Report Latin America and the Caribbean - Residential, commercial and industrial lighting fixture - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update May 1, 2024

Latin America and the Caribbean - Residential, commercial and industrial lighting fixture - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports by Country

In 2021, Mexico (X units) represented the key exporter of residential, commercial and industrial lighting fixture in Latin America and the Caribbean, mixing up X% of total export.

Mexico was also the fastest-growing in terms of the residential, commercial and industrial lighting fixture exports, with a CAGR of X% from 2020 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) also remains the largest residential, commercial and industrial lighting fixture supplier in Latin America and the Caribbean.

From 2020 to 2021, the average annual rate of growth in terms of value in Mexico stood at X%.

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2020 to 2021, the rate of growth in terms of prices for Mexico amounted to X% per year.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports in Latin America and the Caribbean

In 2021, the amount of residential, commercial and industrial lighting fixture imported in Latin America and the Caribbean skyrocketed to X units, rising by X% compared with 2020. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, imports of residential, commercial and industrial lighting fixture soared to $X in 2021. The total import value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Mexico (X units) and Brazil (X units) were the major importers of residential, commercial and industrial lighting fixture in 2021, amounting to near X% and X% of total imports, respectively. Colombia (X units) ranks next in terms of the total imports with a X% share, followed by Chile (X%) and Peru (X%). Argentina (X units), Ecuador (X units), Guatemala (X units), Costa Rica (X units), the Dominican Republic (X units) and Uruguay (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Brazil ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising X% of total imports. Chile, Peru, Argentina, Ecuador, Guatemala, Costa Rica, the Dominican Republic and Uruguay lagged somewhat behind, together comprising a further X%.

Guatemala, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2021, reducing by X% against the previous year. In general, the import price faced a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the Dominican Republic ($X per unit) and Chile ($X per unit), while Brazil ($X per unit) and Colombia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for residential, commercial and industrial lighting fixture in LatAmerica and the Caribbean?

The countries with the highest volumes of consumption in 2023 were Brazil, Mexico and Colombia, with a combined 56% share of total consumption.

What are the largest producers of residential, commercial and industrial lighting fixture in LatAmerica and the Caribbean?

Brazil constituted the country with the largest volume of production of residential, commercial and industrial lighting fixture, comprising approx. 95% of total volume. Moreover, production of residential, commercial and industrial lighting fixture in Brazil exceeded the figures recorded by the second-largest producer, Chile, more than tenfold.

What are the leading suppliers of residential, commercial and industrial lighting fixture in LatAmerica and the Caribbean?

In value terms, Mexico remains the largest residential, commercial and industrial lighting fixture supplier in Latin America and the Caribbean.

What are the leading importers of residential, commercial and industrial lighting fixture in LatAmerica and the Caribbean?

In value terms, the largest residential, commercial and industrial lighting fixture importing markets in Latin America and the Caribbean were Mexico, Brazil and Colombia, with a combined 57% share of total imports. Chile, Peru, Argentina, Ecuador, Guatemala, Costa Rica, the Dominican Republic and Uruguay lagged somewhat behind, together comprising a further 33%.

What is the average export price for residential, commercial and industrial lighting fixture in LatAmerica and the Caribbean?

The export price in Latin America and the Caribbean stood at $337 per unit in 2021, with an increase of 34% against the previous year.

What is the average import price for residential, commercial and industrial lighting fixture in LatAmerica and the Caribbean?

The import price in Latin America and the Caribbean stood at $9.5 per unit in 2021, which is down by -2.9% against the previous year.

This report provides an in-depth analysis of the market for residential, commercial and industrial lighting fixture 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 27402200 - Electric table, desk, bedside or floor-standing lamps
Prodcom 27402500 - Chandeliers and other electric ceiling or wall lighting fittings (excluding those used for lighting public open spaces or thoroughfares)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023