MERCOSUR: Market for Grinding And Sharpening Metal Finishing Machines 2024

Market Size for Grinding And Sharpening Metal Finishing Machines in MERCOSUR

In 2022, after five years of growth, there was decline in the MERCOSUR grinding and sharpening machine market, when its value decreased by X% to $X. Overall, consumption, however, recorded a strong expansion. The level of consumption peaked at $X in 2021, and then shrank slightly in the following year.

Production of Grinding And Sharpening Metal Finishing Machines in MERCOSUR

In value terms, grinding and sharpening machine production shrank slightly to $X in 2022 estimated in export price. In general, production recorded a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Grinding And Sharpening Metal Finishing Machines

Exports in MERCOSUR

In 2022, after four years of growth, there was significant decline in shipments abroad of grinding and sharpening metal finishing machines, when their volume decreased by X% to X units. In general, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, grinding and sharpening machine exports rose sharply to $X in 2022. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X%. 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

Brazil prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Chile (X units), committing a X% share of total exports. Colombia (X units) held a little share of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. 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. While the share of Chile (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest grinding and sharpening machine supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

Imports of Grinding And Sharpening Metal Finishing Machines

Imports in MERCOSUR

In 2022, purchases abroad of grinding and sharpening metal finishing machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then reduced dramatically in the following year.

In value terms, grinding and sharpening machine imports amounted to $X in 2022. In general, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 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

Brazil represented the main importer of grinding and sharpening metal finishing machines in MERCOSUR, with the volume of imports finishing at X units, which was near X% of total imports in 2022. Peru (X units) took the second position in the ranking, followed by Argentina (X units), Chile (X units) and Colombia (X units). All these countries together held approx. X% share of total imports. Ecuador (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to grinding and sharpening machine imports into Brazil stood at X%. At the same time, Colombia (X%), Ecuador (X%), Chile (X%), Peru (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Peru (X p.p.), Colombia (X p.p.), Chile (X p.p.), Argentina (X p.p.) and Ecuador (X p.p.) significantly strengthened its position in terms of the total imports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Brazil ($X) constitutes the largest market for imported grinding and sharpening metal finishing machines in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

In Brazil, grinding and sharpening machine imports decreased 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: Argentina (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, 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 Brazil (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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