MERCOSUR: Plaster Article Market 2024

Plaster Article Market Size in MERCOSUR

After four years of growth, the MERCOSUR plaster article market decreased by -3.3% to $X in 2021. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Plaster Article Production in MERCOSUR

In value terms, plaster article production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 23% against the previous year. The level of production peaked at $X in 2020, and then declined in the following year.

Plaster Article Exports

Exports in MERCOSUR

In 2021, plaster article exports in MERCOSUR was estimated at X tons, with an increase of 3.8% compared with the previous year. Over the period under review, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2019 with an increase of 85%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, plaster article exports rose modestly to $X in 2021. Overall, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2019 with an increase of 49% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Colombia (X tons) and Argentina (X tons) prevails in exports structure, together making up 86% of total exports. It was distantly followed by Brazil (X tons), mixing up a 7.7% share of total exports. Peru (X tons) and Chile (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +43.5%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest plaster article supplying countries in MERCOSUR were Colombia ($X), Argentina ($X) and Brazil ($X), with a combined 92% share of total exports.

Among the main exporting countries, Brazil, with a CAGR of +18.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, approximately equating the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 29% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Chile ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+7.7%), while the other leaders experienced mixed trends in the export price figures.

Plaster Article Imports

Imports in MERCOSUR

After two years of growth, overseas purchases of articles of plaster or of compositions based on plaster decreased by -5% to X tons in 2021. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 2.7%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, plaster article imports reduced to $X in 2021. Overall, imports recorded a abrupt setback. The smallest decline of -0.9% was in 2020. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Colombia (X tons) and Chile (X tons) represented the main importers of articles of plaster or of compositions based on plaster in 2021, amounting to approx. 39% and 27% of total imports, respectively. Uruguay (X tons) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by Paraguay (5%) and Ecuador (4.8%). The following importers - Brazil (X tons) and Peru (X tons) - each amounted to a 6.2% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Paraguay (with a CAGR of +6.6%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Colombia ($X), Chile ($X) and Uruguay ($X) were the countries with the highest levels of imports in 2021, with a combined 67% share of total imports. These countries were followed by Brazil, Paraguay, Ecuador and Peru, which together accounted for a further 23%.

Paraguay, with a CAGR of +5.5%, recorded the highest rates of growth with regard to 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

In 2021, the import price in MERCOSUR amounted to $X per ton, approximately mirroring the previous year. Overall, the import price, however, showed a mild decline. The pace of growth appeared the most rapid in 2018 an increase of 13%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+9.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform