, together mixing up X% of total imports. The following importers - Costa Rica (X tons) and Ecuador (X tons) - each reached a X% 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 Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

In Brazil, imports of chromium, manganese, lead and copper oxides and hydroxides increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Colombia (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, showed a mild setback. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Chile ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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