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Report Latin America and the Caribbean - Platinum Catalysts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Latin America and the Caribbean - Platinum Catalysts - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Latin America and the Caribbean

The Latin American platinum catalysts market dropped slightly to $X in 2022, declining by -2.4% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Platinum Catalysts Production in Latin America and the Caribbean

In value terms, platinum catalysts production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by 13% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Platinum Catalysts Exports

Exports in Latin America and the Caribbean

In 2022, after six years of growth, there was significant decline in overseas shipments of platinum catalysts, when their volume decreased by -12.1% to X tons. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 2,201% against the previous year. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, platinum catalysts exports soared to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 133%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Ecuador (X tons), together recording 98% of total export.

Ecuador was also the fastest-growing in terms of the platinum catalysts exports, with a CAGR of +198.9% from 2012 to 2022. Ecuador (+98 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ecuador ($X) also remains the largest platinum catalysts supplier in Latin America and the Caribbean.

In Ecuador, platinum catalysts exports increased at an average annual rate of +168.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per kg, surging by 54% against the previous year. In general, the export price, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2015 when the export price increased by 1,405%. As a result, the export price reached the peak level of $X per kg. From 2016 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -10.3% per year.

Platinum Catalysts Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of platinum catalysts increased by 31% to X tons, rising for the third consecutive year after five years of decline. Overall, imports, however, saw a perceptible decrease. The growth pace was the most rapid in 2014 when imports increased by 61% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, platinum catalysts imports soared to $X in 2022. Over the period under review, imports saw a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 87%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Chile represented the key importer of platinum catalysts in Latin America and the Caribbean, with the volume of imports finishing at X tons, which was approx. 61% of total imports in 2022. It was distantly followed by Colombia (X tons), generating a 34% share of total imports. Mexico (X kg) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Chile (with a CAGR of +456.6%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Chile ($X) constitutes the largest market for imported platinum catalysts in Latin America and the Caribbean, comprising 67% of total imports. The second position in the ranking was held by Colombia ($X), with a 23% share of total imports.

In Chile, platinum catalysts imports expanded at an average annual rate of +913.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (-2.6% per year) and Mexico (-14.4% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per kg in 2022, with a decrease of -4% against the previous year. In general, the import price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 56% against the previous year. The level of import peaked at $X per kg in 2021, and then contracted modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+6.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of platinum catalysts consumption was Trinidad and Tobago, accounting for 43% of total volume. Moreover, platinum catalysts consumption in Trinidad and Tobago exceeded the figures recorded by the second-largest consumer, Ecuador, twofold. Costa Rica ranked third in terms of total consumption with a 14% share.
The countries with the highest volumes of in 2021 were Ecuador, Costa Rica and Nicaragua, with a combined 79% share of total production. These countries were followed by Brazil, Panama, Peru and Jamaica, which together accounted for a further 20%.
In value terms, Brazil remains the largest platinum catalysts supplier in Latin America and the Caribbean, comprising 98% of total exports. The second position in the ranking was occupied by Mexico, with a 2.3% share of total exports. It was followed by Nicaragua, with a 0.1% share.
In value terms, Colombia constitutes the largest market for imported platinum catalysts in Latin America and the Caribbean, comprising 50% of total imports. The second position in the ranking was occupied by Trinidad and Tobago, with a 20% share of total imports. It was followed by Chile, with a 12% share.
The export price in Latin America and the Caribbean stood at $17,346 per kg in 2021, waning by -31.4% against the previous year.
In 2021, the import price in Latin America and the Caribbean amounted to $1,117,116 per ton, with a decrease of -8.2% against the previous year.

This report provides an in-depth analysis of the platinum catalysts market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24413070 - Platinum catalysts in the form of wire cloth or grill

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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