MERCOSUR: Nails And Tacks Market 2024

Nails And Tacks Market Size in MERCOSUR

In 2022, the MERCOSUR nails and tacks market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Nails And Tacks Production in MERCOSUR

In value terms, nails and tacks production fell modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Nails And Tacks Exports

Exports in MERCOSUR

In 2022, shipments abroad of nails, tacks, drawing pins, corrugated nails, staples decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a mild decline. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, nails and tacks exports declined to $X in 2022. Over the period under review, exports saw a slight downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia was the major exporter of nails, tacks, drawing pins, corrugated nails, staples in MERCOSUR, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. Brazil (X tons) held the second position in the ranking, distantly followed by Chile (X tons). All these countries together held approx. X% share of total exports. Peru (X tons) followed a long way behind the leaders.

Exports from Colombia decreased at an average annual rate of X% from 2012 to 2022. Peru and Brazil experienced a relatively flat trend pattern. Chile (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (X p.p.) and Colombia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) remains the largest nails and tacks supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Chile, with an X% share.

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

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Chile ($X per ton) and Brazil ($X per ton), while Colombia ($X per ton) and Peru ($X per ton) were amongst the lowest.

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

Nails And Tacks Imports

Imports in MERCOSUR

In 2022, supplies from abroad of nails, tacks, drawing pins, corrugated nails, staples increased by X% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, nails and tacks imports surged to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Brazil (X tons), Colombia (X tons), Chile (X tons), Argentina (X tons), Peru (X tons) and Ecuador (X tons) represented the main importer of nails, tacks, drawing pins, corrugated nails, staples in MERCOSUR, achieving X% of total import. Paraguay (X tons) held a relatively small share of total imports.

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

In value terms, Brazil ($X), Chile ($X) and Peru ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Argentina, Colombia, Ecuador and Paraguay lagged somewhat behind, together accounting for a further X%.

Argentina, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 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 Paraguay ($X per ton), while Colombia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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