MERCOSUR: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports in MERCOSUR

In 2021, approx. X units of in-hand motor grinders, sanders and planers were exported in MERCOSUR; picking up by 36% compared with 2020 figures. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 67%. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of in-hand motor grinders, sanders and planers surged to $X in 2021. The total export value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil prevails in planers structure, recording X units, which was near 90% of total exports in 2021. It was distantly followed by Chile (X units), mixing up a 7.1% share of total exports. Peru (X units) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to electromechanical tools for working in the hand, with self-contained electric motor exports from Brazil stood at +11.2%. At the same time, Peru (+41.0%) and Chile (+11.9%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +41.0% from 2012-2021. Brazil (+10 p.p.) and Peru (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest electromechanical tools for working in the hand, with self-contained electric motor supplier in MERCOSUR, comprising 85% of total exports. The second position in the ranking was held by Chile ($X), with a 12% share of total exports.

In Brazil, exports of in-hand motor grinders, sanders and planers expanded at an average annual rate of +4.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+3.8% per year) and Peru (+46.5% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per unit, surging by 3.2% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+4.0%), while the other leaders experienced a decline in the export price figures.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports in MERCOSUR

In 2021, approx. X units of in-hand motor grinders, sanders and planers were imported in MERCOSUR; increasing by 72% on 2020 figures. In general, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers surged to $X in 2021. Total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil was the key importer of in-hand motor grinders, sanders and planers in MERCOSUR, with the volume of imports resulting at X units, which was approx. 43% of total imports in 2021. Chile (X units) ranks second in terms of the total imports with a 20% share, followed by Argentina (15%), Peru (7.9%) and Colombia (6.7%). The following importers - Uruguay (X units) and Ecuador (X units) - each finished at a 5.9% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to electromechanical tools for working in the hand, with self-contained electric motor imports into Brazil stood at +7.4%. At the same time, Uruguay (+12.8%), Chile (+10.1%), Ecuador (+8.7%), Colombia (+8.2%), Peru (+5.8%) and Argentina (+3.8%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +12.8% from 2012-2021. From 2012 to 2021, the share of Chile and Brazil increased by +5.3 and +3.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2021, with a combined 76% share of total imports.

Among the main importing countries, Chile, with a CAGR of +13.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per unit, increasing by 2.6% against the previous year. Over the period under review, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Peru ($X per unit), while Uruguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+2.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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