Latin America and the Caribbean: Electronic Thermometer Market 2020

Electronic Thermometer Market Size in Latin America and the Caribbean

The revenue of the electronic thermometer market in Latin America and the Caribbean amounted to $X in 2017, picking up by X% against the previous year. The electronic thermometer consumption continues to indicate a strong increase. The growth pace was the most rapid in 2010, when market value increased by X% year-to-year. In that year, the electronic thermometer market attained their peak level of $X. From 2011 to 2017, growth of the electronic thermometer market failed to regain its momentum.

Electronic Thermometer Production in Latin America and the Caribbean

In 2017, the amount of electronic thermometers and pyrometers produced in Latin America and the Caribbean stood at X units, reducing by -X% against the previous year. The electronic thermometer production continues to indicate a drastic decline. The pace of growth was the most pronounced in 2011, when the output figure increased by X% y-o-y. The volume of electronic thermometer production peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Electronic Thermometer Exports in Latin America and the Caribbean

The exports stood at X units in 2017, reducing by -X% against the previous year. The electronic thermometer exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the electronic thermometer exports attained its peak figure volume of X units in 2016, and then declined slightly in the following year.

In value terms, electronic thermometer exports stood at $X in 2017. The electronic thermometer exports continue to indicate a strong expansion. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Electronic Thermometer Exports by Country in Latin America and the Caribbean

Mexico (X units) represented roughly X% of total exports of electronic thermometers and pyrometers in 2017.

Mexico was also the fastest growing in terms of the electronic thermometers and pyrometers exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Mexico decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) also remains the largest electronic thermometer supplier in Latin America and the Caribbean.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico stood at +X%.

Electronic Thermometer Export Prices by Country in Latin America and the Caribbean

The electronic thermometer export price in Latin America and the Caribbean stood at $X per unit in 2017, growing by X% against the previous year. The electronic thermometer export price continues to indicate a remarkable growth. The growth pace was the most rapid in 2010, an increase of X% against the previous year. In that year, the export prices for electronic thermometers and pyrometers attained their peak level of $X per unit. From 2011 to 2017, growth of the export prices for electronic thermometers and pyrometers failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for Mexico.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year).

Electronic Thermometer Imports in Latin America and the Caribbean

In 2017, the amount of electronic thermometers and pyrometers imported in Latin America and the Caribbean stood at X units, lowering by -X% against the previous year. The electronic thermometer imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. The volume of imports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, electronic thermometer imports totaled $X in 2017. The electronic thermometer imports continue to indicate a prominent expansion. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Electronic Thermometer Imports by Country in Latin America and the Caribbean

Mexico represented the key importing country with an import of around X units, which reached X% of total imports. It was distantly followed by Brazil (X units), constituting X% share of total imports. The following importers - Argentina (X units), Chile (X units), Colombia (X units) and Ecuador (X units) together made up X% of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Ecuador (+X%), Colombia (+X%), Argentina (+X%), Brazil (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. While the share of Argentina (-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 ($X) constitutes the largest market for imported electronic thermometers and pyrometers in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Colombia, with a X% share.

In Mexico, electronic thermometer 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: Brazil (+X% per year) and Colombia (+X% per year).

Electronic Thermometer Import Prices by Country in Latin America and the Caribbean

The electronic thermometer import price in Latin America and the Caribbean stood at $X per thousand units in 2017, growing by X% against the previous year. The electronic thermometer import price continues to indicate a pronounced drop. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. The level of import price peaked of $X per thousand units in 2013; however, from 2014 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 Colombia ($X per thousand units), while Mexico ($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 Chile (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform