Latin America and the Caribbean: Metal Reel Market 2020

Metal Reel Market Size in Latin America and the Caribbean

The revenue of the metal reel market in Latin America and the Caribbean amounted to $X in 2017, jumping by X% against the previous year. The metal reel consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. In that year, the metal reel market attained their peak level of $X. From 2015 to 2017, growth of the metal reel market failed to regain its momentum.

Metal Reel Production in Latin America and the Caribbean

In 2017, metal reel production in Latin America and the Caribbean amounted to X tons, shrinking by -X% against the previous year. The metal reel production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. Over the period under review, the metal reel production reached its peak figure volume of X tons in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Metal Reel Exports in Latin America and the Caribbean

In 2017, approx. X tons of iron or steel reels were exported in Latin America and the Caribbean; coming up by X% against the previous year. The metal reel exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015, when exports increased by X% year-to-year. Over the period under review, the metal reel exports attained its maximum volume in 2017, and are likely to continue its growth in the near future.

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

Metal Reel Exports by Country in Latin America and the Caribbean

Mexico dominates metal reel exports structure, resulting at X tons, which was near X% of total exports in 2017. It was distantly followed by Brazil (X tons), making up X% share of total exports. Argentina (X tons) followed a long way behind the leaders.

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

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

In Mexico, metal reel 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 Reel Export Prices by Country in Latin America and the Caribbean

In 2017, the metal reel export price in Latin America and the Caribbean amounted to $X per ton, declining by -X% against the previous year. The metal reel export price continues to indicate a slight reduction. 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 reels reached their peak level of $X per ton. From 2015 to 2017, growth of the export prices for iron or steel reels 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 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 Reel Imports in Latin America and the Caribbean

In 2017, the amount of iron or steel reels imported in Latin America and the Caribbean stood at X tons, increasing by X% against the previous year. The total imports indicated a remarkable increase 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 reel imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the metal reel imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

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

Metal Reel Imports by Country in Latin America and the Caribbean

Mexico dominates metal reel imports structure, finishing at X tons, which was near X% of total imports in 2017. Brazil (X tons) held 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, 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. Mexico (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, metal reel imports remained relatively stable over the period from 2007-2017.

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

The metal reel import price in Latin America and the Caribbean stood at $X per ton in 2017, lowering by -X% against the previous year. The metal reel import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

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 ($X per ton), while Mexico ($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