Latin America and the Caribbean: Stainless Steel Nut Market 2020

Stainless Steel Nut Market Size in Latin America and the Caribbean

The revenue of the stainless steel nut market in Latin America and the Caribbean amounted to $X in 2017, lowering by -X% against the previous year. The stainless steel nut consumption continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. The level of stainless steel nut consumption peaked of $X in 2016, and then declined slightly in the following year.

Stainless Steel Nut Production in Latin America and the Caribbean

The stainless steel nut production totaled X tons in 2017, remaining stable against the previous year. The stainless steel nut production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when the output figure increased by X% y-o-y. Over the period under review, the stainless steel nut production reached its peak figure volume in 2017, and is likely to see steady growth in the near future.

Stainless Steel Nut Exports in Latin America and the Caribbean

In 2017, stainless steel nut exports in Latin America and the Caribbean stood at X tons, going down by -X% against the previous year. The total exports indicated a modest expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel nut exports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, stainless steel nut exports stood at $X in 2017. The stainless steel nut exports continue to indicate a strong expansion. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Stainless Steel Nut Exports by Country in Latin America and the Caribbean

Mexico (X tons) and Brazil (X tons) dominates stainless steel nut exports structure, together creating X% of total exports. Panama (X tons) and Chile (X tons) took the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest stainless steel nut supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Panama, with a X% share.

In Mexico, stainless steel nut exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-X% per year) and Panama (+X% per year).

Stainless Steel Nut Export Prices by Country in Latin America and the Caribbean

In 2017, the stainless steel nut export price in Latin America and the Caribbean amounted to $X per ton, coming down by -X% against the previous year. The stainless steel nut export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. The level of export price peaked of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mexico ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Stainless Steel Nut Imports in Latin America and the Caribbean

The imports totaled X tons in 2017, surging by X% against the previous year. The total imports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel nut imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, stainless steel nut imports amounted to $X in 2017. The total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stainless steel nut imports decreased by -X% against 2014 indices. Over the period under review, the stainless steel nut imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Stainless Steel Nut Imports by Country in Latin America and the Caribbean

Mexico prevails in stainless steel nut imports structure, recording X tons, which was approx. X% of total imports in 2017. It was distantly followed by Brazil (X tons), constituting X% share of total imports. The following importers - Argentina (X tons), Colombia (X tons), Peru (X tons), Chile (X tons) and Venezuela (X tons) together made up X% of total imports.

Mexico was also the fastest growing in terms of the stainless steel nuts imports, with a CAGR of +X% from 2007 to 2017. At the same time, Peru (+X%), Chile (+X%), Venezuela (+X%), Colombia (+X%) and Brazil (+X%) displayed positive paces of growth. By contrast, Argentina (-X%) illustrated a downward trend over the same period. While the share of Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported stainless steel nuts in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

In Mexico, stainless steel nut imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Argentina (+X% per year).

Stainless Steel Nut Import Prices by Country in Latin America and the Caribbean

In 2017, the stainless steel nut import price in Latin America and the Caribbean amounted to $X per ton, jumping by X% against the previous year. The stainless steel nut import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, an increase of X% against the previous year. In that year, the import prices for stainless steel nuts reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for stainless steel nuts failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Chile (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform