MERCOSUR: Market for Numerically Controlled Knee-Type Milling Machines For Working Metal 2024

Market Size for Numerically Controlled Knee-Type Milling Machines For Working Metal in MERCOSUR

In 2022, the MERCOSUR market for numerically controlled knee-type milling machines for working metal increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption recorded a pronounced descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Numerically Controlled Knee-Type Milling Machines For Working Metal in MERCOSUR

In value terms, numerically controlled knee-type milling machine production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Exports in MERCOSUR

In 2022, approx. X units of numerically controlled knee-type milling machines for working metal were exported in MERCOSUR; jumping by X% on the year before. Overall, exports saw buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, numerically controlled knee-type milling machine exports contracted dramatically to $X in 2022. Over the period under review, exports, however, showed a mild downturn. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Chile (X units) was the largest exporter of numerically controlled knee-type milling machines for working metal, achieving X% of total exports. It was distantly followed by Brazil (X units), generating a X% share of total exports.

Chile was also the fastest-growing in terms of the numerically controlled knee-type milling machines for working metal exports, with a CAGR of X% from 2012 to 2022. Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by X percentage points.

In value terms, Brazil ($X) and Chile ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, Chile, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices failed to regain momentum.

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 Chile totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%).

Imports of Numerically Controlled Knee-Type Milling Machines For Working Metal

Imports in MERCOSUR

In 2022, purchases abroad of numerically controlled knee-type milling machines for working metal increased by X% to X units, rising for the third consecutive year after four years of decline. Overall, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, numerically controlled knee-type milling machine imports surged to $X in 2022. In general, imports, however, showed a deep setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Brazil represented the main importer of numerically controlled knee-type milling machines for working metal in MERCOSUR, with the volume of imports accounting for X units, which was approx. X% of total imports in 2022. Chile (X units) took the second position in the ranking, distantly followed by Argentina (X units), Ecuador (X units) and Guyana (X units). All these countries together held near X% share of total imports. The following importers - Colombia (X units) and Peru (X units) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to numerically controlled knee-type milling machine imports into Brazil stood at X%. At the same time, Guyana (X%), Ecuador (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%), Peru (X%) and Chile (X%) illustrated a downward trend over the same period. While the share of Argentina (X p.p.), Ecuador (X p.p.) and Guyana (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (X p.p.) and Chile (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X), Brazil ($X) and Ecuador ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Guyana, Colombia, Chile and Peru lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Guyana, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in MERCOSUR amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, 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 Argentina ($X per unit), while Chile ($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

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