MERCOSUR: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in MERCOSUR

In 2022, the MERCOSUR civil reaction engine market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Civil Reaction Engine Production in MERCOSUR

In value terms, civil reaction engine production stood at $X in 2022 estimated in export price. The total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Civil Reaction Engine Exports

Exports in MERCOSUR

In 2022, the amount of civil reaction engines exported in MERCOSUR soared to X units, picking up by X% compared with 2021 figures. In general, exports, however, showed a sharp decrease. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, civil reaction engine exports soared to $X in 2022. Overall, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ecuador was the main exporter of civil reaction engines in MERCOSUR, with the volume of exports amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Brazil (X units) and Chile (X units), together mixing up a X% share of total exports. Argentina (X units), Peru (X units) and Paraguay (X units) held a minor share of total exports.

Ecuador was also the fastest-growing in terms of the civil reaction engines exports, with a CAGR of X% from 2012 to 2022. At the same time, Chile (X%), Peru (X%) and Argentina (X%) displayed positive paces of growth. Paraguay experienced a relatively flat trend pattern. By contrast, Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ecuador, Chile, Argentina, Peru and Paraguay increased by X, X, X, X and X percentage points, respectively.

In value terms, Ecuador ($X) emerged as the largest civil reaction engine supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Ecuador amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price continues to indicate buoyant growth. The growth pace was the most rapid 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 Ecuador ($X per unit), while Peru ($X per unit) was amongst the lowest.

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

Civil Reaction Engine Imports

Imports in MERCOSUR

In 2022, after two years of decline, there was significant growth in overseas purchases of civil reaction engines, when their volume increased by X% to X units. Overall, imports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, civil reaction engine imports surged to $X in 2022. In general, imports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Colombia prevails in imports structure, reaching X units, which was approx. X% of total imports in 2022. Chile (X units) and Brazil (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to civil reaction engine imports into Colombia stood at X%. At the same time, Chile (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. While the share of Chile (X p.p.) and Brazil (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (X p.p.) displayed negative dynamics.

In value terms, Colombia ($X) constitutes the largest market for imported civil reaction engines in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports.

In Colombia, civil reaction engine imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price showed a slight expansion. The most prominent rate of growth was recorded in 2015 an increase of 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 Brazil ($X per unit), while Chile ($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 a decline in the import price figures.

Source: IndexBox Platform

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