MERCOSUR: Fats Preparation Machinery Market 2024

Fats Preparation Machinery Market Size in MERCOSUR

In 2022, the MERCOSUR fats preparation machinery market decreased by X% to $X, falling for the third consecutive year after three years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Fats Preparation Machinery Production in MERCOSUR

In value terms, fats preparation machinery production fell to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Fats Preparation Machinery Exports

Exports in MERCOSUR

In 2022, shipments abroad of machinery for the extraction or preparation of animal or fixed vegetable fats or oils increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, fats preparation machinery exports soared to $X in 2022. Overall, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X units) and Colombia (X units) dominates exports structure, together comprising X% of total exports. Ecuador (X units) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Brazil ($X), Colombia ($X) and Ecuador ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Ecuador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, showed a deep downturn. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained 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 Brazil ($X per unit), while Ecuador ($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 export price figures.

Fats Preparation Machinery Imports

Imports in MERCOSUR

In 2022, the amount of machinery for the extraction or preparation of animal or fixed vegetable fats or oils imported in MERCOSUR soared to X units, surging by X% against 2021. Overall, imports, however, recorded a noticeable shrinkage. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fats preparation machinery imports skyrocketed to $X in 2022. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Paraguay was the main importer of machinery for the extraction or preparation of animal or fixed vegetable fats or oils in MERCOSUR, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Colombia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Peru (X%), Argentina (X%), Ecuador (X%) and Brazil (X%). Chile (X units) followed a long way behind the leaders.

Imports into Paraguay decreased at an average annual rate of X% from 2012 to 2022. At the same time, Brazil (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Colombia experienced a relatively flat trend pattern. By contrast, Argentina (X%), Ecuador (X%), Peru (X%) and Chile (X%) illustrated a downward trend over the same period. While the share of Paraguay (X p.p.), Colombia (X p.p.), Brazil (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Chile (X p.p.) and Peru (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Argentina ($X) and Paraguay ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

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

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per unit), while Paraguay ($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 a decline in the import price figures.

Source: IndexBox Platform