Latin America and the Caribbean: Domestic Cooking Plate Market 2020

Domestic Cooking Plate Market Size in Latin America and the Caribbean

The revenue of the domestic cooking plate market in Latin America and the Caribbean amounted to $X in 2017, coming up by X% against the previous year. The domestic cooking plate consumption continues to indicate a measured setback. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. The level of domestic cooking plate consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Domestic Cooking Plate Production in Latin America and the Caribbean

The domestic cooking plate production amounted to X units in 2017, going down by -X% against the previous year. The domestic cooking plate production continues to indicate a measured downturn. The pace of growth was the most pronounced in 2016, with an increase of X% year-to-year. Over the period under review, the domestic cooking plate production attained its maximum volume of X units in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Domestic Cooking Plate Exports in Latin America and the Caribbean

The exports totaled X units in 2017, waning by -X% against the previous year. The domestic cooking plate exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2016, when it surged by X% year-to-year. In that year, the domestic cooking plate exports attained their peak volume of X units, and then declined slightly in the following year.

In value terms, domestic cooking plate exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. In that year, the domestic cooking plate exports attained their peak level of $X. From 2014 to 2017, growth of the domestic cooking plate exports stood at a somewhat lower level.

Domestic Cooking Plate Exports by Country in Latin America and the Caribbean

Mexico prevails in domestic cooking plate exports structure, accounting for X units, which was approx. X% of total exports in 2017. Brazil (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Panama (X%). Chile (X units) occupied the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to domestic cooking plate exports from Mexico stood at +X%. At the same time, Chile (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Panama (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Panama increased by X% percentage points, while Chile (-X%), Brazil (-X%) and Mexico (-X%) saw their share reduced.

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

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

Domestic Cooking Plate Export Prices by Country in Latin America and the Caribbean

The domestic cooking plate export price in Latin America and the Caribbean stood at $X per unit in 2017, rising by X% against the previous year. The domestic cooking plate export price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2017, an increase of X% year-to-year. Over the period under review, the export prices for domestic electric cooking plates, boiling rings and hobs reached its maximum level of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Panama (+X% per year), while the other leaders experienced a decline in the export price figures.

Domestic Cooking Plate Imports in Latin America and the Caribbean

In 2017, the amount of domestic electric cooking plates, boiling rings and hobs imported in Latin America and the Caribbean amounted to X units, growing by X% against the previous year. The total imports indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the domestic cooking plate imports reached its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, domestic cooking plate imports totaled $X in 2017. The total imports indicated a noticeable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the domestic cooking plate imports decreased by -X% against 2014 indices. Over the period under review, the domestic cooking plate imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Domestic Cooking Plate Imports by Country in Latin America and the Caribbean

In 2017, Brazil (X units) and Mexico (X units) represented the main importers of domestic electric cooking plates, boiling rings and hobs in the globe, together amounting to near X% of total imports. Costa Rica (X units) held the second position in the ranking, followed by Chile (X units), Argentina (X units) and Peru (X units). All these countries together took near X% share of total imports. Paraguay (X units) occupied the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Paraguay (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Chile ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Argentina, Costa Rica, Peru and Paraguay lagged somewhat behind, together comprising a further X%.

Paraguay (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Domestic Cooking Plate Import Prices by Country in Latin America and the Caribbean

The domestic cooking plate import price in Latin America and the Caribbean stood at $X per unit in 2017, dropping by -X% against the previous year. The domestic cooking plate import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, an increase of X% y-o-y. Over the period under review, the import prices for domestic electric cooking plates, boiling rings and hobs reached its peak figure level of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Chile ($X per unit), while Costa Rica ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform