Latin America and the Caribbean: Ceramic Insulating Fittings Market 2024

Ceramic Insulating Fittings Market Size in Latin America and the Caribbean

The Latin American ceramic insulating fittings market rose to $X in 2022, surging by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Ceramic Insulating Fittings Production in Latin America and the Caribbean

In value terms, ceramic insulating fittings production expanded slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Ceramic Insulating Fittings Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of insulating fittings for electrical purposes of ceramics were finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, ceramic insulating fittings exports surged to $X in 2022. In general, exports, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. Brazil (X units) followed a long way behind the leaders.

Exports from Mexico decreased at an average annual rate of X% from 2012 to 2022. Brazil (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest ceramic insulating fittings supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with an X% share of total exports.

In Mexico, ceramic insulating fittings exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per thousand units in 2022, rising by X% against the previous year. Export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ceramic insulating fittings export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per thousand units), while Mexico totaled $X per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%).

Ceramic Insulating Fittings Imports

Imports in Latin America and the Caribbean

In 2022, ceramic insulating fittings imports in Latin America and the Caribbean soared to X units, growing by X% on 2021. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, ceramic insulating fittings imports rose remarkably to $X in 2022. Overall, imports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Mexico dominates imports structure, finishing at X units, which was near X% of total imports in 2022. Brazil (X units) took a relatively small share of total imports.

Mexico was also the fastest-growing in terms of the insulating fittings for electrical purposes of ceramics imports, with a CAGR of X% from 2012 to 2022. Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mexico increased by X percentage points.

In value terms, Mexico ($X) constitutes the largest market for imported insulating fittings for electrical purposes of ceramics in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Mexico stood at X%.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to less than $X per unit, dropping by X% against the previous year. In general, the import price showed a abrupt decline. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Brazil ($X per unit), while Mexico totaled less than $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Source: IndexBox Platform