MERCOSUR: Degras Market 2024

Degras Market Size in MERCOSUR

The MERCOSUR degras market was estimated at $X in 2022, surging by X% against the previous year. The total consumption 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Degras Production in MERCOSUR

In value terms, degras production stood at $X in 2022 estimated in export price. In general, production recorded a noticeable expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Degras Exports

Exports in MERCOSUR

In 2022, shipments abroad of degras increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, degras exports soared to $X in 2022. In general, exports, however, recorded a abrupt decline. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X tons) and Venezuela (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Colombia (X tons), comprising a X% share of total exports. Paraguay (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

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

In Ecuador, degras exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Paraguay (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible setback. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while Venezuela ($X per ton) 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 export price figures.

Degras Imports

Imports in MERCOSUR

In 2022, approx. X tons of degras were imported in MERCOSUR; declining by X% compared with the previous year's figure. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, degras imports dropped dramatically to $X in 2022. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Peru (X tons) was the main importer of degras, constituting X% of total imports. It was distantly followed by Ecuador (X tons), Colombia (X tons) and Chile (X tons), together making up a X% share of total imports. Uruguay (X tons), Brazil (X tons) and Venezuela (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to degras imports into Peru stood at X%. At the same time, Venezuela (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%), Chile (X%), Colombia (X%) and Uruguay (X%) illustrated a downward trend over the same period. Peru (X p.p.), Ecuador (X p.p.), Uruguay (X p.p.), Venezuela (X p.p.) and Brazil (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, Peru ($X) constitutes the largest market for imported degras in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Ecuador ($X), with an X% share of total imports. It was followed by Chile, with a X% share.

In Peru, degras imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The pace of growth was the most pronounced in 2014 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then dropped rapidly in the following year.

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 Venezuela ($X per ton), while Colombia ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform

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