MERCOSUR: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in MERCOSUR

The MERCOSUR harvesting machinery market stood at $X in 2022, picking up by X% against the previous year. Overall, consumption, however, showed a slight descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Harvesting Machinery Production in MERCOSUR

In value terms, harvesting machinery production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Harvesting Machinery Exports

Exports in MERCOSUR

In 2022, shipments abroad of root or tuber harvesting machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, harvesting machinery exports contracted to $X in 2022. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Brazil (X units) represented the largest exporter of root or tuber harvesting machines, constituting X% of total exports. Chile (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Peru (X%).

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

In value terms, the largest harvesting machinery supplying countries in MERCOSUR were Brazil ($X), Chile ($X) and Peru ($X).

Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price posted a pronounced expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per unit), while Peru ($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 mixed trends in the export price figures.

Harvesting Machinery Imports

Imports in MERCOSUR

After two years of growth, purchases abroad of root or tuber harvesting machines decreased by X% to X units in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, harvesting machinery imports dropped rapidly to $X in 2022. Total imports indicated a slight 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, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Chile (X units) and Argentina (X units) represented the main importers of root or tuber harvesting machines in MERCOSUR, together comprising X% of total imports. It was distantly followed by Brazil (X units), creating an X% share of total imports. Colombia (X units), Ecuador (X units), Paraguay (X units) and Peru (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Argentina (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest harvesting machinery importing markets in MERCOSUR were Argentina ($X), Chile ($X) and Brazil ($X), together comprising X% of total imports. Paraguay, Ecuador, Colombia and Peru lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Paraguay, with a CAGR of X%, saw 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, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :