Latin America and the Caribbean: Prepared Drier Market 2024

Prepared Drier Market Size in Latin America and the Caribbean

The Latin American prepared drier market declined modestly to $X in 2022, dropping by X% against the previous year. In general, consumption saw a perceptible setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Prepared Drier Production in Latin America and the Caribbean

In value terms, prepared drier production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Prepared Drier Exports

Exports in Latin America and the Caribbean

In 2022, exports of prepared driers in Latin America and the Caribbean dropped sharply to X tons, with a decrease of X% on the previous year's figure. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, prepared drier exports dropped rapidly to $X in 2022. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Colombia (X tons) represented the main exporter of prepared driers, committing X% of total exports. It was distantly followed by Brazil (X tons) and Argentina (X tons), together creating a X% share of total exports. El Salvador (X tons) took a relatively small share of total exports.

Colombia experienced a relatively flat trend pattern with regard to volume of exports of prepared driers. At the same time, El Salvador (X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) and Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Colombia and El Salvador increased by X and X percentage points, respectively.

In value terms, Colombia ($X) remains the largest prepared drier supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Colombia stood at X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Argentina (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Brazil ($X per ton) and Argentina ($X per ton), while Colombia ($X per ton) and El Salvador ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (X%), while the other leaders experienced mixed trends in the export price figures.

Prepared Drier Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of prepared driers were imported in Latin America and the Caribbean; falling by X% on 2021 figures. Overall, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared drier imports declined to $X in 2022. In general, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of prepared drier imports in 2022 were the Dominican Republic (X tons), Guatemala (X tons), Chile (X tons), Peru (X tons), Ecuador (X tons), Mexico (X tons) and Costa Rica (X tons), together finishing at X% of total import. The following importers - El Salvador (X tons), Colombia (X tons), Venezuela (X tons), Argentina (X tons), Bolivia (X tons) and Jamaica (X tons) - together made up X% of total imports.

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

In value terms, the largest prepared drier importing markets in Latin America and the Caribbean were Mexico ($X), the Dominican Republic ($X) and Guatemala ($X), with a combined X% share of total imports.

In terms of the main importing countries, the Dominican Republic, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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