MERCOSUR: Fuel Filter Market 2024

Fuel Filter Market Size in MERCOSUR

The MERCOSUR fuel filter market rose slightly to $X in 2022, with an increase of X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fuel Filter Production in MERCOSUR

In value terms, fuel filter production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Fuel Filter Exports

Exports in MERCOSUR

In 2022, shipments abroad of oil or petrol-filters for internal combustion engines increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports saw a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, fuel filter exports surged to $X in 2022. Total exports indicated a temperate 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, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil dominates exports structure, amounting to X units, which was near X% of total exports in 2022. Colombia (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (X%).

Brazil was also the fastest-growing in terms of the oil or petrol-filters for internal combustion engines exports, with a CAGR of X% from 2012 to 2022. At the same time, Colombia (X%) displayed positive paces of growth. By contrast, Argentina (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 ($X) remains the largest fuel filter supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with an X% share of total exports.

In Brazil, fuel filter exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 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 Argentina ($X per unit), while Colombia ($X per unit) was 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.

Fuel Filter Imports

Imports in MERCOSUR

In 2022, approx. X units of oil or petrol-filters for internal combustion engines were imported in MERCOSUR; growing by X% compared with 2021. Total imports indicated a prominent 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 pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, fuel filter imports rose significantly to $X in 2022. The total import value 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 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

Brazil was the key importing country with an import of about X units, which reached X% of total imports. It was distantly followed by Argentina (X units), Chile (X units), Colombia (X units), Ecuador (X units) and Peru (X units), together committing a X% share of total imports. Uruguay (X units) held a minor share of total imports.

Brazil was also the fastest-growing in terms of the oil or petrol-filters for internal combustion engines imports, with a CAGR of X% from 2012 to 2022. At the same time, Ecuador (X%), Chile (X%), Uruguay (X%), Peru (X%), Argentina (X%) and Colombia (X%) displayed positive paces of growth. While the share of Brazil (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Argentina (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, Brazil ($X) constitutes the largest market for imported oil or petrol-filters for internal combustion engines in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with an X% share of total imports. It was followed by Argentina, with a X% share.

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

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price, however, showed a perceptible decline. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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