MERCOSUR: Hide Preparing Machinery Market 2024

Hide Preparing Machinery Market Size in MERCOSUR

In 2022, the MERCOSUR hide preparing machinery market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption continues to indicate a noticeable decline. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Hide Preparing Machinery Production in MERCOSUR

In value terms, hide preparing machinery production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Hide Preparing Machinery Exports

Exports in MERCOSUR

In 2022, shipments abroad of machinery for preparing, tanning or working hides, skins or leather increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hide preparing machinery exports contracted markedly to $X in 2022. Overall, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of machinery for preparing, tanning or working hides, skins or leather, namely Brazil, represented more than two-thirds of total export.

Brazil was also the fastest-growing in terms of the machinery for preparing, tanning or working hides, skins or leather exports, with a CAGR of X% from 2012 to 2022. While the share of Brazil (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest hide preparing machinery supplier in MERCOSUR.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled X%.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Hide Preparing Machinery Imports

Imports in MERCOSUR

In 2022, the amount of machinery for preparing, tanning or working hides, skins or leather imported in MERCOSUR soared to X units, jumping by X% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, hide preparing machinery imports rose markedly to $X in 2022. Overall, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of machinery for preparing, tanning or working hides, skins or leather, namely Peru, Brazil and Argentina, represented more than two-thirds of total import. It was distantly followed by Colombia (X units), making up an X% share of total imports. The following importers - Chile (X units), Venezuela (X units) and Ecuador (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Brazil ($X) constitutes the largest market for imported machinery for preparing, tanning or working hides, skins or leather in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Colombia (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, dropping by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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