Latin America and the Caribbean: Reticle Manufacturing Machine Market 2024

Reticle Manufacturing Machine Market Size in Latin America and the Caribbean

In 2021, the Latin American reticle manufacturing machine market increased by 69% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Reticle Manufacturing Machine Production in Latin America and the Caribbean

In value terms, reticle manufacturing machine production expanded notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 19% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Reticle Manufacturing Machine Exports

Exports in Latin America and the Caribbean

In 2021, the amount of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits exported in Latin America and the Caribbean surged to X units, with an increase of 364% against the previous year's figure. Over the period under review, exports, however, saw a noticeable slump. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, reticle manufacturing machine exports skyrocketed to $X in 2021. Overall, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by 323% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X units) and Costa Rica (X units) dominates exports structure, together creating 82% of total exports. Mexico (X units) ranks next in terms of the total exports with a 9.6% share, followed by Guatemala (5.7%). Panama (X units) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Panama (with a CAGR of +21.3%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Mexico ($X) remains the largest reticle manufacturing machine supplier in Latin America and the Caribbean, comprising 92% of total exports. The second position in the ranking was taken by Costa Rica ($X), with a 4% share of total exports. It was followed by Brazil, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value in Mexico amounted to -10.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Costa Rica (-10.9% per year) and Brazil (-8.9% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per unit, declining by -64.9% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the export price increased by 821%. Over the period under review, the export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+12.1%), while the other leaders experienced mixed trends in the export price figures.

Reticle Manufacturing Machine Imports

Imports in Latin America and the Caribbean

Reticle manufacturing machine imports soared to X units in 2021, with an increase of 213% compared with the previous year. In general, imports continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, reticle manufacturing machine imports surged to $X in 2021. Over the period under review, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Costa Rica (X units) represented the largest importer of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits, making up 56% of total imports. Brazil (X units) held the second position in the ranking, distantly followed by Mexico (X units). All these countries together held approx. 36% share of total imports. Guatemala (X units) and Argentina (X units) followed a long way behind the leaders.

Imports into Costa Rica increased at an average annual rate of +13.7% from 2012 to 2021. At the same time, Mexico (+18.6%) and Brazil (+9.5%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +18.6% from 2012-2021. By contrast, Guatemala (-2.9%) and Argentina (-4.6%) illustrated a downward trend over the same period. Costa Rica (+20 p.p.), Mexico (+6.9 p.p.) and Brazil (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Argentina and Guatemala saw its share reduced by -4.1% and -6.4% from 2012 to 2021, respectively.

In value terms, Mexico ($X) constitutes the largest market for imported machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits in Latin America and the Caribbean, comprising 67% of total imports. The second position in the ranking was held by Costa Rica ($X), with a 24% share of total imports. It was followed by Brazil, with a 5.9% share.

In Mexico, reticle manufacturing machine imports increased at an average annual rate of +18.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Costa Rica (+11.9% per year) and Brazil (+3.9% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2021, declining by -29.4% against the previous year. Over the period under review, the import price, however, continues to indicate a notable increase. The growth pace was the most rapid in 2020 an increase of 55%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+9.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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