Latin America and the Caribbean: Electric Brazing Machine Market 2025

Electric Brazing Machine Market Size in Latin America and the Caribbean

In 2022, the Latin American electric brazing machine market increased by 19% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Electric Brazing Machine Production in Latin America and the Caribbean

In value terms, electric brazing machine production soared to $X in 2022 estimated in export price. In general, production, however, saw a sharp reduction. The pace of growth was the most pronounced in 2015 with an increase of 1,364%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Electric Brazing Machine Exports

Exports in Latin America and the Caribbean

Electric brazing machine exports contracted remarkably to X units in 2022, shrinking by -22.5% against the previous year. Overall, exports showed a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 313%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, electric brazing machine exports rose slightly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 486%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Mexico (X units) represented the major exporter of electric brazing or soldering machines and apparatus, generating 40% of total exports. Chile (X units) held the second position in the ranking, followed by the Dominican Republic (X units), Panama (X units), Venezuela (X units), Costa Rica (X units) and Brazil (X units). All these countries together took near 44% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electric brazing machine exports from Mexico stood at -1.4%. At the same time, Chile (+46.6%), Costa Rica (+12.4%) and Venezuela (+2.9%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +46.6% from 2012-2022. By contrast, Panama (-11.3%), Brazil (-15.9%) and the Dominican Republic (-19.1%) illustrated a downward trend over the same period. While the share of Mexico (+19 p.p.), Chile (+10 p.p.), Costa Rica (+5 p.p.) and Venezuela (+3.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Panama (-3.5 p.p.), Brazil (-7.9 p.p.) and the Dominican Republic (-25.6 p.p.) displayed negative dynamics.

In value terms, Mexico ($X) remains the largest electric brazing machine supplier in Latin America and the Caribbean, comprising 53% of total exports. The second position in the ranking was taken by Chile ($X), with a 14% share of total exports. It was followed by Panama, with a 9.4% share.

In Mexico, electric brazing machine exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+50.3% per year) and Panama (-7.4% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, picking up by 32% against the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 93% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a 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 Costa Rica ($X per unit), while the Dominican Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+18.9%), while the other leaders experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports in Latin America and the Caribbean

In 2022, approx. X units of electric brazing or soldering machines and apparatus were imported in Latin America and the Caribbean; surging by 16% compared with the previous year's figure. In general, imports, however, continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by 71%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, electric brazing machine imports rose markedly to $X in 2022. Overall, imports, however, continue to indicate a slight reduction. The pace of growth was the most pronounced in 2014 with an increase of 121%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X units), distantly followed by Guatemala (X units), Peru (X units), Brazil (X units), the Dominican Republic (X units), Costa Rica (X units) and Bolivia (X units) were the key importers of electric brazing or soldering machines and apparatus, together constituting 81% of total imports. Colombia (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Dominican Republic (with a CAGR of +24.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported electric brazing or soldering machines and apparatus in Latin America and the Caribbean, comprising 61% of total imports. The second position in the ranking was held by Brazil ($X), with a 6.5% share of total imports. It was followed by the Dominican Republic, with a 6.4% share.

In Mexico, electric brazing machine imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (-7.5% per year) and the Dominican Republic (+12.7% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, falling by -2.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 29%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per unit), while Bolivia ($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 (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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