MERCOSUR: Mower Market 2024

Mower Market Size in MERCOSUR

In 2022, the MERCOSUR mower market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a perceptible decline. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Mower Production in MERCOSUR

In value terms, mower production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Mower Exports

Exports in MERCOSUR

In 2022, after two years of growth, there was significant decline in overseas shipments of mowers, when their volume decreased by X% to X units. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, mower exports fell to $X in 2022. Overall, exports saw a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Brazil (X units) was the key exporter of mowers, constituting X% of total exports. Argentina (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Chile (X%).

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Chile (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile increased by X percentage points.

In value terms, Brazil ($X) remains the largest mower supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (X% per year) and Chile (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Mower Imports

Imports in MERCOSUR

In 2022, overseas purchases of mowers increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, mower imports soared to $X in 2022. Overall, imports, however, showed a mild downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X units), distantly followed by Chile (X units), Uruguay (X units), Argentina (X units), Paraguay (X units), Ecuador (X units) and Peru (X units) were the key importers of mowers, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Peru (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mower importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Argentina ($X), together accounting for X% of total imports. Uruguay, Paraguay, Peru and Ecuador lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Peru, 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, with an increase of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached 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 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 Argentina (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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