MERCOSUR: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in MERCOSUR

In 2022, the MERCOSUR coated arc-welding electrode market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption saw a pronounced contraction. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Coated Arc-Welding Electrode Production in MERCOSUR

In value terms, coated arc-welding electrode production shrank modestly to $X in 2022 estimated in export price. Overall, production saw a abrupt downturn. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Coated Arc-Welding Electrode Exports

Exports in MERCOSUR

In 2022, exports of coated base metal electrodes for electric arc-welding in MERCOSUR dropped sharply to X tons, waning by X% compared with 2021. In general, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode exports declined to $X in 2022. Over the period under review, exports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the four major exporters of coated base metal electrodes for electric arc-welding, namely Brazil, Colombia, Peru and Chile, represented more than two-thirds of total export. The following exporters - Paraguay (X tons) and Argentina (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Colombia ($X) and Peru ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Chile, Paraguay and Argentina lagged somewhat behind, together comprising a further X%.

Paraguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Coated Arc-Welding Electrode Imports

Imports in MERCOSUR

In 2022, after three years of growth, there was significant decline in purchases abroad of coated base metal electrodes for electric arc-welding, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, coated arc-welding electrode imports totaled $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons), Peru (X tons), Ecuador (X tons), Argentina (X tons), Venezuela (X tons) and Chile (X tons) represented roughly X% of total imports in 2022. Colombia (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Brazil ($X) and Ecuador ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Peru, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, jumping by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Colombia ($X per ton), while Venezuela ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform