Latin America and the Caribbean: Cold Metal-Rolling Mill Market 2024

Cold Metal-Rolling Mill Market Size in Latin America and the Caribbean

The Latin American cold metal-rolling mill market skyrocketed to $X in 2022, increasing by X% against the previous year. In general, consumption enjoyed a prominent increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Cold Metal-Rolling Mill Production in Latin America and the Caribbean

In value terms, cold metal-rolling mill production soared to $X in 2022 estimated in export price. Over the period under review, production showed a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cold Metal-Rolling Mill Exports

Exports in Latin America and the Caribbean

In 2022, the amount of cold metal-rolling mills exported in Latin America and the Caribbean dropped rapidly to X units, shrinking by X% compared with the previous year. Over the period under review, exports showed a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then dropped notably in the following year.

In value terms, cold metal-rolling mill exports surged to $X in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X units) represented the main exporter of cold metal-rolling mills, mixing up X% of total exports. Mexico (X units) held the second position in the ranking, followed by Peru (X units), Colombia (X units), Costa Rica (X units) and El Salvador (X units). All these countries together took near X% share of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Peru (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Mexico (X%), El Salvador (X%), Costa Rica (X%) and Colombia (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.), Peru (X p.p.), Costa Rica (X p.p.) and El Salvador (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Colombia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Costa Rica ($X), Brazil ($X) and Peru ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, saw a perceptible decline. Over the period under review, the export prices hit record highs at $X per unit 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 Costa Rica ($X per unit), while Colombia ($X per unit) was amongst the lowest.

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

Cold Metal-Rolling Mill Imports

Imports in Latin America and the Caribbean

Cold metal-rolling mill imports surged to X units in 2022, picking up by X% on the previous year. Overall, imports, however, saw a relatively flat trend pattern. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cold metal-rolling mill imports skyrocketed to $X in 2022. Over the period under review, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

El Salvador dominates imports structure, amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Brazil (X units), Peru (X units) and Chile (X units), together creating a X% share of total imports. The following importers - Guatemala (X units), the Dominican Republic (X units), Colombia (X units) and Bolivia (X units) - together made up X% of total imports.

El Salvador was also the fastest-growing in terms of the cold metal-rolling mills imports, with a CAGR of X% from 2012 to 2022. At the same time, Guatemala (X%) and the Dominican Republic (X%) displayed positive paces of growth. By contrast, Peru (X%), Colombia (X%), Chile (X%), Bolivia (X%) and Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of El Salvador and Guatemala increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported cold metal-rolling mills in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports. It was followed by Guatemala, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Guatemala (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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