MERCOSUR: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2024

Market Size for Table, Kitchen Or Household Articles And Parts Of Stainless Steel in MERCOSUR

The MERCOSUR stainless steel household articles market contracted slightly to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Table, Kitchen Or Household Articles And Parts Of Stainless Steel in MERCOSUR

In value terms, stainless steel household articles production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Exports in MERCOSUR

For the seventh consecutive year, MERCOSUR recorded growth in overseas shipments of table, kitchen or household articles and parts of stainless steel, which increased by X% to X units in 2022. Overall, exports recorded resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, stainless steel household articles exports skyrocketed to $X in 2022. Over the period under review, exports recorded prominent growth. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Brazil was the key exporting country with an export of around X units, which reached X% of total exports. Peru (X units) ranks second in terms of the total exports with an X% share, followed by Chile (X%).

Brazil was also the fastest-growing in terms of the table, kitchen or household articles and parts of stainless steel exports, with a CAGR of X% from 2012 to 2022. At the same time, Chile (X%) and Peru (X%) displayed positive paces of growth. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (X p.p.) and Peru (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest stainless steel household articles supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

Imports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Imports in MERCOSUR

Stainless steel household articles imports contracted remarkably to X units in 2022, waning by X% on 2021. Total imports indicated a pronounced increase 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then shrank notably in the following year.

In value terms, stainless steel household articles imports contracted to $X in 2022. Total imports indicated a moderate 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Brazil (X units), Chile (X units) and Peru (X units) represented the key importer of table, kitchen or household articles and parts of stainless steel in MERCOSUR, making up X% of total import. Colombia (X units) took the next position in the ranking, followed by Argentina (X units) and Paraguay (X units). All these countries together held approx. X% share of total imports. Ecuador (X units) took a relatively small 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 Peru (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel household articles importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Peru ($X), with a combined X% share of total imports. Colombia, Argentina, Ecuador and Paraguay lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Argentina, 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, rising by X% against the previous year. Overall, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

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 Argentina ($X per unit), while Paraguay ($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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