Latin America and the Caribbean: Metal Cotter Pin Market 2020

Metal Cotter Pin Market Size in Latin America and the Caribbean

The revenue of the metal cotter pin market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The metal cotter pin consumption continues to indicate a measured expansion. The pace of growth was the most pronounced in 2010, when market value increased by X% y-o-y. In that year, the metal cotter pin market reached their peak level of $X. From 2011 to 2017, growth of the metal cotter pin market stood at a somewhat lower level.

Metal Cotter Pin Production in Latin America and the Caribbean

In 2017, approx. X tons of iron or steel cotters and cotter-pins were produced in Latin America and the Caribbean; growing by X% against the previous year. The metal cotter pin production continues to indicate a measured expansion. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. In that year, the metal cotter pin production reached their peak volume of X tons. From 2014 to 2017, growth of the metal cotter pin production stood at a somewhat lower level.

Metal Cotter Pin Exports in Latin America and the Caribbean

In 2017, the amount of iron or steel cotters and cotter-pins exported in Latin America and the Caribbean stood at X tons, lowering by -X% against the previous year. The metal cotter pin exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. Over the period under review, the metal cotter pin exports attained its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, metal cotter pin exports amounted to $X in 2017. The metal cotter pin exports continue to indicate a relatively flat trend pattern. Over the period under review, the metal cotter pin exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Metal Cotter Pin Exports by Country in Latin America and the Caribbean

Mexico was the key exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Brazil (X tons), creating X% share of total exports. The following exporters - Chile (X tons) and Colombia (X tons) each reached a X% share of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. 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. Colombia 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 exports from 2007-2017, the share of Mexico (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal cotter pin markets worldwide were Brazil ($X), Mexico ($X) and Chile ($X), with a combined X% share of total exports.

In terms of the main exporting countries , Chile (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Metal Cotter Pin Export Prices by Country in Latin America and the Caribbean

In 2017, the metal cotter pin export price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. The export price indicated a slight growth 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. The growth pace was the most rapid in 2017, an increase of X% y-o-y. The level of export price peaked of $X per kg in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

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

Metal Cotter Pin Imports in Latin America and the Caribbean

In 2017, metal cotter pin imports in Latin America and the Caribbean totaled X tons, going down by -X% against the previous year. The total imports indicated a measured 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. The pace of growth appeared the most rapid in 2012, with an increase of X% against the previous year. Over the period under review, the metal cotter pin imports attained its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, metal cotter pin imports totaled $X in 2017. The total imports indicated a pronounced growth 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 metal cotter pin imports decreased by -X% against 2014 indices. Over the period under review, the metal cotter pin imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Cotter Pin Imports by Country in Latin America and the Caribbean

Mexico prevails in metal cotter pin imports structure, reaching X tons, which was approx. X% of total imports in 2017. It was distantly followed by Brazil (X tons), comprising X% share of total imports. Chile (X tons) held the minor share of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Chile (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. 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 Mexico (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported iron or steel cotters and cotter-pins in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Chile, with a X% share.

In Mexico, metal cotter pin 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: Brazil (-X% per year) and Chile (+X% per year).

Metal Cotter Pin Import Prices by Country in Latin America and the Caribbean

The metal cotter pin import price in Latin America and the Caribbean stood at $X per ton in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the import prices for iron or steel cotters and cotter-pins attained its maximum level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X per kg), while Mexico ($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