Latin America and the Caribbean: Metal Pallet Market 2020

Metal Pallet Market Size in Latin America and the Caribbean

The revenue of the metal pallet market in Latin America and the Caribbean amounted to $X in 2017, surging by X% against the previous year. The total market indicated a strong 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 metal pallet consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. The level of metal pallet consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Metal Pallet Production in Latin America and the Caribbean

In 2017, approx. X tons of iron or steel pallets were produced in Latin America and the Caribbean; coming down by -X% against the previous year. The metal pallet production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. The volume of metal pallet production peaked of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Metal Pallet Exports in Latin America and the Caribbean

The exports stood at X tons in 2017, going up by X% against the previous year. The metal pallet exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, metal pallet exports stood at $X in 2017. The total exports indicated a strong 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 pallet exports decreased by -X% against 2015 indices. In that year, the metal pallet exports reached their peak level of $X. From 2016 to 2017, growth of the metal pallet exports failed to regain its momentum.

Metal Pallet Exports by Country in Latin America and the Caribbean

Mexico prevails in metal pallet exports structure, resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Brazil (X tons), making up X% share of total exports. Argentina (X tons) occupied the slight share of total exports.

Mexico was also the fastest growing in terms of the iron or steel pallets exports, with a CAGR of +X% from 2007 to 2017. At the same time, Brazil (+X%) and Argentina (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Brazil and Mexico decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, metal pallet 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: Brazil (+X% per year) and Argentina (+X% per year).

Metal Pallet Export Prices by Country in Latin America and the Caribbean

In 2017, the metal pallet export price in Latin America and the Caribbean amounted to $X per ton, going down by -X% against the previous year. The metal pallet export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the export prices for iron or steel pallets attained their peak level of $X per ton. From 2015 to 2017, growth of the export prices for iron or steel pallets stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Argentina ($X per ton), while Mexico ($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 a decline in the export price figures.

Metal Pallet Imports in Latin America and the Caribbean

In 2017, the amount of iron or steel pallets imported in Latin America and the Caribbean stood at X tons, surging by X% against the previous year. The total imports indicated a remarkable 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 metal pallet imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010, when imports increased by X% against the previous year. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, metal pallet imports totaled $X in 2017. The metal pallet imports continue to indicate a modest increase. Over the period under review, the metal pallet imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Metal Pallet Imports by Country in Latin America and the Caribbean

Mexico prevails in metal pallet imports structure, reaching X tons, which was approx. X% of total imports in 2017. Brazil (X tons) followed a long way behind the leaders.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Brazil (+X%) displayed positive paces of growth. Moreover, Brazil 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 Mexico decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in Mexico was relatively modest.

Metal Pallet Import Prices by Country in Latin America and the Caribbean

In 2017, the metal pallet import price in Latin America and the Caribbean amounted to $X per ton, falling by -X% against the previous year. The metal pallet import price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2008, when the import prices increased by X% y-o-y. The level of import price peaked of $X per ton in 2009; however, from 2010 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 ($X per ton), while Mexico ($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 Brazil (-X% per year).

Source: IndexBox Platform