Latin America and the Caribbean: Rubber Forming Machinery Market 2020

Rubber Forming Machinery Market Size in Latin America and the Caribbean

The revenue of the rubber forming machinery market in Latin America and the Caribbean amounted to $X in 2017, jumping by X% against the previous year. The rubber forming machinery consumption continues to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The level of rubber forming machinery consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Rubber Forming Machinery Production in Latin America and the Caribbean

In 2017, approx. X units of machinery for moulding or forming rubber or plastics were produced in Latin America and the Caribbean; waning by -X% against the previous year. The rubber forming machinery production continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. The volume of rubber forming machinery production peaked of X units in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Rubber Forming Machinery Exports in Latin America and the Caribbean

The exports stood at X units in 2017, picking up by X% against the previous year. The total exports 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 rubber forming machinery exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. Over the period under review, the rubber forming machinery exports reached its peak figure volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, rubber forming machinery exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the rubber forming machinery exports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Rubber Forming Machinery Exports by Country in Latin America and the Caribbean

Brazil (X units) and Mexico (X units) prevails in rubber forming machinery exports structure, together creating X% of total exports. Argentina (X units) and Colombia (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Among the main exporting countries , Mexico (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Rubber Forming Machinery Export Prices by Country in Latin America and the Caribbean

In 2017, the rubber forming machinery export price in Latin America and the Caribbean amounted to $X thousand per unit, lowering by -X% against the previous year. The rubber forming machinery export price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2016, when the export prices increased by X% against the previous year. Over the period under review, the export prices for machinery for moulding or forming rubber or plastics attained its maximum level of $X thousand per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

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 ($X thousand per unit), while Colombia ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced a decline in the export price figures.

Rubber Forming Machinery Imports in Latin America and the Caribbean

The imports amounted to X units in 2017, growing by X% against the previous year. The rubber forming machinery imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016, when imports increased by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, rubber forming machinery imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the rubber forming machinery imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Rubber Forming Machinery Imports by Country in Latin America and the Caribbean

Mexico dominates rubber forming machinery imports structure, accounting for X units, which was approx. X% of total imports in 2017. It was distantly followed by Brazil (X units), creating X% share of total imports. Venezuela (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to rubber forming machinery imports into Mexico stood at +X%. At the same time, Venezuela (+X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Venezuela 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 ($X) constitutes the largest market for imported machinery for moulding or forming rubber or plastics in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Venezuela, with a X% share.

In Mexico, rubber forming machinery imports increased 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 Venezuela (+X% per year).

Rubber Forming Machinery Import Prices by Country in Latin America and the Caribbean

The rubber forming machinery import price in Latin America and the Caribbean stood at $X thousand per unit in 2017, coming down by -X% against the previous year. The rubber forming machinery import price continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. In that year, the import prices for machinery for moulding or forming rubber or plastics reached their peak level of $X thousand per unit. From 2013 to 2017, growth of the import prices for machinery for moulding or forming rubber or plastics failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X thousand per unit), while Mexico ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mexico (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform