MERCOSUR: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in MERCOSUR

In 2022, the MERCOSUR construction equipment blade market increased by X% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption showed buoyant growth. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Construction Equipment Blade Production in MERCOSUR

In value terms, construction equipment blade production surged to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Construction Equipment Blade Exports

Exports in MERCOSUR

In 2022, shipments abroad of blades for construction equipment increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, construction equipment blade exports skyrocketed to $X in 2022. Overall, exports posted a slight expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil was the largest exporter of blades for construction equipment in MERCOSUR, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Colombia (X units), generating a X% share of total exports. Chile (X units) and Peru (X units) followed a long way behind the leaders.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of blades for construction equipment. At the same time, Colombia (X%) and Chile (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Peru experienced a relatively flat trend pattern. From 2012 to 2022, the share of Colombia, Brazil and Chile increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest construction equipment blade supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Brazil, construction equipment blade exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the export price figures.

Construction Equipment Blade Imports

Imports in MERCOSUR

In 2022, overseas purchases of blades for construction equipment increased by X% to X units, rising for the second year in a row after four years of decline. Over the period under review, imports recorded strong growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, construction equipment blade imports surged to $X in 2022. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil dominates imports structure, recording X units, which was approx. X% of total imports in 2022. Colombia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Ecuador (X%) and Argentina (X%). The following importers - Chile (X units) and Peru (X units) - together made up X% of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Argentina (X%), Colombia (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%) and Peru (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ecuador (X p.p.), Chile (X p.p.) and Peru (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported blades for construction equipment in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with an X% share of total imports. It was followed by Ecuador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Chile (X% per year) and Ecuador (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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