MERCOSUR: Blow-Moulding Machine Market 2024

Blow-Moulding Machine Market Size in MERCOSUR

The MERCOSUR blow-moulding machine market declined to $X in 2022, waning by -7.1% against the previous year. In general, consumption recorded a pronounced descent. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Blow-Moulding Machine Production in MERCOSUR

In value terms, blow-moulding machine production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Blow-Moulding Machine Exports

Exports in MERCOSUR

In 2022, the amount of blow-moulding machines for working rubber or plastics exported in MERCOSUR skyrocketed to X units, increasing by 27% against the year before. Overall, exports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of 67%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, blow-moulding machine exports reduced remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 74%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Chile represented the major exporter of blow-moulding machines for working rubber or plastics in MERCOSUR, with the volume of exports finishing at X units, which was near 45% of total exports in 2022. Brazil (X units) ranks second in terms of the total exports with a 24% share, followed by Colombia (13%) and Argentina (9.9%). The following exporters - Ecuador (X units), Paraguay (X units) and Peru (X units) - each recorded an 8.5% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Chile (with a CAGR of +26.7%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest blow-moulding machine supplier in MERCOSUR, comprising 52% of total exports. The second position in the ranking was held by Ecuador ($X), with a 12% share of total exports. It was followed by Argentina, with an 11% share.

In Brazil, blow-moulding machine exports plunged by an average annual rate of -9.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Ecuador (+4.9% per year) and Argentina (-5.2% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, reducing by -49.4% against the previous year. In general, the export price recorded a slight reduction. The growth pace was the most rapid in 2015 an increase of 140% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+24.3%), while the other leaders experienced more modest paces of growth.

Blow-Moulding Machine Imports

Imports in MERCOSUR

In 2022, supplies from abroad of blow-moulding machines for working rubber or plastics decreased by -0.4% to X units for the first time since 2019, thus ending a two-year rising trend. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% 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 +64.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 45%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, blow-moulding machine imports fell to $X in 2022. In general, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 46%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the six major importers of blow-moulding machines for working rubber or plastics, namely Peru, Suriname, Colombia, Brazil, Argentina and Chile, represented more than two-thirds of total import. It was distantly followed by Ecuador (X units), achieving a 5.3% share of total imports. Venezuela (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Suriname (with a CAGR of +29.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Colombia ($X) and Argentina ($X) were the countries with the highest levels of imports in 2022, together comprising 64% of total imports. Peru, Chile, Ecuador, Venezuela and Suriname lagged somewhat behind, together accounting for a further 34%.

Suriname, with a CAGR of +26.3%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, falling by -13.4% against the previous year. Overall, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by 28%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per unit), while Suriname ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform