MERCOSUR: Market for Machine-Tools For Working Wood 2024

Market Size for Machine-Tools For Working Wood in MERCOSUR

In 2023, the MERCOSUR machine-tool for working wood market increased by X% to $X, rising for the seventh year in a row after four years of decline. In general, consumption posted a resilient increase. Over the period under review, the market hit record highs in 2023 and is likely to continue growth in the immediate term.

Production of Machine-Tools For Working Wood in MERCOSUR

In value terms, machine-tool for working wood production contracted to $X in 2023 estimated in export price. Overall, production, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Machine-Tools For Working Wood

Exports in MERCOSUR

Machine-tool for working wood exports dropped remarkably to X units in 2023, with a decrease of X% compared with the previous year's figure. Overall, exports continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2023, the growth of the exports remained at a lower figure.

In value terms, machine-tool for working wood exports dropped to $X in 2023. Total exports indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X units) and Brazil (X units) were the largest exporters of machine-tools for working wood in 2023, amounting to near X% and X% of total exports, respectively. It was distantly followed by Peru (X units), comprising a X% share of total exports. Colombia (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Peru (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest machine-tool for working wood supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

In Brazil, machine-tool for working wood exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Peru (X% per year).

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per unit, rising by X% against the previous year. Overall, the export price saw noticeable growth. The pace of growth was the most pronounced in 2019 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the export price figures.

Imports of Machine-Tools For Working Wood

Imports in MERCOSUR

For the fourth consecutive year, MERCOSUR recorded growth in supplies from abroad of machine-tools for working wood, which increased by X% to X units in 2023. Overall, imports saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in years to come.

In value terms, machine-tool for working wood imports declined markedly to $X in 2023. Over the period under review, imports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Chile (X units) and Brazil (X units) prevails in imports structure, together comprising X% of total imports. It was distantly followed by Argentina (X units), mixing up a X% share of total imports. The following importers - Peru (X units) and Colombia (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Chile (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported machine-tools for working wood in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Brazil, machine-tool for working wood imports contracted by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Chile (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2023, shrinking by X% against the previous year. In general, the import price showed a deep slump. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2023, the import prices remained at a somewhat lower figure.

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

From 2012 to 2023, 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