Latin America and the Caribbean: Metal Furniture Market 2020

Metal Furniture Market Size in Latin America and the Caribbean

The revenue of the metal furniture market in Latin America and the Caribbean amounted to $X in 2017, leveling off at the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. Over the period under review, the metal furniture market reached its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Metal Furniture Production in Latin America and the Caribbean

In 2017, approx. X units of metal furniture were produced in Latin America and the Caribbean; approximately equating the previous year. The metal furniture production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y. The volume of metal furniture production peaked in 2017, and is expected to retain its growth in the immediate term.

Metal Furniture Exports in Latin America and the Caribbean

In 2017, exports of metal furniture in Latin America and the Caribbean amounted to X units, therefore, remained relatively stable against the previous year. The metal furniture exports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The volume of exports peaked of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, metal furniture exports totaled $X in 2017. The metal furniture exports continue to indicate a relatively flat trend pattern. In that year, the metal furniture exports reached their peak level of $X. From 2013 to 2017, growth of the metal furniture exports stood at a somewhat lower level.

Metal Furniture Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) represented the major exporter for metal furniture, constituting X% of total exports. It was distantly followed by Panama (X units) and Brazil (X units), together generating X% share of total exports. El Salvador (X units), Colombia (X units), Argentina (X units) and Chile (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to metal furniture exports from Mexico stood at -X%. At the same time, El Salvador (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Panama (-X%), Colombia (-X%), Chile (-X%), Brazil (-X%) and Argentina (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Mexico, Brazil, Argentina and Panama increased by X%, X%, X% and X% percentage points, while El Salvador (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest metal furniture supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Panama ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

In Mexico, metal furniture exports 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: Panama (+X% per year) and Brazil (-X% per year).

Metal Furniture Export Prices by Country in Latin America and the Caribbean

The metal furniture export price in Latin America and the Caribbean stood at $X per thousand units in 2017, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the export prices for metal furniture attained its maximum level of $X per thousand units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Colombia ($X per thousand units), while El Salvador ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Panama (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Furniture Imports in Latin America and the Caribbean

In 2017, approx. X units of metal furniture were imported in Latin America and the Caribbean; approximately mirroring the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The volume of imports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, metal furniture imports amounted to $X in 2017. The total imports indicated a moderate increase from 2007 to 2017: its value 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 metal furniture imports decreased by -X% against 2014 indices. Over the period under review, the metal furniture imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Furniture Imports by Country in Latin America and the Caribbean

Mexico was the largest importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by Chile (X units), Colombia (X units), Brazil (X units), Argentina (X units), Panama (X units) and Peru (X units), together committing X% share of total imports. The Dominican Republic (X units), Costa Rica (X units), Honduras (X units), Paraguay (X units) and Nicaragua (X units) took the minor share of total imports.

Mexico experienced a relatively flat trend pattern of metal furniture imports. At the same time, Paraguay (+X%), Peru (+X%), Chile (+X%), Argentina (+X%), Brazil (+X%), Colombia (+X%), Nicaragua (+X%) and the Dominican Republic (+X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Honduras experienced a relatively flat trend pattern. By contrast, Costa Rica (-X%) and Panama (-X%) illustrated a downward trend over the same period. While the share of Panama (X%) increased significantly in terms of the global imports from 2007-2017, the share of Paraguay (-X%), Peru (-X%), Argentina (-X%), Mexico (-X%), Brazil (-X%), Colombia (-X%) and Chile (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported metal furniture in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Chile ($X), with a X% share of global imports. It was followed by Brazil, with a X% share.

In Mexico, metal furniture imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Brazil (+X% per year).

Metal Furniture Import Prices by Country in Latin America and the Caribbean

In 2017, the metal furniture import price in Latin America and the Caribbean amounted to $X per thousand units, rising by X% against the previous year. The metal furniture import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. The level of import price peaked of $X per thousand units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Peru ($X per thousand units), while Colombia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Costa Rica (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform