Latin America and the Caribbean: Metal Screw Hook Market 2025

Metal Screw Hook Market Size in Latin America and the Caribbean

The Latin American metal screw hook market reduced slightly to $X in 2022, shrinking by -4.2% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Metal Screw Hook Production in Latin America and the Caribbean

In value terms, metal screw hook production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible curtailment. The growth pace was the most rapid in 2017 when the production volume increased by 16% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Metal Screw Hook Exports

Exports in Latin America and the Caribbean

Metal screw hook exports surged to X tons in 2022, increasing by 74% on the year before. Over the period under review, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 121%. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, metal screw hook exports soared to $X in 2022. Overall, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 49% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, Mexico (X tons) was the major exporter of iron or steel screw hooks and screw rings, making up 82% of total exports. It was distantly followed by Brazil (X tons), achieving a 13% 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 screw hooks and screw rings exports, with a CAGR of +19.4% from 2012 to 2022. At the same time, Brazil (+5.9%) displayed positive paces of growth. By contrast, Argentina (-5.7%) illustrated a downward trend over the same period. Mexico (+35 p.p.) significantly strengthened its position in terms of the total exports, while Brazil and Argentina saw its share reduced by -11.6% and -15.9% from 2012 to 2022, respectively.

In value terms, Mexico ($X) remains the largest metal screw hook supplier in Latin America and the Caribbean, comprising 72% of total exports. The second position in the ranking was taken by Brazil ($X), with a 19% share of total exports.

In Mexico, metal screw hook exports expanded at an average annual rate of +15.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (+2.2% per year) and Argentina (-5.9% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, which is down by -16.7% against the previous year. Overall, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the export price increased by 11%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-0.2%), while the other leaders experienced a decline in the export price figures.

Metal Screw Hook Imports

Imports in Latin America and the Caribbean

In 2022, the amount of iron or steel screw hooks and screw rings imported in Latin America and the Caribbean declined to X tons, shrinking by -5.9% compared with the year before. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 55%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, metal screw hook imports contracted modestly to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2022, Mexico (X tons) was the main importer of iron or steel screw hooks and screw rings, constituting 63% of total imports. It was distantly followed by Brazil (X tons) and Chile (X tons), together creating a 17% share of total imports. The Dominican Republic (X tons), Argentina (X tons), Guatemala (X tons) and Colombia (X tons) took a little share of total imports.

Mexico was also the fastest-growing in terms of the iron or steel screw hooks and screw rings imports, with a CAGR of +18.5% from 2012 to 2022. At the same time, Argentina (+16.1%), Chile (+11.2%), the Dominican Republic (+6.4%), Guatemala (+6.3%) and Brazil (+2.4%) displayed positive paces of growth. By contrast, Colombia (-3.3%) illustrated a downward trend over the same period. While the share of Mexico (+35 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (-4.5 p.p.) and Brazil (-10.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported iron or steel screw hooks and screw rings in Latin America and the Caribbean, comprising 48% of total imports. The second position in the ranking was held by Brazil ($X), with a 23% share of total imports. It was followed by Chile, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value in Mexico amounted to +10.3%. In the other countries, the average annual rates were as follows: Brazil (+5.6% per year) and Chile (+11.2% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, increasing by 4.3% against the previous year. Overall, the import price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2013 when the import price increased by 11%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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