MERCOSUR: Adhesive Dressings Market 2024

Adhesive Dressings Market Size in MERCOSUR

The MERCOSUR adhesive dressings market rose to $X in 2021, with an increase of 1.8% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the market value increased by 8.1% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Adhesive Dressings Production in MERCOSUR

In value terms, adhesive dressings production stood at $X in 2021 estimated in export price. Overall, production saw a slight contraction. The growth pace was the most rapid in 2017 with an increase of 7.2%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Adhesive Dressings Exports

Exports in MERCOSUR

In 2021, overseas shipments of adhesive dressings or similar articles increased by 17% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, recorded a relatively flat trend pattern. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, adhesive dressings exports stood at $X in 2021. In general, exports, however, continue to indicate a slight setback. The most prominent rate of growth was recorded in 2013 when exports increased by 21%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Brazil was the major exporter of adhesive dressings or similar articles in MERCOSUR, with the volume of exports finishing at X tons, which was approx. 67% of total exports in 2021. It was distantly followed by Colombia (X tons), mixing up a 30% share of total exports. Argentina (X tons) held a little share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of adhesive dressings or similar articles. Colombia and Argentina experienced a relatively flat trend pattern. While the share of Colombia (+2.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Brazil (-2.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest adhesive dressings supplier in MERCOSUR, comprising 74% of total exports. The second position in the ranking was taken by Colombia ($X), with a 23% share of total exports.

In Brazil, adhesive dressings exports plunged by an average annual rate of -2.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Colombia (+1.1% per year) and Argentina (+1.2% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, which is down by -10.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 15% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+2.1%), while the other leaders experienced mixed trends in the export price figures.

Adhesive Dressings Imports

Imports in MERCOSUR

Adhesive dressings imports skyrocketed to X tons in 2021, rising by 39% on 2020 figures. The total import volume increased at an average annual rate of +5.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, adhesive dressings imports soared to $X in 2021. The total import value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Chile (X tons) and Brazil (X tons) represented the key importers of adhesive dressings or similar articles in 2021, accounting for approx. 31% and 25% of total imports, respectively. Colombia (X tons) took the next position in the ranking, followed by Argentina (X tons), Peru (X tons) and Ecuador (X tons). All these countries together held near 38% share of total imports. Uruguay (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Colombia (with a CAGR of +19.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest adhesive dressings importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Colombia ($X), together comprising 73% of total imports.

Colombia, with a CAGR of +13.5%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, dropping by -7.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 11%. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform