MERCOSUR: Pressure-Reducing Iron Valve Market 2024

Pressure-Reducing Iron Valve Market Size in MERCOSUR

The MERCOSUR pressure-reducing iron valve market expanded slightly to $X in 2022, picking up by X% against the previous year. The market 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 level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Pressure-Reducing Iron Valve Production in MERCOSUR

In value terms, pressure-reducing iron valve production rose remarkably to $X in 2022 estimated in export price. The total production indicated a tangible expansion 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Pressure-Reducing Iron Valve Exports

Exports in MERCOSUR

In 2022, overseas shipments of pressure-reducing, control, check and safety valves increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, recorded a deep slump. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, pressure-reducing iron valve exports surged to $X in 2022. Over the period under review, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Brazil (X units), Argentina (X units) and Colombia (X units), together finishing at X% of total export. It was distantly followed by Chile (X units), committing a X% share of total exports. Peru (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Brazil ($X) remains the largest pressure-reducing iron valve supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Brazil, pressure-reducing iron valve exports decreased by 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, falling by X% against the previous year. In general, the export price recorded a mild curtailment. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 ($X per unit), while Peru ($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 a decline in the export price figures.

Pressure-Reducing Iron Valve Imports

Imports in MERCOSUR

In 2022, the amount of pressure-reducing, control, check and safety valves imported in MERCOSUR reduced modestly to X units, shrinking by X% on the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pressure-reducing iron valve imports expanded to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units) was the key importer of pressure-reducing, control, check and safety valves, committing X% of total imports. Peru (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%), Colombia (X%) and Argentina (X%). Ecuador (X units) held a little share of total imports.

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

In value terms, Brazil ($X) constitutes the largest market for imported pressure-reducing, control, check and safety valves in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Peru ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Peru (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, rising by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 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 Brazil ($X per unit), while Chile ($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 more modest paces of growth.

Source: IndexBox Platform

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