Latin America and the Caribbean: Metal Polishes Market 2020

Metal Polishes Market Size in Latin America and the Caribbean

The revenue of the metal polishes market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when market value increased by X% y-o-y. The level of metal polishes consumption peaked in 2017, and is likely to continue its growth in the near future.

Metal Polishes Production in Latin America and the Caribbean

The metal polishes production stood at X tons in 2017, picking up by X% against the previous year. The metal polishes production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when it surged by X% year-to-year. The volume of metal polishes production peaked in 2017, and is expected to retain its growth in the near future.

Metal Polishes Exports in Latin America and the Caribbean

In 2017, the amount of metal polishes exported in Latin America and the Caribbean totaled X tons, coming down by -X% against the previous year. The metal polishes exports continue to indicate a slight decrease. The growth pace was the most rapid in 2013, with an increase of X% against the previous year. In that year, the metal polishes exports reached their peak volume of X tons. From 2014 to 2017, growth of the metal polishes exports stood at a somewhat lower level.

In value terms, metal polishes exports amounted to $X in 2017. The metal polishes exports continue to indicate a relatively flat trend pattern. In that year, the metal polishes exports reached their peak level of $X. From 2014 to 2017, growth of the metal polishes exports failed to regain its momentum.

Metal Polishes Exports by Country in Latin America and the Caribbean

Argentina (X tons) and Mexico (X tons) were the key exporters of metal polishes in 2017, recording approx. X% and X% of total exports, respectively. Honduras (X tons) took the second position in the ranking, followed by Colombia (X tons), Peru (X tons) and Costa Rica (X tons). All these countries together occupied near X% share of total exports. The following exporters - Chile (X tons) and Guatemala (X tons) each finished at a X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Honduras ($X), Colombia ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Mexico (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

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

In 2017, the metal polishes export price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. Over the period under review, the export prices for metal polishes attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Honduras ($X per ton), while Peru ($X per ton) was amongst the lowest.

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

Metal Polishes Imports in Latin America and the Caribbean

In 2017, approx. X tons of metal polishes were imported in Latin America and the Caribbean; dropping by -X% against the previous year. The metal polishes imports continue to indicate a slight decline. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Over the period under review, the metal polishes imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, metal polishes imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Metal Polishes Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X tons) was the largest importer for metal polishes, generating X% of total imports. It was distantly followed by Brazil (X tons), Chile (X tons), Peru (X tons), Argentina (X tons) and Ecuador (X tons), together making up X% share of total imports. Uruguay (X tons), Colombia (X tons), El Salvador (X tons), Costa Rica (X tons), Venezuela (X tons) and Nicaragua (X tons) took the mild share of total imports.

Imports into Mexico decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Brazil (+X%), Peru (+X%), Colombia (+X%), Ecuador (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Argentina experienced a relatively flat trend pattern. By contrast, El Salvador (-X%), Uruguay (-X%), Venezuela (-X%), Nicaragua (-X%) and Costa Rica (-X%) illustrated a downward trend over the same period. Mexico (X%) and Costa Rica (X%) significantly strengthened its position in terms of the global imports, while Ecuador, Chile, Peru and Brazil saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, metal polishes imports remained relatively stable 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 Polishes Import Prices by Country in Latin America and the Caribbean

The metal polishes import price in Latin America and the Caribbean stood at $X per ton in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. Over the period under review, the import prices for metal polishes reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

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

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

Source: IndexBox Platform