MERCOSUR: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in MERCOSUR

The MERCOSUR non-reinforced rubber tubing market dropped to $X in 2023, waning by X% against the previous year. In general, consumption, however, continues to indicate a noticeable setback. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Non-Reinforced Rubber Tubing Production in MERCOSUR

In value terms, non-reinforced rubber tubing production declined modestly to $X in 2023 estimated in export price. In general, production continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Non-Reinforced Rubber Tubing Exports

Exports in MERCOSUR

After three years of growth, shipments abroad of rubber tubing not reinforced decreased by X% to X tons in 2023. In general, exports saw a pronounced setback. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, non-reinforced rubber tubing exports fell dramatically to $X in 2023. Overall, exports showed a perceptible reduction. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Brazil was the major exporter of rubber tubing not reinforced in MERCOSUR, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. Argentina (X tons) ranks second in terms of the total exports with a X% share, followed by Chile (X%). The following exporters - Peru (X tons) and Colombia (X tons) - each recorded a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to non-reinforced rubber tubing exports from Brazil stood at X%. At the same time, Peru (X%) and Chile (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Colombia (X%) and Argentina (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.) and Peru (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest non-reinforced rubber tubing supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with an X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Chile (X% per year).

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, saw a slight contraction. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Brazil ($X per ton) and Chile ($X per ton), while Peru ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2023, 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.

Non-Reinforced Rubber Tubing Imports

Imports in MERCOSUR

In 2023, non-reinforced rubber tubing imports in MERCOSUR totaled X tons, increasing by X% compared with 2022 figures. Overall, imports, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, non-reinforced rubber tubing imports contracted modestly to $X in 2023. Over the period under review, imports, however, showed a perceptible shrinkage. 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 at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Brazil (X tons), distantly followed by Argentina (X tons), Suriname (X tons), Peru (X tons), Colombia (X tons), Chile (X tons) and Ecuador (X tons) were the major importers of rubber tubing not reinforced, together mixing up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Peru (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported rubber tubing not reinforced in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Peru, with an X% share.

In Brazil, non-reinforced rubber tubing imports decreased by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Peru (X% per year).

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per ton, reducing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Brazil ($X per ton), while Suriname ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform