MERCOSUR: Working Wire Machine Market 2024

Working Wire Machine Market Size in MERCOSUR

In 2022, the MERCOSUR working wire machine market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, saw a deep contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Working Wire Machine Production in MERCOSUR

In value terms, working wire machine production soared to $X in 2022 estimated in export price. Overall, production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Working Wire Machine Exports

Exports in MERCOSUR

For the third year in a row, MERCOSUR recorded growth in shipments abroad of machines for working wire, which increased by X% to X units in 2022. Overall, exports, however, showed a mild decrease. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, working wire machine exports rose slightly to $X in 2022. In general, exports posted a mild increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil was the largest exporting country with an export of around X units, which accounted for X% of total exports. Chile (X units) ranks second in terms of the total exports with a X% share, followed by Peru (X%). The following exporters - Argentina (X units), Colombia (X units) and Ecuador (X units) - each recorded an X% share of total exports.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Ecuador (X%), Chile (X%) and Peru (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Argentina and Colombia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Chile, Ecuador and Peru increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, falling by X% against the previous year. Overall, the export price, however, recorded measured growth. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then reduced remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while Argentina ($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 more modest paces of growth.

Working Wire Machine Imports

Imports in MERCOSUR

In 2022, working wire machine imports in MERCOSUR skyrocketed to X units, with an increase of X% against the year before. In general, imports, however, recorded a deep setback. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, working wire machine imports rose sharply to $X in 2022. Overall, imports, however, saw a perceptible decline. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Brazil was the largest importer of machines for working wire in MERCOSUR, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Peru (X units) took the second position in the ranking, followed by Colombia (X units), Chile (X units) and Argentina (X units). All these countries together held near X% share of total imports. Ecuador (X units) and Venezuela (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to working wire machine imports into Brazil stood at X%. At the same time, Ecuador (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Colombia and Chile experienced a relatively flat trend pattern. By contrast, Argentina (X%), Peru (X%) and Venezuela (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Colombia, Chile and Ecuador increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, shrinking by X% against the previous year. Import price indicated a perceptible expansion from 2012 to 2022: its price 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, working wire machine import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, 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 Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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