Latin America and the Caribbean: Inorganic Composite Solvents Market 2020

Inorganic Composite Solvents Market Size in Latin America and the Caribbean

The revenue of the inorganic composite solvents market in Latin America and the Caribbean amounted to $X in 2017, approximately reflecting the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016, when market value increased by X% year-to-year. Over the period under review, the inorganic composite solvents market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Inorganic Composite Solvents Production in Latin America and the Caribbean

In 2017, approx. X tons of inorganic composite solvents and thinners for varnishes were produced in Latin America and the Caribbean; surging by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. Over the period under review, the inorganic composite solvents production reached its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Inorganic Composite Solvents Exports in Latin America and the Caribbean

In 2017, approx. X tons of inorganic composite solvents and thinners for varnishes were exported in Latin America and the Caribbean; growing by X% against the previous year. The total exports indicated a strong 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 inorganic composite solvents exports decreased by -X% against 2015 indices. The growth pace was the most rapid in 2010, when exports increased by X% y-o-y. Over the period under review, the inorganic composite solvents exports attained its peak figure volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, inorganic composite solvents exports stood at $X in 2017. The total exports indicated a prominent expansion 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. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Inorganic Composite Solvents Exports by Country in Latin America and the Caribbean

The countries with the highest levels of inorganic composite solvents exports in 2017 were Mexico (X tons), Argentina (X tons) and Brazil (X tons), together amounting to X% of total export. It was distantly followed by Colombia (X tons), making up X% share of total exports. Guatemala (X tons), Trinidad and Tobago (X tons) and Chile (X tons) followed a long way behind the leaders.

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

In value terms, the largest inorganic composite solvents markets worldwide were Mexico ($X), Brazil ($X) and Argentina ($X), together accounting for X% of total exports. Chile, Colombia, Trinidad and Tobago and Guatemala lagged somewhat behind, together comprising a further X%.

Trinidad and Tobago (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Inorganic Composite Solvents Export Prices by Country in Latin America and the Caribbean

In 2017, the inorganic composite solvents export price in Latin America and the Caribbean amounted to $X per ton, going down by -X% against the previous year. The inorganic composite solvents export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, when it surged by X% against the previous year. The level of export price peaked of $X per ton in 2009; however, from 2010 to 2017, it failed to regain its momentum.

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 ($X per ton), while Argentina ($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 Trinidad and Tobago (+X% per year), while the other leaders experienced more modest paces of growth.

Inorganic Composite Solvents Imports in Latin America and the Caribbean

The imports amounted to X tons in 2017, approximately mirroring the previous year. The total imports indicated a remarkable growth 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 inorganic composite solvents imports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. Over the period under review, the inorganic composite solvents imports reached its maximum volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, inorganic composite solvents imports amounted to $X in 2017. The total imports indicated a noticeable expansion 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 inorganic composite solvents imports decreased by -X% against 2012 indices. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Inorganic Composite Solvents Imports by Country in Latin America and the Caribbean

Mexico represented the main importer of inorganic composite solvents and thinners for varnishes in Latin America and the Caribbean, with the volume of imports reaching X tons, which was near X% of total imports in 2017. Brazil (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Argentina (X%), Colombia (X%) and Chile (X%). Peru (X tons) and Costa Rica (X tons) took the mild share of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Costa Rica (+X%), Peru (+X%), Brazil (+X%), Chile (+X%), Argentina (+X%) and Colombia (+X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Costa Rica, Peru, Colombia, Argentina, Brazil and Mexico decreased by -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported inorganic composite solvents and thinners for varnishes in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

In Mexico, inorganic composite solvents imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Argentina (+X% per year).

Inorganic Composite Solvents Import Prices by Country in Latin America and the Caribbean

The inorganic composite solvents import price in Latin America and the Caribbean stood at $X per ton in 2017, going up by X% against the previous year. The inorganic composite solvents import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. In that year, the import prices for inorganic composite solvents and thinners for varnishes reached their peak level of $X per ton. From 2013 to 2017, growth of the import prices for inorganic composite solvents and thinners for varnishes failed to regain its momentum.

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

Source: IndexBox Platform