Total output value of the chemical manufacturing industry in Latin America 2018-2028

Published by Statista Research Department, Mar 15, 2024

The total value of goods produced by the chemical manufacturing industry in Latin America is projected to reach 130.31 billion U.S. dollars in 2028. This forecast shows a consistent decrease from the 2024 output value of 142.39 billion U.S. dollars.

Total value of goods produced by the chemical manufacturing industry in Latin America from 2018 to 2028 (in billion U.S. dollars)

Characteristic	Output in billion U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Chemicals market refers to the manufacturing of a wide range of chemicals and chemical products, such as basic chemicals, fertilizers, pesticides, pharmaceuticals, paints, varnishes, and so on. The production of chemicals and chemical products is a crucial component of many industries, such as agriculture, construction, automotive, and healthcare.

Additional information:

The market comprises value added, output, number of enterprises, number of employees, and the respective growth rates. Output refers to the total value of all goods produced, whereas value added is the sum of the intermediate stages of production or, in other words, the wealth created by industry activity. The market only displays B2B production.

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