Latin America and the Caribbean: Lead Ore Market 2022

Lead Ore Market Size in Latin America and the Caribbean

In 2021, the Latin American lead ore market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a slight reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Lead Ore Production in Latin America and the Caribbean

In value terms, lead ore production fell modestly to $X in 2021 estimated in export price. Overall, production showed a noticeable curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Lead Ore Exports

Exports in Latin America and the Caribbean

In 2021, after two years of growth, there was significant decline in overseas shipments of lead ores, when their volume decreased by -X% to X tons. Overall, exports recorded a mild descent. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, lead ore exports contracted notably to $X in 2021. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Peru (X tons), Guatemala (X tons) and Mexico (X tons) was the major exporter of lead ores in Latin America and the Caribbean, making up X% of total export. It was distantly followed by Bolivia (X tons), achieving a X% share of total exports. Cuba (X tons) and Argentina (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Cuba (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest lead ore supplying countries in Latin America and the Caribbean were Peru ($X), Mexico ($X) and Bolivia ($X), together accounting for X% of total exports. These countries were followed by Guatemala, Argentina and Cuba, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, surging by X% against the previous year. In general, the export price, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+X%), while the other leaders experienced mixed trends in the export price figures.

Lead Ore Imports

Imports in Latin America and the Caribbean

In 2021, the amount of lead ores imported in Latin America and the Caribbean soared to X tons, jumping by X% compared with the previous year. In general, imports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, lead ore imports surged to $X in 2021. Over the period under review, imports, however, faced a abrupt slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Mexico dominates imports structure, recording X tons, which was near X% of total imports in 2021. Peru (X tons) and Colombia (X tons) followed a long way behind the leaders.

Imports into Mexico increased at an average annual rate of +X% from 2012 to 2021. At the same time, Colombia (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. By contrast, Peru (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mexico and Colombia increased by +X and +X percentage points, respectively.

In value terms, Mexico ($X) constitutes the largest market for imported lead ores in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with a X% share of total imports.

In Mexico, lead ore imports contracted by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Peru (-X% per year) and Colombia (+X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Mexico ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (-X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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