MERCOSUR: Market for Machines For Balancing Mechanical Parts 2024

Exports of Machines For Balancing Mechanical Parts

Exports in MERCOSUR

In 2022, the amount of machines for balancing mechanical parts exported in MERCOSUR fell dramatically to X units, with a decrease of X% on 2021 figures. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, balancing mechanical parts machine exports reduced notably to $X in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X units), distantly followed by Colombia (X units), Chile (X units), Ecuador (X units) and Peru (X units) were the largest exporters of machines for balancing mechanical parts, together making up X% of total exports. The following exporters - Uruguay (X units) and Venezuela (X units) - each reached a X% share of total exports.

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

In value terms, Brazil ($X) remains the largest balancing mechanical parts machine supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Ecuador, with an X% share.

In Brazil, balancing mechanical parts machine exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, waning by X% against the previous year. In general, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

Imports of Machines For Balancing Mechanical Parts

Imports in MERCOSUR

Balancing mechanical parts machine imports reduced to X units in 2022, which is down by X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, balancing mechanical parts machine imports declined to $X in 2022. In general, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by X%. 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

In 2022, Brazil (X units) was the largest importer of machines for balancing mechanical parts, comprising X% of total imports. Colombia (X units) ranks second in terms of the total imports with a X% share, followed by Argentina (X%), Chile (X%) and Ecuador (X%). The following importers - Peru (X units) and Paraguay (X units) - each recorded a X% share of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Paraguay (X%), Colombia (X%), Chile (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Peru (X%) and Ecuador (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Colombia, Argentina, Chile and Paraguay increased by X, X, X, X and X percentage points, respectively.

In value terms, the largest balancing mechanical parts machine importing markets in MERCOSUR were Brazil ($X), Colombia ($X) and Argentina ($X), with a combined X% share of total imports. Chile, Ecuador, Peru and Paraguay lagged somewhat behind, together comprising a further X%.

Paraguay, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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

In 2022, the import price in MERCOSUR amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, showed a deep contraction. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Colombia ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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