Latin America and the Caribbean: Garden Tool Market 2025

Garden Tool Market Size in Latin America and the Caribbean

In 2022, the Latin American garden tool market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption recorded a noticeable decline. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Garden Tool Production in Latin America and the Caribbean

In value terms, garden tool production fell slightly to $X in 2022 estimated in export price. In general, production saw a perceptible contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Garden Tool Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of garden tools increased by X% to X tons, rising for the sixth year in a row after three years of decline. In general, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, garden tool exports reached $X in 2022. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Brazil (X tons) and Mexico (X tons) dominates exports structure, together achieving X% of total exports. El Salvador (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Brazil ($X) and El Salvador ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, approximately equating the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

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 Mexico ($X per ton), while El Salvador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced a decline in the export price figures.

Garden Tool Imports

Imports in Latin America and the Caribbean

Garden tool imports contracted to X tons in 2022, declining by X% against the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, garden tool imports reached $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Colombia (X tons), Guatemala (X tons), Chile (X tons), Peru (X tons), Brazil (X tons), Haiti (X tons), Mexico (X tons), Suriname (X tons), Ecuador (X tons), Bolivia (X tons), Guyana (X tons) and Nicaragua (X tons) represented roughly X% of total imports in 2022. Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Haiti (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest garden tool importing markets in Latin America and the Caribbean were Colombia ($X), Chile ($X) and Guatemala ($X), with a combined X% share of total imports. Peru, Mexico, Brazil, Ecuador, Argentina, Bolivia, Haiti, Nicaragua, Suriname and Guyana lagged somewhat behind, together comprising a further X%.

Haiti, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while Guyana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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