MERCOSUR: Radio Receiver Market 2024

Radio Receiver Market Size in MERCOSUR

The MERCOSUR radio receiver market shrank modestly to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a mild setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Radio Receiver Production in MERCOSUR

In value terms, radio receiver production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep setback. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Radio Receiver Exports

Exports in MERCOSUR

In 2022, approx. X units of radio receivers were exported in MERCOSUR; jumping by X% compared with the previous year's figure. In general, exports, however, continue to indicate a deep setback. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, radio receiver exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil represented the main exporter of radio receivers in MERCOSUR, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Chile (X units) and Argentina (X units), together making up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Brazil (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Brazil ($X) remains the largest radio receiver supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Argentina (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, recorded a slight shrinkage. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Brazil (X%), while the other leaders experienced a decline in the export price figures.

Radio Receiver Imports

Imports in MERCOSUR

In 2022, overseas purchases of radio receivers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Total imports indicated mild growth 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 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2021, and then fell significantly in the following year.

In value terms, radio receiver imports stood at $X in 2022. Overall, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Brazil was the main importing country with an import of about X units, which reached X% of total imports. Peru (X units) ranks second in terms of the total imports with an X% share, followed by Argentina (X%), Chile (X%) and Colombia (X%).

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Peru (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%) and Colombia (X%) illustrated a downward trend over the same period. While the share of Peru (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Chile (X p.p.), Colombia (X p.p.) and Brazil (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) constitutes the largest market for imported radio receivers in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

In Brazil, radio receiver imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, showed a deep slump. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Colombia ($X per unit), while Peru ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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