Latin America and the Caribbean: Helicopter Market 2022

Helicopter Market Size in Latin America and the Caribbean

The Latin American helicopter market declined to $X in 2020, waning by -X% against the previous year. In general, consumption continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Helicopter Production in Latin America and the Caribbean

In value terms, helicopter production surged to $X in 2020 estimated in export prices. Overall, production posted a resilient increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level in 2020 and is expected to retain growth in the immediate term.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of helicopter production in 2020 were Trinidad and Tobago (X units), Bolivia (X units) and Uruguay (X units), together comprising X% of total production.

From 2007 to 2020, the biggest increases were in Bolivia, while helicopter production for the other leaders experienced more modest paces of growth.

Helicopter Exports

Exports in Latin America and the Caribbean

In 2020, exports of helicopters in Latin America and the Caribbean amounted to X units, approximately mirroring 2019 figures. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. As a result, exports reached the peak of X units. from 2013 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, helicopter exports expanded remarkably to $X in 2020. Total exports indicated a slight increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2017 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Bolivia was the key exporter of helicopters in Latin America and the Caribbean, with the volume of exports finishing at X units, which was near X% of total exports in 2020. Trinidad and Tobago (X units) ranks second in terms of the total exports with a X% share, followed by the Dominican Republic (X%) and Brazil (X%). Colombia (X units), Ecuador (X units) and Guatemala (X units) took a minor share of total exports.

Bolivia was also the fastest-growing in terms of the helicopters exports, with a CAGR of +X% from 2007 to 2020. At the same time, Brazil (+X%), the Dominican Republic (+X%), Ecuador (+X%) and Colombia (+X%) displayed positive paces of growth. By contrast, Guatemala (-X%) and Trinidad and Tobago (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Bolivia, the Dominican Republic and Brazil increased by +X%, +X% and +X% percentage points, while Guatemala (-X p.p.) and Trinidad and Tobago (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Trinidad and Tobago ($X) remains the largest helicopter supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Bolivia ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Trinidad and Tobago stood at +X%. In the other countries, the average annual rates were as follows: Bolivia (+X% per year) and Brazil (-X% per year).

Export Prices by Country

In 2020, the helicopter export price in Latin America and the Caribbean amounted to $X per unit, rising by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per unit. from 2017 to 2020, the growth in terms of the export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Trinidad and Tobago ($X per unit), while the Dominican Republic ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago, while the other leaders experienced more modest paces of growth.

Helicopter Imports

Imports in Latin America and the Caribbean

For the third year in a row, LatAmerica and the Caribbean recorded decline in overseas purchases of helicopters, which decreased by -X% to X units in 2020. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The volume of import peaked at X units in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, helicopter imports dropped notably to $X in 2020. Overall, imports saw a slight downturn. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Panama (X units) was the key importer of helicopters, mixing up X% of total imports. Brazil (X units) took the second position in the ranking, followed by Ecuador (X units), Paraguay (X units), Guatemala (X units), Chile (X units) and Colombia (X units). All these countries together held approx. X% share of total imports.

Imports into Panama increased at an average annual rate of +X% from 2007 to 2020. At the same time, Chile (+X%), Paraguay (+X%), Ecuador (+X%) and Guatemala (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Colombia (-X%) and Brazil (-X%) illustrated a downward trend over the same period. While the share of Panama (+X p.p.), Ecuador (+X p.p.), Paraguay (+X p.p.), Chile (+X p.p.) and Guatemala (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Colombia (-X p.p.) and Brazil (-X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) constitutes the largest market for imported helicopters in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Colombia ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

In Brazil, helicopter imports contracted by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Colombia (+X% per year) and Chile (-X% per year).

Import Prices by Country

The helicopter import price in Latin America and the Caribbean stood at $X per unit in 2020, with a decrease of -X% against the previous year. Import price indicated a noticeable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, helicopter import price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2009 when the import price increased by X% year-to-year. As a result, import price reached the peak level of $X per unit. from 2010 to 2020, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Brazil ($X per unit), while Panama ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Colombia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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