Latin America and the Caribbean: Domestic Electric Grill Market 2020

Domestic Electric Grill Market Size in Latin America and the Caribbean

The revenue of the domestic electric grill market in Latin America and the Caribbean amounted to $X in 2017, coming up by X% against the previous year. The domestic electric grill consumption continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2017, when market value increased by X% year-to-year. The level of domestic electric grill consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Domestic Electric Grill Production in Latin America and the Caribbean

The domestic electric grill production totaled X units in 2017, lowering by -X% against the previous year. The domestic electric grill production continues to indicate a measured deduction. The growth pace was the most rapid in 2016, when the output figure increased by X% y-o-y. The volume of domestic electric grill production peaked of X units in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Domestic Electric Grill Exports in Latin America and the Caribbean

In 2017, domestic electric grill exports in Latin America and the Caribbean amounted to X units, reducing by -X% against the previous year. The domestic electric grill exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016, when exports increased by X% year-to-year. In that year, the domestic electric grill exports reached their peak volume of X units, and then declined slightly in the following year.

In value terms, domestic electric grill exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. In that year, the domestic electric grill exports reached their peak level of $X. From 2014 to 2017, growth of the domestic electric grill exports failed to regain its momentum.

Domestic Electric Grill Exports by Country in Latin America and the Caribbean

Mexico dominates domestic electric grill exports structure, reaching X units, which was approx. X% of total exports in 2017. It was distantly followed by Brazil (X units), constituting X% share of total exports. Panama (X units) and Chile (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to domestic electric grill exports from Mexico stood at +X%. At the same time, Chile (+X%), Panama (+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. While the share of Chile (-X%), Panama (-X%), Brazil (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, domestic electric grill exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Panama (+X% per year).

Domestic Electric Grill Export Prices by Country in Latin America and the Caribbean

In 2017, the domestic electric grill export price in Latin America and the Caribbean amounted to $X per unit, jumping by X% against the previous year. The domestic electric grill export price continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. The level of export price peaked of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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 Brazil (-X% per year), while the other leaders experienced a decline in the export price figures.

Domestic Electric Grill Imports in Latin America and the Caribbean

In 2017, approx. X units of domestic electric grills and roasters were imported in Latin America and the Caribbean; surging by X% against the previous year. The domestic electric grill imports continue to indicate a strong growth. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, domestic electric grill imports totaled $X in 2017. The total imports indicated a strong increase 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 electric grill imports decreased by -X% against 2014 indices. Over the period under review, the domestic electric grill imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Domestic Electric Grill Imports by Country in Latin America and the Caribbean

Mexico (X units) and Costa Rica (X units) represented roughly X% of total imports of domestic electric grills and roasters in 2017. Argentina (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Chile (X%), Brazil (X%), Paraguay (X%) and Peru (X%).

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

In value terms, Brazil ($X), Chile ($X) and Mexico ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Argentina, Costa Rica, Paraguay and Peru, which together accounted for a further X%.

Among the main importing countries , Peru (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Domestic Electric Grill Import Prices by Country in Latin America and the Caribbean

The domestic electric grill import price in Latin America and the Caribbean stood at $X per unit in 2017, reducing by -X% against the previous year. The domestic electric grill import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. The level of import price peaked of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X per unit), while Costa Rica ($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