Latin America and the Caribbean: Electric Instantaneous Water Heater Market 2020

Electric Instantaneous Water Heater Market Size in Latin America and the Caribbean

The revenue of the electric instantaneous water heater market in Latin America and the Caribbean amounted to $X in 2017, jumping by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. In that year, the electric instantaneous water heater market attained their peak level of $X. From 2011 to 2017, growth of the electric instantaneous water heater market failed to regain its momentum.

Electric Instantaneous Water Heater Production in Latin America and the Caribbean

In 2017, approx. X units of electric instantaneous water heaters were produced in Latin America and the Caribbean; falling by -X% against the previous year. The electric instantaneous water heater production continues to indicate a mild drop. The growth pace was the most rapid in 2016, when the output figure increased by X% y-o-y. Over the period under review, the electric instantaneous water heater production attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Electric Instantaneous Water Heater Exports in Latin America and the Caribbean

In 2017, the amount of electric instantaneous water heaters exported in Latin America and the Caribbean amounted to X units, shrinking by -X% against the previous year. The total export 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 2010, when it surged by X% year-to-year. Over the period under review, the electric instantaneous water heater exports attained its peak figure volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, electric instantaneous water heater exports amounted to $X in 2017. The total exports indicated a prominent 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 electric instantaneous water heater exports decreased by -X% against 2015 indices. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Electric Instantaneous Water Heater Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) was the major exporter for electric instantaneous water heaters, achieving X% of total exports. It was distantly followed by Brazil (X units), creating X% share of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Brazil (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Brazil (-X%) and Mexico (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, electric instantaneous water heater exports expanded at an average annual rate of +X% over the period from 2007-2017.

Electric Instantaneous Water Heater Export Prices by Country in Latin America and the Caribbean

In 2017, the electric instantaneous water heater export price in Latin America and the Caribbean amounted to $X per unit, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. Over the period under review, the export prices for electric instantaneous water heaters attained its peak figure level of $X per unit in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Mexico ($X per unit) and Brazil ($X per unit), while Brazil ($X per unit) and Mexico ($X per unit) were 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).

Electric Instantaneous Water Heater Imports in Latin America and the Caribbean

The imports totaled X units in 2017, going up by X% against the previous year. The electric instantaneous water heater imports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the electric instantaneous water heater imports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, electric instantaneous water heater imports stood at $X in 2017. The total imports indicated a strong growth 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 electric instantaneous water heater imports decreased by -X% against 2015 indices. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Electric Instantaneous Water Heater Imports by Country in Latin America and the Caribbean

Mexico was the major importer of electric instantaneous water heaters in Latin America and the Caribbean, with the volume of imports accounting for X units, which was approx. X% of total imports in 2017. Chile (X units) took the second position in the ranking, followed by Argentina (X units), Peru (X units), Paraguay (X units) and Brazil (X units). All these countries together occupied approx. X% share of total imports. The following importers - Ecuador (X units), Bolivia (X units), Costa Rica (X units), Trinidad and Tobago (X units), Colombia (X units) and Guatemala (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to electric instantaneous water heater imports into Mexico stood at +X%. At the same time, Brazil (+X%), Argentina (+X%), Ecuador (+X%), Bolivia (+X%), Paraguay (+X%), Colombia (+X%), Peru (+X%), Costa Rica (+X%), Guatemala (+X%), Trinidad and Tobago (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Costa Rica, Colombia, Bolivia, Ecuador, Chile, Paraguay, Peru, Brazil, Argentina and Mexico decreased by -X%, -X%, -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, electric instantaneous water heater imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Chile (+X% per year) and Argentina (+X% per year).

Electric Instantaneous Water Heater Import Prices by Country in Latin America and the Caribbean

The electric instantaneous water heater import price in Latin America and the Caribbean stood at $X per unit in 2017, reducing by -X% against the previous year. The electric instantaneous water heater import price continues to indicate a slight downturn. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. The level of import price peaked of $X per unit in 2010; however, from 2011 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 Guatemala ($X per unit), while Trinidad and Tobago ($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 Guatemala (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform