MERCOSUR: Endless Machinery Band Market 2024

Endless Machinery Band Exports

Exports in MERCOSUR

In 2022, approx. X square meters of endless bands for machinery, of stainless steel were exported in MERCOSUR; falling by X% compared with 2021 figures. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, endless machinery band exports declined markedly to $X in 2022. In general, exports faced a abrupt descent. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Colombia (X square meters) was the key exporter of endless bands for machinery, of stainless steel, mixing up X% of total exports. Brazil (X square meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Ecuador (X%) and Chile (X%). Venezuela (X square meters) took a little share of total exports.

Exports from Colombia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Venezuela (X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%), Brazil (X%) and Ecuador (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Colombia, Chile and Venezuela increased by X, X and X percentage points, respectively.

In value terms, the largest endless machinery band supplying countries in MERCOSUR were Brazil ($X), Chile ($X) and Colombia ($X), with a combined X% share of total exports.

Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per square meter in 2022, increasing by X% against the previous year. Overall, the export price posted resilient growth. The level of export peaked at $X per square meter in 2016; however, from 2017 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 Chile ($X per square meter), while Venezuela ($X per square meter) was amongst the lowest.

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

Endless Machinery Band Imports

Imports in MERCOSUR

In 2022, the amount of endless bands for machinery, of stainless steel imported in MERCOSUR dropped remarkably to X square meters, shrinking by X% against the previous year's figure. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, endless machinery band imports expanded significantly to $X in 2022. Overall, imports recorded a slight contraction. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ecuador represented the major importing country with an import of around X square meters, which resulted at X% of total imports. Argentina (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (X%), Chile (X%) and Colombia (X%). Peru (X square meters) took a minor share of total imports.

Imports into Ecuador decreased at an average annual rate of X% from 2012 to 2022. Argentina (X%), Brazil (X%), Chile (X%), Colombia (X%) and Peru (X%) illustrated a downward trend over the same period. Argentina (X p.p.), Brazil (X p.p.) and Chile (X p.p.) significantly strengthened its position in terms of the total imports, while Ecuador, Peru and Colombia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest endless machinery band importing markets in MERCOSUR were Argentina ($X), Brazil ($X) and Colombia ($X), with a combined X% share of total imports.

Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per square meter, growing by X% against the previous year. Import price indicated strong growth from 2012 to 2022: its price 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, endless machinery band import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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