Latin America and the Caribbean: Monitors And Projectors Market 2024

Monitors And Projectors Market Size in Latin America and the Caribbean

For the fifth year in a row, the Latin American monitors and projectors market recorded decline in sales value, which decreased by -0.2% to $X in 2022. Overall, consumption, however, saw a slight setback. The most prominent rate of growth was recorded in 2017 with an increase of 1.9% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Monitors And Projectors Production in Latin America and the Caribbean

In value terms, monitors and projectors production dropped to $X in 2022 estimated in export price. The total production indicated a pronounced increase 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, production decreased by +0.1% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 31% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Monitors And Projectors Exports

Exports in Latin America and the Caribbean

In 2022, the amount of monitors and projectors exported in Latin America and the Caribbean dropped slightly to X units, almost unchanged from the previous year. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 91%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, monitors and projectors exports shrank slightly to $X in 2022. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2014 when exports increased by 59% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico dominates exports structure, recording X units, which was near 92% of total exports in 2022. The following exporters - Colombia (X units) and Chile (X units) - together made up 4.8% of total exports.

From 2012 to 2022, average annual rates of growth with regard to monitors and projectors exports from Mexico stood at -15.4%. At the same time, Colombia (+7.3%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +7.3% from 2012-2022. By contrast, Chile (-26.6%) illustrated a downward trend over the same period. While the share of Colombia (+2.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (-5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest monitors and projectors supplier in Latin America and the Caribbean, comprising 88% of total exports. The second position in the ranking was taken by Chile ($X), with a 1.6% share of total exports.

In Mexico, monitors and projectors exports decreased by an average annual rate of -15.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-30.7% per year) and Colombia (-0.4% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, remaining constant against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 13%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-0.0%), while the other leaders experienced a decline in the export price figures.

Monitors And Projectors Imports

Imports in Latin America and the Caribbean

In 2022, after two years of decline, there was growth in supplies from abroad of monitors and projectors, when their volume increased by 1.7% to X units. Over the period under review, imports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 44%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, monitors and projectors imports fell modestly to $X in 2022. In general, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 11%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Mexico represented the key importing country with an import of around X units, which amounted to 47% of total imports. Ecuador (X units) ranks second in terms of the total imports with a 23% share, followed by Bolivia (6.4%) and Argentina (4.8%). The following importers - Brazil (X units), Costa Rica (X units) and Uruguay (X units) - together made up 7.4% of total imports.

Imports into Mexico decreased at an average annual rate of -16.4% from 2012 to 2022. At the same time, Argentina (+16.2%), Ecuador (+4.4%) and Costa Rica (+2.1%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +16.2% from 2012-2022. Bolivia experienced a relatively flat trend pattern. By contrast, Uruguay (-12.9%) and Brazil (-22.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ecuador, Bolivia, Argentina and Costa Rica increased by +20, +5.1, +4.5 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported monitors and projectors in Latin America and the Caribbean, comprising 51% of total imports. The second position in the ranking was taken by Brazil ($X), with a 13% share of total imports. It was followed by Ecuador, with a 4.5% share.

In Mexico, monitors and projectors imports contracted by an average annual rate of -14.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (-8.0% per year) and Ecuador (-10.8% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, which is down by -4.7% against the previous year. Import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monitors and projectors import price increased by +4.5% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 18%. Over the period under review, import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+18.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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