MERCOSUR: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in MERCOSUR

The MERCOSUR food manufacture machinery market dropped slightly to $X in 2022, remaining relatively unchanged against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, leveling off in the following year.

Food Manufacture Machinery Production in MERCOSUR

In value terms, food manufacture machinery production dropped to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Food Manufacture Machinery Exports

Exports in MERCOSUR

In 2022, approx. X units of machinery for the preparation or manufacture of food or drink were exported in MERCOSUR; rising by X% compared with the year before. Over the period under review, exports, however, continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, food manufacture machinery exports surged to $X in 2022. Overall, exports, however, saw a slight decline. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil represented the key exporting country with an export of about X units, which recorded X% of total exports. Chile (X units) ranks second in terms of the total exports with a X% share, followed by Colombia (X%) and Ecuador (X%).

From 2012 to 2022, average annual rates of growth with regard to food manufacture machinery exports from Brazil stood at X%. At the same time, Ecuador (X%), Chile (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Ecuador 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.), Ecuador (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, Colombia ($X), Chile ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Ecuador lagged somewhat behind, comprising a further X%.

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

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced more modest paces of growth.

Food Manufacture Machinery Imports

Imports in MERCOSUR

In 2022, purchases abroad of machinery for the preparation or manufacture of food or drink increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, food manufacture machinery imports surged to $X in 2022. Overall, imports saw a notable expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Argentina (X units), Chile (X units), Colombia (X units) and Ecuador (X units) represented roughly X% of total imports in 2022. It was distantly followed by Brazil (X units), creating a X% share of total imports. The following importers - Peru (X units) and Paraguay (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest food manufacture machinery importing markets in MERCOSUR were Ecuador ($X), Chile ($X) and Colombia ($X), together comprising X% of total imports.

In terms of the main importing countries, Ecuador, with a CAGR of X%, recorded 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

The import price in MERCOSUR stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a pronounced setback. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per unit), while Argentina ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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