Latin America and the Caribbean: Colloidal Precious Metals Market 2025

Colloidal Precious Metals Market Size in Latin America and the Caribbean

The Latin American colloidal precious metals market rose slightly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Colloidal Precious Metals Production in Latin America and the Caribbean

In value terms, colloidal precious metals production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Colloidal Precious Metals Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, colloidal precious metals exports fell rapidly to $X in 2022. Over the period under review, exports saw a slight expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Brazil (X tons) and Peru (X tons) represented roughly X% of total exports in 2022. Colombia (X tons) took the next position in the ranking, followed by Mexico (X tons) and Chile (X tons). All these countries together took near X% share of total exports. The following exporters - Argentina (X tons) and Bahamas (X tons) - each resulted at a X% 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 Chile (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest colloidal precious metals supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Mexico, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (X% per year) and Mexico (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per kg in 2022, waning by X% against the previous year. Over the period under review, the export price, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per kg in 2020; however, from 2021 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 Argentina ($X per kg), while Bahamas ($X per kg) 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 more modest paces of growth.

Colloidal Precious Metals Imports

Imports in Latin America and the Caribbean

For the third year in a row, LatAmerica and the Caribbean recorded growth in purchases abroad of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate), which increased by X% to X tons in 2022. Overall, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, colloidal precious metals imports contracted slightly to $X in 2022. Over the period under review, imports recorded prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

Brazil represented the largest importing country with an import of about X tons, which finished at X% of total imports. Mexico (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Costa Rica (X%). Guatemala (X tons), Colombia (X tons), Argentina (X tons) and Venezuela (X tons) held a relatively small share of total imports.

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

In value terms, Mexico ($X) constitutes the largest market for imported colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Costa Rica, with a X% share.

In Mexico, colloidal precious metals imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Costa Rica (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per kg in 2022, dropping by X% against the previous year. In general, the import price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per kg in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Mexico ($X per kg), while Guatemala ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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