MERCOSUR: Market for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment 2025

Market Size for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in MERCOSUR

The MERCOSUR market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment declined modestly to $X in 2022, reducing by -4.4% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in MERCOSUR

In value terms, production of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment declined slightly to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 60% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Exports in MERCOSUR

After two years of growth, overseas shipments of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment decreased by -74.7% to X tons in 2022. In general, exports saw a deep slump. The growth pace was the most rapid in 2016 when exports increased by 266% against the previous year. The volume of export peaked at X tons in 2021, and then declined rapidly in the following year.

In value terms, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment contracted sharply to $X in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 308%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil prevails in equipment structure, accounting for X tons, which was near 80% of total exports in 2022. It was distantly followed by Guyana (X tons) and Peru (X tons), together achieving an 11% share of total exports. The following exporters - Argentina (X kg), Suriname (X kg), Ecuador (X kg) and Colombia (X kg) - together made up 9.1% of total exports.

Exports from Brazil increased at an average annual rate of +109.7% from 2012 to 2022. At the same time, Guyana (+115.6%), Suriname (+23.9%), Colombia (+12.8%) and Peru (+7.1%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +115.6% from 2012-2022. By contrast, Ecuador (-4.5%) and Argentina (-33.9%) illustrated a downward trend over the same period. Brazil (+80 p.p.), Guyana (+5.5 p.p.), Peru (+4 p.p.) and Suriname (+2.3 p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by -89.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment supplier in MERCOSUR, comprising 47% of total exports. The second position in the ranking was taken by Ecuador ($X), with a 15% share of total exports. It was followed by Argentina, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled +44.7%. In the other countries, the average annual rates were as follows: Ecuador (+19.5% per year) and Argentina (-34.4% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, which is down by -16.3% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2014 when the export price increased by 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+25.1%), while the other leaders experienced more modest paces of growth.

Imports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Imports in MERCOSUR

In 2022, approx. X tons of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment were imported in MERCOSUR; declining by -14% against 2021. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 118%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment reduced to $X in 2022. Over the period under review, imports recorded a drastic downturn. The growth pace was the most rapid in 2018 with an increase of 106%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Peru was the largest importing country with an import of about X tons, which recorded 48% of total imports. It was distantly followed by Suriname (X tons), Chile (X tons), Brazil (X tons) and Ecuador (X tons), together constituting a 46% share of total imports. Colombia (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment imports into Peru stood at +35.8%. At the same time, Suriname (+53.5%) displayed positive paces of growth. Moreover, Suriname emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +53.5% from 2012-2022. By contrast, Chile (-8.5%), Ecuador (-15.9%), Brazil (-23.2%) and Colombia (-29.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Peru, Suriname and Chile increased by +48, +17 and +5.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment importing markets in MERCOSUR were Peru ($X), Brazil ($X) and Chile ($X), together accounting for 82% of total imports. Suriname, Ecuador and Colombia lagged somewhat behind, together comprising a further 14%.

Suriname, with a CAGR of +41.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, rising by 10% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 39% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform