Latin America and the Caribbean: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Latin America and the Caribbean

The Latin American metal deburring machine market surged to $X in 2021, picking up by 48% against the previous year. The total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +83.0% against 2017 indices. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Metal Deburring Machine Production in Latin America and the Caribbean

In value terms, metal deburring machine production surged to $X in 2021 estimated in export price. In general, production, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2019 when the production volume increased by 81%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Metal Deburring Machine Exports

Exports in Latin America and the Caribbean

In 2021, overseas shipments of machines for deburring or polishing metal were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a deep reduction. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal deburring machine exports soared to $X in 2021. In general, exports showed a mild expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 74%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Mexico (X units) and Brazil (X units) prevails in exports structure, together comprising 82% of total exports. Argentina (X units) took the next position in the ranking, followed by Chile (X units). All these countries together held near 14% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil (with a CAGR of +6.8%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest metal deburring machine supplying countries in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Chile ($X), with a combined 94% share of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of +10.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per unit, which is down by -49.3% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2019 an increase of 156%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Chile ($X per unit), while Argentina ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+17.3%), while the other leaders experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports in Latin America and the Caribbean

In 2021, the amount of machines for deburring or polishing metal imported in Latin America and the Caribbean skyrocketed to X units, picking up by 85% on the previous year. Over the period under review, imports enjoyed a perceptible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal deburring machine imports declined to $X in 2021. In general, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 29% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Brazil (X units) and Chile (X units) represented roughly 63% of total imports in 2021. It was distantly followed by Peru (X units), Mexico (X units) and Argentina (X units), together making up a 31% share of total imports. Colombia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +26.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal deburring machine importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Chile ($X), together comprising 82% of total imports. Peru, Argentina and Colombia lagged somewhat behind, together accounting for a further 11%.

In terms of the main importing countries, Peru, with a CAGR of +10.8%, recorded the highest rates of growth with regard to 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 2021, the import price in Latin America and the Caribbean amounted to $X per unit, falling by -50.1% against the previous year. In general, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2014 an increase of 63%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :