MERCOSUR: Transportation Vehicle Body Market 2024

Transportation Vehicle Body Market Size in MERCOSUR

The MERCOSUR transportation vehicle body market reduced to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, enjoyed a remarkable increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Transportation Vehicle Body Production in MERCOSUR

In value terms, transportation vehicle body production contracted to $X in 2022 estimated in export price. Overall, production, however, saw prominent growth. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Transportation Vehicle Body Exports

Exports in MERCOSUR

Transportation vehicle body exports skyrocketed to X units in 2022, jumping by X% compared with 2021. Over the period under review, exports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, transportation vehicle body exports rose notably to $X in 2022. In general, exports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X units) was the main exporter of bodies for motor vehicles for the transporting people in MERCOSUR, creating X% of total export.

Brazil was also the fastest-growing in terms of the bodies for motor vehicles for the transporting people exports, with a CAGR of X% from 2012 to 2022. While the share of Brazil (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest transportation vehicle body supplier in MERCOSUR.

In Brazil, transportation vehicle body exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price showed a deep slump. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Transportation Vehicle Body Imports

Imports in MERCOSUR

In 2022, overseas purchases of bodies for motor vehicles for the transporting people increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, transportation vehicle body imports surged to $X in 2022. Overall, imports, however, showed a deep setback. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X units) was the largest importer of bodies for motor vehicles for the transporting people, making up X% of total imports. It was distantly followed by Colombia (X units), constituting a X% share of total imports. The following importers - Paraguay (X units) and Argentina (X units) - together made up X% of total imports.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Paraguay (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%) and Colombia (X%) illustrated a downward trend over the same period. Brazil (X p.p.) and Paraguay (X p.p.) significantly strengthened its position in terms of the total imports, while Colombia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported bodies for motor vehicles for the transporting people in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Paraguay, with a X% share.

In Brazil, transportation vehicle body imports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Paraguay (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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