Latin America and the Caribbean: Hot-Rolled Tool Steel Bar Market 2020

Hot-Rolled Tool Steel Bar Market Size in Latin America and the Caribbean

The revenue of the hot-rolled tool steel bar market in Latin America and the Caribbean amounted to $X in 2017, increasing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2010, when market value increased by X% y-o-y. Over the period under review, the hot-rolled tool steel bar market attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Hot-Rolled Tool Steel Bar Production in Latin America and the Caribbean

The hot-rolled tool steel bar production stood at X tons in 2017, growing by X% against the previous year. The hot-rolled tool steel bar production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the hot-rolled tool steel bar production attained its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Hot-Rolled Tool Steel Bar Exports in Latin America and the Caribbean

The exports amounted to X tons in 2017, rising by X% against the previous year. The hot-rolled tool steel bar exports continue to indicate a mild drop. The pace of growth appeared the most rapid in 2017, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, hot-rolled tool steel bar exports amounted to $X in 2017. The hot-rolled tool steel bar exports continue to indicate a relatively flat trend pattern. Over the period under review, the hot-rolled tool steel bar exports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Hot-Rolled Tool Steel Bar Exports by Country in Latin America and the Caribbean

Brazil was the key exporter of hot-rolled bars in tool steels in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. It was distantly followed by Peru (X tons), Chile (X tons) and the Dominican Republic (X tons), together comprising X% share of total exports. Argentina (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to hot-rolled tool steel bar exports from Brazil stood at +X%. At the same time, Chile (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, the Dominican Republic (-X%), Peru (-X%) and Argentina (-X%) illustrated a downward trend over the same period. Peru (X%), Argentina (X%) and the Dominican Republic (X%) significantly strengthened its position in terms of the global exports, while Chile and Brazil saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Brazil ($X) remains the largest hot-rolled tool steel bar supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Chile ($X), with a X% share of global exports. It was followed by Peru, with a X% share.

In Brazil, hot-rolled tool steel bar exports 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 Peru (-X% per year).

Hot-Rolled Tool Steel Bar Export Prices by Country in Latin America and the Caribbean

The hot-rolled tool steel bar export price in Latin America and the Caribbean stood at $X per ton in 2017, increasing by X% against the previous year. The hot-rolled tool steel bar export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the export prices for hot-rolled bars in tool steels attained its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Chile ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

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

Hot-Rolled Tool Steel Bar Imports in Latin America and the Caribbean

In 2017, approx. X tons of hot-rolled bars in tool steels were imported in Latin America and the Caribbean; rising by X% against the previous year. The total imports indicated a moderate expansion from 2007 to 2017: its volume 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 hot-rolled tool steel bar imports decreased by -X% against 2015 indices. The growth pace was the most rapid in 2010, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, hot-rolled tool steel bar imports stood at $X in 2017. The total imports indicated a modest 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 hot-rolled tool steel bar imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Hot-Rolled Tool Steel Bar Imports by Country in Latin America and the Caribbean

Mexico was the main importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Peru (X tons), Chile (X tons) and Jamaica (X tons), together making up X% share of total imports. Colombia (X tons), Brazil (X tons) and Argentina (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to hot-rolled tool steel bar imports into Mexico stood at +X%. At the same time, Peru (+X%), Colombia (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Argentina and Jamaica experienced a relatively flat trend pattern. By contrast, Brazil (-X%) illustrated a downward trend over the same period. While the share of Brazil (X%) increased significantly in terms of the global imports from 2007-2017, the share of Colombia (-X%), Peru (-X%) and Mexico (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported hot-rolled bars in tool steels in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Peru ($X), with a X% share of global imports. It was followed by Chile, with a X% share.

In Mexico, hot-rolled tool steel bar 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: Peru (+X% per year) and Chile (-X% per year).

Hot-Rolled Tool Steel Bar Import Prices by Country in Latin America and the Caribbean

The hot-rolled tool steel bar import price in Latin America and the Caribbean stood at $X per ton in 2017, growing by X% against the previous year. The hot-rolled tool steel bar import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, an increase of X% y-o-y. Over the period under review, the import prices for hot-rolled bars in tool steels attained its maximum level of $X per ton in 2011; however, from 2012 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 Brazil ($X per ton), while Jamaica ($X per ton) 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