why don't kpop groups hold more concerts in latam?

Despite Kpop being a niche genre, some kpop groups have a big fanbase in Latam and the demand is definitely there. Blackpink's first concert in Mexico is sold out (65k capacity) and a second day has been added to their Mexico stop from their born pink world tour.

I don't think kpop companies should underestimate the latam market, On the contrary, they should capitalize on that instead of focusing on Japan and SEA only. I mean, according to IFPI Mexico and Brazil consume more music on average than any other markets. At some point Mexico became the music streaming capital of the world in 2020.

Mexico, Brazil Consume More Music on Average Than Any Other Markets: IFPI

According to data from the IFPI, Latin American countries are the top consumers of music worldwide, by an ample margin, with Mexico and Brazil leading and…

www.billboard.com

Spotify Held Its First Awards Show in Mexico City -- Here's What Went Down

Bad Bunny, Karol G win big; Julieta Venegas, Ana Tijoux call for gender justice

www.rollingstone.com

There are popular festivals in latin America ( rock in Rio, lollapalooza Chile & Argentina, vive latino, festival estéreo picnic etc) and the concert scene in general seems profitable for popular artists.

Latin America: These are the Musical Tours of 2023 that you Cannot Miss - LatinAmerican Post

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Last month, US industry body the RIAA published its latest mid-year figures. They revealed a 9.1% increase in the retail value of recorded music there to $7.69bn in the first half of 2022. (about latin music in the US)

Quote from JiminieKookie

TFN was in South America and even released a Spanish song for their South American fans. A.C.E was on 4 worldtours and went 3 times to south America but since they are all in the army they can't tour right now. I think ATEEZ was at least once n South America. Not sure if the band W24 was on a worldtour before but if they were than South America would've been probably high on their list since Howon was born and raised in Venezuela. I also think that DAY6 had been in South America once and back when Jae was still a member he said that this was the first time he ever had been back to South America since he was born there but had left the place when he was still a baby (since he grew up in the US and therefore I think he also said he would be the only one in his family who dosn't speak Spanish I guess)

That's all I can think of at the moment

oh I didn't know all this but it's good to know it's just because most kpop artists focus mostly touring in Asia ( it does makes sense) but still

Quote from whats-your-game

Twice, NCT, Momoland, KARD, Got7, EXO, SuperM, Suju and Seventeen have all been there..

I know big bang has done concerts in Latam in the past ( way back) and about twice and momoland but I didn't know about the other groups. it's just I don't usually see them prioritizing Latam that's my argument I guess

Quote from AyanEva

With BTS tours, starting with LYSY, I recall the problem was the cost of their retainer fee (might not be the correct term), which was something like $1 million I think, and shady promoters who were just terrible at their jobs. But it was mostly the fee. The fee was so high because of how expensive it was to transport and set up all the tour equipment (dozens of semi trucks and/or air cargo) so a financial guarantee was needed in order to commit to each show. Promoters explained to fans that the fee was simply too expensive and they couldn't afford it so they couldn't book BTS.

Dunno if this is the case for other groups but it's probably a factor in some cases.

oh I see that's probably one of the biggest reasons