MERCOSUR: Prepared Baking Powder Market 2024

Prepared Baking Powder Market Size in MERCOSUR

The MERCOSUR prepared baking powder market contracted slightly to $X in 2022, remaining stable against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Prepared Baking Powder Production in MERCOSUR

In value terms, prepared baking powder production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Prepared Baking Powder Exports

Exports in MERCOSUR

In 2022, the amount of prepared baking powders exported in MERCOSUR surged to X tons, picking up by X% compared with 2021 figures. In general, exports recorded a temperate increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, prepared baking powder exports soared to $X in 2022. Overall, exports continue to indicate a noticeable expansion. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina was the major exporter of prepared baking powders in MERCOSUR, with the volume of exports recording X tons, which was near X% of total exports in 2022. Paraguay (X tons) ranks second in terms of the total exports with a X% share, followed by Peru (X%), Brazil (X%), Colombia (X%) and Ecuador (X%).

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

In value terms, the largest prepared baking powder supplying countries in MERCOSUR were Argentina ($X), Ecuador ($X) and Peru ($X), together comprising X% of total exports. Brazil, Paraguay and Colombia lagged somewhat behind, together accounting for a further X%.

Paraguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a slight descent. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 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 Ecuador ($X per ton), while Paraguay ($X per ton) 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 export price figures.

Prepared Baking Powder Imports

Imports in MERCOSUR

In 2022, the amount of prepared baking powders imported in MERCOSUR skyrocketed to X tons, growing by X% against 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 throughout the analyzed period. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, prepared baking powder imports soared to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Uruguay (X tons), Colombia (X tons), Brazil (X tons), Chile (X tons), Ecuador (X tons) and Peru (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Venezuela (X tons), mixing up a X% share of total imports. Suriname (X tons) took a minor share 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 Uruguay (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared baking powder importing markets in MERCOSUR were Peru ($X), Chile ($X) and Colombia ($X), together comprising X% of total imports. Ecuador, Uruguay, Brazil, Suriname and Venezuela lagged somewhat behind, together comprising a further X%.

Uruguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

In 2022, the import price in MERCOSUR amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a mild decrease. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Peru ($X per ton), while Uruguay ($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 more modest paces of growth.

Source: IndexBox Platform