Latin America and the Caribbean: Electromechanical Hand Drill Market 2020

Electromechanical Hand Drill Market Size in Latin America and the Caribbean

The revenue of the electromechanical hand drill market in Latin America and the Caribbean amounted to $X in 2017, approximately reflecting the previous year. The electromechanical hand drill consumption continues to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2009, when it surged by X% year-to-year. Over the period under review, the electromechanical hand drill market reached its peak figure level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Electromechanical Hand Drill Production in Latin America and the Caribbean

In 2017, approx. X units of electromechanical hand drills of all kinds were produced in Latin America and the Caribbean; falling by -X% against the previous year. The electromechanical hand drill production continues to indicate a measured downturn. The pace of growth was the most pronounced in 2015, when the output figure increased by X% against the previous year. The volume of electromechanical hand drill production peaked of X units in 2016, and then declined slightly in the following year.

Electromechanical Hand Drill Exports in Latin America and the Caribbean

In 2017, approx. X units of electromechanical hand drills of all kinds were exported in Latin America and the Caribbean; declining by -X% against the previous year. The electromechanical hand drill exports continue to indicate a drastic drop. The pace of growth was the most pronounced in 2015, when it surged by X% against the previous year. Over the period under review, the electromechanical hand drill exports reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, electromechanical hand drill exports amounted to $X in 2017. The electromechanical hand drill exports continue to indicate an abrupt decrease. Over the period under review, the electromechanical hand drill exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Electromechanical Hand Drill Exports by Country in Latin America and the Caribbean

Mexico dominates electromechanical hand drill exports structure, finishing at X units, which was approx. X% of total exports in 2017. It was distantly followed by Brazil (X units), comprising X% share of total exports. Panama (X units) held the slight share of total exports.

Mexico was also the fastest growing in terms of the electromechanical hand drills of all kinds exports, with a CAGR of -X% from 2007 to 2017. Brazil (-X%) and Panama (-X%) illustrated a downward trend over the same period. While the share of Mexico (X%), Brazil (X%) and Panama (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, electromechanical hand drill exports contracted by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-X% per year) and Panama (-X% per year).

Electromechanical Hand Drill Export Prices by Country in Latin America and the Caribbean

The electromechanical hand drill export price in Latin America and the Caribbean stood at $X per unit in 2017, shrinking by -X% against the previous year. The electromechanical hand drill export price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. In that year, the export prices for electromechanical hand drills of all kinds attained their peak level of $X per unit. From 2010 to 2017, growth of the export prices for electromechanical hand drills of all kinds failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Brazil ($X per unit) and Panama ($X per unit), while Mexico ($X per unit) and Panama ($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), while the other leaders experienced a decline in the export price figures.

Electromechanical Hand Drill Imports in Latin America and the Caribbean

In 2017, imports of electromechanical hand drills of all kinds in Latin America and the Caribbean stood at X units, increasing by X% against the previous year. The electromechanical hand drill imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, electromechanical hand drill imports amounted to $X in 2017. The electromechanical hand drill imports continue to indicate a relatively flat trend pattern. Over the period under review, the electromechanical hand drill imports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Electromechanical Hand Drill Imports by Country in Latin America and the Caribbean

Mexico dominates electromechanical hand drill imports structure, recording X units, which was approx. X% of total imports in 2017. Brazil (X units) ranks second in terms of the global imports with a X% share, followed by Argentina (X%). Chile (X units) and Colombia (X units) followed a long way behind the leaders.

Imports into Mexico decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Chile (+X%), Colombia (+X%), Brazil (+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. While the share of Mexico (X%) increased significantly in terms of the global imports from 2007-2017, the share of Brazil (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, electromechanical hand drill imports decreased by 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 Chile (+X% per year).

Electromechanical Hand Drill Import Prices by Country in Latin America and the Caribbean

The electromechanical hand drill import price in Latin America and the Caribbean stood at $X per unit in 2017, approximately equating the previous year. The import price indicated a significant growth from 2007 to 2017: its price 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 electromechanical hand drill import price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2011, an increase of X% year-to-year. The level of import price peaked of $X per unit in 2014; however, from 2015 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 Colombia ($X per unit), while Mexico ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform