The latest Canalys report indicated 2.5 percent growth in smartphone shipment in Latin American countries during 2023 against 0.8 percent rise in 2022.
Smartphone shipment will be 9.4 million (+0.6 percent growth) in Argentina, 37.5 million (+0.6 percent) in Brazil, 8.5 million (+1.8 percent) in Chile, 14.5 million (+10 percent) in Colombia, 33.6 million (+2.3 percent) in Mexico and 8 million (+2.5 percent) in Peru in 2023, Canalys said.
The Canalys forecast said smartphone shipment in 2022 will be 9.3 million (+0.3 percent growth) in Argentina, 37 million (–3.1 percent) in Brazil, 8.3 million (–8 percent) in Chile, 13.1 million (+1.8 percent) in Colombia, 32.9 million (+2.1 percent) in Mexico and 7.8 million (–17.5 percent) in Peru.
Latin American smartphone shipments fell 2.5 percent year on year in Q2 2022, coming in at 32.2 million units. This follows a 2.5 percent drop in the last quarter, making the first two consecutive declines in the Latin American region since the beginning of the pandemic in Q1 and Q2 2020. But Latin America’s Q2 figure beats the overall global year-on-year decline (-9 percent), though there are growing concerns about specific markets, such as the Peru and Chile, which suffered double-digit falls during the quarter.
Samsung (11.6 million with 36 percent share), Lenovo (6.9 million with 22 percent), Xiaomi (5.3 million with 17 percent), Apple (1.5 million with 5 percent) and Transsion (1.3 million with 4 percent) are the leading smartphone brands in Latin America.
