MERCOSUR: Tools For Bearing Market 2025

Tools For Bearing Exports

Exports in MERCOSUR

In 2022, shipments abroad of balls, needles and rollers for ball or roller bearings was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, continue to indicate a perceptible decline. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, tools for bearing exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2018 with an increase of 53%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil represented the key exporting country with an export of about X tons, which accounted for 85% of total exports. It was distantly followed by Chile (X tons), mixing up an 11% share of total exports. Colombia (X tons) took a minor share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of balls, needles and rollers for ball or roller bearings. At the same time, Colombia (+5.8%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +5.8% from 2012-2022. By contrast, Chile (-2.3%) illustrated a downward trend over the same period. Brazil (+12 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest tools for bearing supplier in MERCOSUR, comprising 87% of total exports. The second position in the ranking was taken by Chile ($X), with an 8.7% share of total exports.

In Brazil, tools for bearing exports plunged by an average annual rate of -2.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-2.9% per year) and Colombia (-0.6% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, shrinking by -20.8% against the previous year. Overall, the export price showed a noticeable downturn. The growth pace was the most rapid in 2018 when the export price increased by 21%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Chile (-0.6%), while the other leaders experienced a decline in the export price figures.

Tools For Bearing Imports

Imports in MERCOSUR

In 2022, the amount of balls, needles and rollers for ball or roller bearings imported in MERCOSUR fell to X tons, shrinking by -7.4% on the year before. The total import volume increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, tools for bearing imports fell to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Brazil was the main importer of balls, needles and rollers for ball or roller bearings in MERCOSUR, with the volume of imports amounting to X tons, which was near 78% of total imports in 2022. It was distantly followed by Argentina (X tons), comprising a 13% share of total imports. The following importers - Chile (X tons) and Colombia (X tons) - each reached a 5.9% share of total imports.

Imports into Brazil increased at an average annual rate of +1.5% from 2012 to 2022. At the same time, Chile (+9.8%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +9.8% from 2012-2022. Argentina experienced a relatively flat trend pattern. By contrast, Colombia (-1.5%) illustrated a downward trend over the same period. Brazil (+3.1 p.p.) and Chile (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Argentina saw its share reduced by -2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported balls, needles and rollers for ball or roller bearings in MERCOSUR, comprising 79% of total imports. The second position in the ranking was held by Argentina ($X), with a 10% share of total imports. It was followed by Chile, with a 3.7% share.

In Brazil, tools for bearing imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (-2.4% per year) and Chile (+5.5% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, picking up by 4.5% against the previous year. Overall, the import price, however, showed a mild shrinkage. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Chile ($X per ton) and Brazil ($X per ton), while Argentina ($X per ton) and Colombia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform