Candle imports increased 75.84% in the region

Segundo semestre 2020

Candle imports measured in metric tons increased by 75.84% in the second semester of 2020, in comparison to the first semester of the same year, this is equivalent to a 46.23% in US dollars. This data shows signs of a recovery in the Latin America sector after the initial impact of the pandemic.

  1st semester 2nd semester variation %
USD 16.590.030 24.259.438 7.669.408 46,23
TM 5.253 9.237 3.984 75,84

 

When analyzing in detail the imports in U.S. dollars from 10 countries in the Latin American region during the second semester of 2020, it is observed that the largest importer in the period was Mexico with 57.6%, followed by Chile with 15.4% and Brazil with 6.53%.

The main countries of origin were China with 42%, followed by other regions with 29.9%, USA and Canada with 23.8%, Europe with 4.9% and Brazil with 3.27%.

According to our source, Venezuela does not have import records in the afore mentioned period, however, we received direct feedback from local manufacturers that this country is also having a certain percentage of imports.

  ORIGIN OF IMPORTS        
  China Brazil USA-Canada Europe Other regions TOTAL  
country USD % USD % USD % USD % USD % USD % Tons  
 
Argentina 367.066 85,1 0 0,00 30.430 7,06 8.804 2,04 25.020 5,80 431.320 1,78 743  
Bolivia 162.524 86,5 9.460 5,04 13.527 7,0 2.011 1,00 287 0 187.809 0,77 75  
Brazil 925.739 58,4   0,00 235.132 14,8 271.850 17,2 152.535 9,62 1.585.256 6,53 436  
Chile 3.203.684 85,8 0 0,00 249.018 6,67 87.721 2,35 193.764 5,19 3.734.187 15,4 1.293  
Colombia 857.661 60,6 0 0,00 409.356 28,9 22.625 1,60 124.524 8,81 1.414.166 5,83 378  
Ecuador 313.012 57,9 0 0,00 135.317 25,1 50.015 9,26 41.841 7,75 540.185 2,23 1.213  
Mexico 3.217.180 23,0 0 0,00 4.486.825 32,1 696.948 4,98 5.582.134 39,9 13.983.087 57,6 3.762  
Paraguay 49.588 5,7 784.455 90,9 9.328 1,08 10.489 1,22 8.634 1,00 862.494 3,56 862  
Peru 924.597 74,9 0 0,00 204.053 16,5 9.745 0,79 96.625 7,82 1.235.020 5,09 354  
Uruguay 196.451 68,7 0 0,00 3.368 1,18 28.391 9,93 57.704 20,2 285.914 1,18 121  
Total 10.217.502 42,1 793.915 3,27 5.776.354 23,8 1.188.599 4,90 6.283.068 25,9 24.259.438 100,00 9.237  

 

With Mexico being the largest importer in the region, we have prepared a chart with the main countries of origin. according to our source, we can observe that the highest percentage comes from unknown countries with 36.28%, followed by the United States 28.06%, China 23.01%, Canada 4.02% and the other countries that are seen in the table.

 

Exporting Country Amount in USD %
unknown 5.073.588 36,28
United States 3.924.175 28,06
China 3.217.180 23,01
Canada 562.650 4,02
Vietnam 434.469 3,11
Spain 364.392 2,61
France 128.545 0,92
United Kingdom 108.316 0,77
India 57.039 0,41
Portugal 37.526 0,27
Poland 34.956 0,25
Thailand 16.817 0,12
Italy 12.410 0,09
Ireland 3.824 0,03
Latvia 3.219 0,02
Sweden 3.074 0,02
Estonia 687 0,00
Taiwan 150 0,00
Morocco 70 0,00
TOTAL 13.983.087 100

 

Prepared by: Alfredo Ocampo

Source: Sicex

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