Latin America and the Caribbean: Solid-Liquid Separator Market 2024

Solid-Liquid Separator Market Size in Latin America and the Caribbean

In 2022, after three years of growth, there was decline in the Latin American solid-liquid separator market, when its value decreased by -0.1% to $X. Overall, consumption saw a slight slump. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Solid-Liquid Separator Production in Latin America and the Caribbean

In value terms, solid-liquid separator production amounted to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 158% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Solid-Liquid Separator Exports

Exports in Latin America and the Caribbean

In 2022, the amount of machinery for solid-liquid separation exported in Latin America and the Caribbean amounted to X units, picking up by 2.2% against 2021 figures. In general, exports, however, continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of 64%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, solid-liquid separator exports skyrocketed to $X in 2022. Overall, exports enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2015 with an increase of 92% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico was the largest exporting country with an export of around X units, which finished at 80% of total exports. It was distantly followed by Brazil (X units), constituting a 15% share of total exports.

Mexico was also the fastest-growing in terms of the machinery for solid-liquid separation exports, with a CAGR of -2.2% from 2012 to 2022. Brazil (-9.6%) illustrated a downward trend over the same period. While the share of Mexico (+12 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (-12.5 p.p.) displayed negative dynamics.

In value terms, Mexico ($X) remains the largest solid-liquid separator supplier in Latin America and the Caribbean, comprising 91% of total exports. The second position in the ranking was held by Brazil ($X), with a 6.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Mexico stood at +9.0%.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, growing by 13% against the previous year. In general, the export price posted strong growth. The pace of growth appeared the most rapid in 2015 when the export price increased by 51% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Brazil amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.5%).

Solid-Liquid Separator Imports

Imports in Latin America and the Caribbean

In 2022, imports of machinery for solid-liquid separation in Latin America and the Caribbean contracted to X units, declining by -10.5% against 2021 figures. Overall, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, solid-liquid separator imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 21%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Mexico (X units) and Brazil (X units) represented the main importers of machinery for solid-liquid separation in Latin America and the Caribbean, together generating 59% of total imports. It was distantly followed by Colombia (X units), Argentina (X units) and Peru (X units), together making up a 20% share of total imports. The following importers - Ecuador (X units), Guatemala (X units), Chile (X units), Bolivia (X units) and the Dominican Republic (X units) - together made up 12% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Dominican Republic (with a CAGR of +12.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Brazil ($X) and Argentina ($X) were the countries with the highest levels of imports in 2022, together accounting for 72% of total imports. Colombia, Chile, Peru, Ecuador, Guatemala, the Dominican Republic and Bolivia lagged somewhat behind, together accounting for a further 21%.

The Dominican Republic, with a CAGR of +9.1%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per thousand units in 2022, growing by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Chile ($X per thousand units), while Bolivia ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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