Latin America and the Caribbean: Non-Domestic Dishwashing Machine Market 2024

Non-Domestic Dishwashing Machine Market Size in Latin America and the Caribbean

In 2022, the Latin American non-domestic dishwashing machine market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Non-Domestic Dishwashing Machine Production in Latin America and the Caribbean

In value terms, non-domestic dishwashing machine production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the production volume increased by 35%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Non-Domestic Dishwashing Machine Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of non-domestic dish-washing machines increased by 179% to X units, rising for the second consecutive year after two years of decline. In general, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-domestic dishwashing machine exports surged to $X in 2022. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 78%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil represented the main exporting country with an export of about X units, which resulted at 80% of total exports. It was distantly followed by Colombia (X units), generating an 11% share of total exports. Panama (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-domestic dishwashing machine exports from Brazil stood at +25.1%. At the same time, Colombia (+37.9%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +37.9% from 2012-2022. By contrast, Panama (-13.7%) illustrated a downward trend over the same period. Brazil (+64 p.p.) and Colombia (+9.9 p.p.) significantly strengthened its position in terms of the total exports, while Panama saw its share reduced by -12.5% from 2012 to 2022, respectively.

In value terms, Panama ($X), Colombia ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 36% of total exports.

Colombia, with a CAGR of +35.4%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, reducing by -49.5% against the previous year. In general, the export price faced a precipitous setback. The most prominent rate of growth was recorded in 2015 when the export price increased by 36%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-1.8%), while the other leaders experienced a decline in the export price figures.

Non-Domestic Dishwashing Machine Imports

Imports in Latin America and the Caribbean

In 2022, approx. X units of non-domestic dish-washing machines were imported in Latin America and the Caribbean; jumping by 28% on the previous year. Total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +3.7% 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 +35.9% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 38%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-domestic dishwashing machine imports soared to $X in 2022. Over the period under review, imports showed a mild increase. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X units) and Mexico (X units) represented the main importers of non-domestic dish-washing machines in 2022, reaching near 21% and 15% of total imports, respectively. It was distantly followed by Chile (X units), Argentina (X units), Colombia (X units), the Dominican Republic (X units), Ecuador (X units) and Panama (X units), together creating a 41% share of total imports. Cuba (X units), Guatemala (X units), Costa Rica (X units), El Salvador (X units) and Peru (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Panama (with a CAGR of +16.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic dishwashing machine importing markets in Latin America and the Caribbean were Mexico ($X), Chile ($X) and Brazil ($X), together accounting for 47% of total imports. Argentina, the Dominican Republic, Colombia, Panama, Peru, Costa Rica, Guatemala, Cuba, Ecuador and El Salvador lagged somewhat behind, together comprising a further 41%.

Among the main importing countries, Panama, with a CAGR of +14.1%, recorded the highest growth rate of the value of imports, 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 unit in 2022, increasing by 11% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 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 Chile ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+1.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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