Latin America and the Caribbean: Mine Roof Support Market 2020

Mine Roof Support Market Size in Latin America and the Caribbean

The revenue of the mine roof support market in Latin America and the Caribbean amounted to $X in 2017, declining by -X% against the previous year. The mine roof support consumption continues to indicate a prominent growth. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. The level of mine roof support consumption peaked of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Mine Roof Support Production in Latin America and the Caribbean

In 2017, the amount of mobile hydraulic powered mine roof supports produced in Latin America and the Caribbean amounted to X units, remaining constant against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. The volume of mine roof support production peaked in 2017, and is expected to retain its growth in the near future.

Mine Roof Support Exports in Latin America and the Caribbean

In 2017, approx. X units of mobile hydraulic powered mine roof supports were exported in Latin America and the Caribbean; picking up by X% against the previous year. The mine roof support exports continue to indicate a temperate growth. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the mine roof support exports attained its peak figure volume of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, mine roof support exports amounted to $X in 2017. The total exports indicated a notable growth 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 mine roof support exports increased by +X% against 2015 indices. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Mine Roof Support Exports by Country in Latin America and the Caribbean

Mexico prevails in mine roof support exports structure, amounting to X units, which was approx. X% of total exports in 2017. It was distantly followed by Brazil (X units), mixed up X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to mine roof support exports from Mexico stood at +X%. At the same time, Brazil (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. While the share of Brazil (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico totaled +X%.

Mine Roof Support Export Prices by Country in Latin America and the Caribbean

The mine roof support export price in Latin America and the Caribbean stood at $X per unit in 2017, declining by -X% against the previous year. The mine roof support export price continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% y-o-y. Over the period under review, the export prices for mobile hydraulic powered mine roof supports attained its maximum level of $X per unit in 2009; however, from 2010 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 Brazil ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year).

Mine Roof Support Imports in Latin America and the Caribbean

In 2017, the amount of mobile hydraulic powered mine roof supports imported in Latin America and the Caribbean amounted to X units, coming down by -X% against the previous year. The mine roof support imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2014, with an increase of X% year-to-year. In that year, the mine roof support imports reached their peak volume of X units. From 2015 to 2017, growth of the mine roof support imports stood at a somewhat lower level.

In value terms, mine roof support imports amounted to $X in 2017. The total imports indicated a strong 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. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Mine Roof Support Imports by Country in Latin America and the Caribbean

Argentina represented the main importing country with an import of around X units, which finished at X% of total imports. Mexico (X units) held the second position in the ranking, followed by Ecuador (X units). All these countries together occupied approx. X% share of total imports. Brazil (X units) took the minor share of total imports.

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

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

In Mexico, mine roof support imports expanded 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: Brazil (+X% per year) and Argentina (+X% per year).

Mine Roof Support Import Prices by Country in Latin America and the Caribbean

In 2017, the mine roof support import price in Latin America and the Caribbean amounted to $X per unit, going up by X% against the previous year. The mine roof support import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, an increase of X% year-to-year. The level of import price peaked of $X per unit in 2008; however, from 2009 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 Brazil ($X per unit), while Ecuador ($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 Mexico (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform