Latin America and the Caribbean: Copper Spring Market 2020

Copper Spring Market Size in Latin America and the Caribbean

The revenue of the copper spring market in Latin America and the Caribbean amounted to $X in 2017, going up by X% against the previous year. The copper spring consumption continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. Over the period under review, the copper spring market reached its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Copper Spring Production in Latin America and the Caribbean

In 2017, copper spring production in Latin America and the Caribbean totaled X tons, dropping by -X% against the previous year. The copper spring production continues to indicate a deep shrinkage. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. In that year, the copper spring production attained their peak volume of X tons. From 2012 to 2017, growth of the copper spring production failed to regain its momentum.

Copper Spring Exports in Latin America and the Caribbean

In 2017, the amount of copper springs exported in Latin America and the Caribbean amounted to X tons, jumping by X% against the previous year. The copper spring exports continue to indicate a prominent increase. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. In that year, the copper spring exports reached their peak volume of X tons. From 2015 to 2017, growth of the copper spring exports stood at a somewhat lower level.

In value terms, copper spring exports stood at $X in 2017. The copper spring exports continue to indicate a strong growth. In that year, the copper spring exports attained their peak level of $X. From 2015 to 2017, growth of the copper spring exports failed to regain its momentum.

Copper Spring Exports by Country in Latin America and the Caribbean

Mexico prevails in copper spring exports structure, amounting to X tons, which was approx. X% of total exports in 2017. It was distantly followed by Peru (X tons), making up X% share of total exports. Brazil (X tons) and Colombia (X tons) followed a long way behind the leaders.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Peru (+X%) and Colombia (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Brazil (-X%) illustrated a downward trend over the same period. While the share of Peru (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest copper spring supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Colombia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Colombia (+X% per year).

Copper Spring Export Prices by Country in Latin America and the Caribbean

In 2017, the copper spring export price in Latin America and the Caribbean amounted to $X per kg, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% y-o-y. The level of export price peaked of $X per kg in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per kg), while Peru ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Copper Spring Imports in Latin America and the Caribbean

In 2017, the amount of copper springs imported in Latin America and the Caribbean totaled X tons, approximately mirroring the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2016, leveling off in the following year.

In value terms, copper spring imports stood at $X in 2017. The copper spring imports continue to indicate a relatively flat trend pattern. Over the period under review, the copper spring imports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Copper Spring Imports by Country in Latin America and the Caribbean

Mexico was the largest importing country with an import of around X tons, which amounted to X% of total imports. Argentina (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Chile (X%). Brazil (X tons) and Peru (X tons) took the mild share of total imports.

From 2007 to 2017, average annual rates of growth with regard to copper spring imports into Mexico stood at -X%. At the same time, Chile (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Brazil experienced a relatively flat trend pattern. By contrast, Peru (-X%) illustrated a downward trend over the same period. Mexico (X%) significantly strengthened its position in terms of the global imports, while Chile and Argentina saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported copper springs in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of global imports. It was followed by Chile, with a X% share.

In Mexico, copper spring imports shrank by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Argentina (+X% per year) and Chile (+X% per year).

Copper Spring Import Prices by Country in Latin America and the Caribbean

The copper spring import price in Latin America and the Caribbean stood at $X per kg in 2017, surging by X% against the previous year. The copper spring import price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Over the period under review, the import prices for copper springs attained its maximum level of $X per kg in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Peru ($X per kg), while Argentina ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform