Latin America and the Caribbean: Tubular Metal Needle Market 2020

Tubular Metal Needle Market Size in Latin America and the Caribbean

The revenue of the tubular metal needle market in Latin America and the Caribbean amounted to $X in 2017, shrinking by -X% against the previous year. The tubular metal needle consumption continues to indicate a drastic descent. The pace of growth appeared the most rapid in 2012, when market value increased by X% y-o-y. In that year, the tubular metal needle market reached their peak level of $X. From 2013 to 2017, growth of the tubular metal needle market failed to regain its momentum.

Tubular Metal Needle Production in Latin America and the Caribbean

In 2017, approx. X units of tubular metal needles for medicine were produced in Latin America and the Caribbean; declining by -X% against the previous year. The tubular metal needle production continues to indicate a slight decline. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the tubular metal needle production attained its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Tubular Metal Needle Exports in Latin America and the Caribbean

The exports totaled X units in 2017, surging by X% against the previous year. The tubular metal needle exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, tubular metal needle exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Tubular Metal Needle Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) was the main exporter for tubular metal needles for medicine, generating X% of total exports. It was distantly followed by Costa Rica (X units), creating X% share of total exports. Brazil (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Costa Rica (+X% per year), while the other leaders experienced mixed trends in the exports figures.

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

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+X% per year) and Costa Rica (+X% per year).

Tubular Metal Needle Export Prices by Country in Latin America and the Caribbean

In 2017, the tubular metal needle export price in Latin America and the Caribbean amounted to $X per unit, dropping by -X% against the previous year. The tubular metal needle export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. The level of export price peaked of $X per unit in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per unit), while Costa Rica ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced a decline in the export price figures.

Tubular Metal Needle Imports in Latin America and the Caribbean

The imports amounted to X units in 2017, picking up by X% against the previous year. The total imports indicated a remarkable 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 tubular metal needle imports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2010, when imports increased by X% year-to-year. Over the period under review, the tubular metal needle imports attained its maximum volume of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, tubular metal needle imports stood at $X in 2017. The total imports indicated a prominent 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 tubular metal needle imports decreased by -X% against 2015 indices. Over the period under review, the tubular metal needle imports reached its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Tubular Metal Needle Import Prices by Country in Latin America and the Caribbean

The tubular metal needle import price in Latin America and the Caribbean stood at $X per unit in 2017, jumping by X% against the previous year. The tubular metal needle import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. In that year, the import prices for tubular metal needles for medicine reached their peak level of $X per unit. From 2012 to 2017, growth of the import prices for tubular metal needles for medicine failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Mexico ($X per unit), while Argentina ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform