Latin America and the Caribbean: Market for Non-Motorised Hand-Operated Mechanical Floor Sweepers 2024

Market Size for Non-Motorised Hand-Operated Mechanical Floor Sweepers in Latin America and the Caribbean

The Latin American mechanical hand floor sweeper market declined slightly to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Non-Motorised Hand-Operated Mechanical Floor Sweepers in Latin America and the Caribbean

In value terms, mechanical hand floor sweeper production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 20% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Exports in Latin America and the Caribbean

In 2022, overseas shipments of non-motorised hand-operated mechanical floor sweepers increased by 5.1% to X units, rising for the second year in a row after four years of decline. The total export volume increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 when exports increased by 17% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mechanical hand floor sweeper exports amounted to $X in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Mexico (X units) represented the major exporter of non-motorised hand-operated mechanical floor sweepers, committing 41% of total exports. El Salvador (X units) ranks second in terms of the total exports with an 18% share, followed by Brazil (11%), Honduras (11%), Guatemala (7.3%) and Colombia (7.1%).

Mexico experienced a relatively flat trend pattern with regard to volume of exports of non-motorised hand-operated mechanical floor sweepers. At the same time, Colombia (+4.5%), Brazil (+3.0%), Honduras (+2.7%) and El Salvador (+1.4%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +4.5% from 2012-2022. By contrast, Guatemala (-2.3%) illustrated a downward trend over the same period. While the share of Colombia (+2 p.p.), Brazil (+2 p.p.) and Honduras (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Guatemala (-2.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest mechanical hand floor sweeper supplier in Latin America and the Caribbean, comprising 62% of total exports. The second position in the ranking was taken by Honduras ($X), with a 14% share of total exports. It was followed by Brazil, with a 7.2% share.

In Mexico, mechanical hand floor sweeper exports expanded at an average annual rate of +2.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Honduras (+3.7% per year) and Brazil (+0.8% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, dropping by -3.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 11%. Over the period under review, the export prices reached the maximum at $X per unit in 2021, and then fell modestly in the following year.

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 Mexico ($X per unit), while El Salvador ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+6.4%), while the other leaders experienced more modest paces of growth.

Imports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Imports in Latin America and the Caribbean

After six years of growth, overseas purchases of non-motorised hand-operated mechanical floor sweepers decreased by -9.8% to X units in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 24%. The volume of import peaked at X units in 2021, and then contracted in the following year.

In value terms, mechanical hand floor sweeper imports dropped to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +74.1% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 25%. Over the period under review, imports reached the maximum at $X in 2021, and then fell in the following year.

Imports by Country

Brazil (X units) and Mexico (X units) were the largest importers of non-motorised hand-operated mechanical floor sweepers in 2022, reaching approx. 17% and 14% of total imports, respectively. It was distantly followed by Chile (X units), Guatemala (X units), the Dominican Republic (X units), Bolivia (X units) and Ecuador (X units), together making up a 28% share of total imports. The following importers - Honduras (X units), Paraguay (X units), Nicaragua (X units), Peru (X units), Panama (X units) and Argentina (X units) - together made up 22% of total imports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +41.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mechanical hand floor sweeper importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Chile ($X), together comprising 52% of total imports. The Dominican Republic, Guatemala, Argentina, Peru, Ecuador, Paraguay, Panama, Honduras, Nicaragua and Bolivia lagged somewhat behind, together comprising a further 31%.

Argentina, with a CAGR of +38.6%, saw the highest growth rate of the value of imports, among the main importing countries 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, approximately reflecting the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per unit, leveling off in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per unit), while Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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