MERCOSUR: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in MERCOSUR

The MERCOSUR market for ready-mixed concrete and factory made mortars rose sharply to $X in 2023, picking up by X% against the previous year. The total consumption indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Ready-Mixed Concrete And Factory Made Mortars in MERCOSUR

In value terms, production of ready-mixed concrete and factory made mortars rose significantly to $X in 2023 estimated in export price. The total production indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production of growth remained at a somewhat lower figure.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports in MERCOSUR

In 2023, after two years of growth, there was significant decline in overseas shipments of ready-mixed concrete and factory made mortars, when their volume decreased by X% to X tons. Over the period under review, exports showed a pronounced reduction. The growth pace was the most rapid in 2022 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of ready-mixed concrete and factory made mortars reduced dramatically to $X in 2023. In general, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2022 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) and Brazil (X tons) dominates mortars structure, together achieving X% of total exports. It was distantly followed by Colombia (X tons), constituting a X% share of total exports. The following exporters - Chile (X tons) and Peru (X tons) - each reached a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Brazil (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest ready-mixed concrete and factory made mortar supplying countries in MERCOSUR were Argentina ($X), Brazil ($X) and Colombia ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports in MERCOSUR

In 2023, supplies from abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports showed a pronounced decrease. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of ready-mixed concrete and factory made mortars dropped rapidly to $X in 2023. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Uruguay (X tons), Paraguay (X tons) and Chile (X tons) was the key importer of ready-mixed concrete and factory made mortars in MERCOSUR, generating X% of total import. Peru (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (X%). The following importers - Argentina (X tons) and Colombia (X tons) - each finished at an X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ready-mixed concrete and factory made mortar importing markets in MERCOSUR were Chile ($X), Peru ($X) and Uruguay ($X), with a combined X% share of total imports.

Among the main importing countries, Chile, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per ton, with a decrease of X% against the previous year. Import price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for ready-mixed concrete and factory made mortars increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2023, the 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 Argentina ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform