Latin America and the Caribbean: Bottle Cleaning Machine Market 2024

Bottle Cleaning Machine Market Size in Latin America and the Caribbean

The Latin American bottle cleaning machine market shrank remarkably to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Bottle Cleaning Machine Production in Latin America and the Caribbean

In value terms, bottle cleaning machine production reduced slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Bottle Cleaning Machine Exports

Exports in Latin America and the Caribbean

In 2022, approx. X units of machinery for cleaning or drying bottles were exported in Latin America and the Caribbean; picking up by X% against the previous year's figure. In general, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2016 when exports increased by X%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, bottle cleaning machine exports contracted significantly to $X in 2022. Over the period under review, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Brazil (X units), Peru (X units) and Ecuador (X units) represented the major exporter of machinery for cleaning or drying bottles in Latin America and the Caribbean, creating X% of total export. It was distantly followed by Mexico (X units), achieving a X% share of total exports. Colombia (X units), Costa Rica (X units), Cuba (X units) and El Salvador (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Brazil ($X) remains the largest bottle cleaning machine supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

In Brazil, bottle cleaning machine exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mexico (X% per year) and Ecuador (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price, however, recorded a moderate increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while El Salvador ($X per unit) was amongst the lowest.

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

Bottle Cleaning Machine Imports

Imports in Latin America and the Caribbean

In 2022, bottle cleaning machine imports in Latin America and the Caribbean reduced dramatically to X units, waning by X% against the previous year. Total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then shrank significantly in the following year.

In value terms, bottle cleaning machine imports expanded markedly to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Brazil (X units), distantly followed by Chile (X units), Argentina (X units), Mexico (X units), Venezuela (X units) and Colombia (X units) were the major importers of machinery for cleaning or drying bottles, together constituting X% of total imports. Guatemala (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Venezuela (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bottle cleaning machine importing markets in Latin America and the Caribbean were Mexico ($X), Venezuela ($X) and Brazil ($X), with a combined X% share of total imports.

Among the main importing countries, Venezuela, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price posted a pronounced expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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