Latin America and the Caribbean: Natural Abrasives Market 2020

Natural Abrasives Market Size in Latin America and the Caribbean

The revenue of the natural abrasives market in Latin America and the Caribbean amounted to $X in 2017, jumping by X% against the previous year. The natural abrasives consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2008, when market value increased by X% year-to-year. The level of natural abrasives consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Natural Abrasives Production in Latin America and the Caribbean

In 2017, approx. X tons of industrial diamonds and other natural abrasives were produced in Latin America and the Caribbean; approximately equating the previous year. The natural abrasives production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when the output figure increased by X% against the previous year. Over the period under review, the natural abrasives production reached its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Natural Abrasives Exports in Latin America and the Caribbean

In 2017, natural abrasives exports in Latin America and the Caribbean amounted to X tons, dropping by -X% against the previous year. The natural abrasives exports continue to indicate a deep decrease. The growth pace was the most rapid in 2012, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, natural abrasives exports amounted to $X in 2017. The natural abrasives exports continue to indicate a drastic decline. Over the period under review, the natural abrasives exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Natural Abrasives Exports by Country in Latin America and the Caribbean

Mexico (X tons) and Guatemala (X tons) dominates natural abrasives exports structure, together generating X% of total exports. Montserrat (X tons) ranks second in terms of the global exports with a X% share, followed by Nicaragua (X%). The following exporters - Brazil (X tons), Panama (X tons) and Chile (X tons) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Guatemala (+X% per year), while the other leaders experienced mixed trends in the exports figures.

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

From 2007 to 2017, the average annual growth rate of value in Mexico totaled -X%. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and Panama (-X% per year).

Natural Abrasives Export Prices by Country in Latin America and the Caribbean

The natural abrasives export price in Latin America and the Caribbean stood at $X per kg in 2017, shrinking by -X% against the previous year. The export price indicated a measured increase 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 natural abrasives export price increased by +X% against 2013 indices. The growth pace was the most rapid in 2014, an increase of X% against the previous year. Over the period under review, the export prices for industrial diamonds and other natural abrasives reached its peak figure level of $X per kg in 2016, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per kg), while Montserrat ($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 Nicaragua (+X% per year), while the other leaders experienced more modest paces of growth.

Natural Abrasives Imports in Latin America and the Caribbean

The imports amounted to X tons in 2017, going up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2015, when imports increased by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, natural abrasives imports stood at $X in 2017. The natural abrasives imports continue to indicate a temperate descent. In that year, the natural abrasives imports attained their peak level of $X. From 2013 to 2017, growth of the natural abrasives imports stood at a somewhat lower level.

Natural Abrasives Imports by Country in Latin America and the Caribbean

The countries with the highest levels of natural abrasives imports in 2017 were Mexico (X tons), Nicaragua (X tons), Brazil (X tons) and Suriname (X tons), together reaching X% of total import. It was distantly followed by Argentina (X tons), comprising X% share of total imports. Panama (X tons), Colombia (X tons), Ecuador (X tons), Chile (X tons), Peru (X tons) and Trinidad and Tobago (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Suriname (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported industrial diamonds and other natural abrasives in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Panama ($X), with a X% share of global imports. It was followed by Brazil, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: Panama (-X% per year) and Brazil (+X% per year).

Natural Abrasives Import Prices by Country in Latin America and the Caribbean

In 2017, the natural abrasives import price in Latin America and the Caribbean amounted to $X per ton, dropping by -X% against the previous year. The natural abrasives import price continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. In that year, the import prices for industrial diamonds and other natural abrasives attained their peak level of $X per kg. From 2010 to 2017, growth of the import prices for industrial diamonds and other natural abrasives failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Panama ($X per kg), while Nicaragua ($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 Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform