Latin America and the Caribbean: Mattocks And Rakes Market 2025

Mattocks And Rakes Market Size in Latin America and the Caribbean

The Latin American mattocks and rakes market rose significantly to $X in 2022, with an increase of 5% against the previous year. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.3% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Mattocks And Rakes Production in Latin America and the Caribbean

In value terms, mattocks and rakes production dropped to $X in 2022 estimated in export price. The total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.9% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 20% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Mattocks And Rakes Exports

Exports in Latin America and the Caribbean

After three years of growth, shipments abroad of mattocks, picks, hoes and rakes decreased by -2% to X tons in 2022. Total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.2% against 2018 indices. The pace of growth was the most pronounced in 2020 with an increase of 41%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted in the following year.

In value terms, mattocks and rakes exports shrank to $X in 2022. Total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.1% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Mexico (X tons) and Brazil (X tons) dominates exports structure, together making up 88% of total exports. It was distantly followed by Colombia (X tons), making up a 6.6% share of total exports. El Salvador (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Brazil (with a CAGR of +9.6%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Mexico ($X), Brazil ($X) and El Salvador ($X) constituted the countries with the highest levels of exports in 2022, together comprising 96% of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of +11.0%, recorded the highest rates of growth with regard to 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 2022, the export price in Latin America and the Caribbean amounted to $X per ton, waning by -13.1% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mattocks and rakes export price decreased by -26.3% against 2018 indices. The growth pace was the most rapid in 2017 an increase of 26%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.3%), while the other leaders experienced more modest paces of growth.

Mattocks And Rakes Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of mattocks, picks, hoes and rakes were imported in Latin America and the Caribbean; flattening at 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 38% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, mattocks and rakes imports expanded remarkably to $X in 2022. Total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.6% 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 +60.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Guatemala (X tons), Peru (X tons), Chile (X tons), Colombia (X tons), Ecuador (X tons), Bolivia (X tons), Brazil (X tons), Argentina (X tons), Honduras (X tons), El Salvador (X tons), the Dominican Republic (X tons) and Nicaragua (X tons) was the main importer of mattocks, picks, hoes and rakes in Latin America and the Caribbean, creating 80% of total import. Panama (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Brazil (with a CAGR of +13.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X), Chile ($X) and Peru ($X) were the countries with the highest levels of imports in 2022, together accounting for 36% of total imports. The Dominican Republic, Colombia, Ecuador, Bolivia, Brazil, Panama, Argentina, Honduras, El Salvador and Nicaragua lagged somewhat behind, together accounting for a further 47%.

Brazil, with a CAGR of +19.6%, 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 ton in 2022, increasing by 8.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2016 an increase of 9.9%. The level of import peaked in 2022 and is expected to retain 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 the Dominican Republic ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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