MERCOSUR: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in MERCOSUR

The MERCOSUR special vehicle body market rose modestly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Special Vehicle Body Production in MERCOSUR

In value terms, special vehicle body production declined notably to $X in 2022 estimated in export price. Overall, production saw a deep downturn. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Special Vehicle Body Exports

Exports in MERCOSUR

In 2022, approx. X units of bodies for special purpose motor vehicles were exported in MERCOSUR; increasing by X% against the previous year. Over the period under review, exports posted a temperate increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, special vehicle body exports soared to $X in 2022. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Chile (X units) and Brazil (X units) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%).

In value terms, Brazil ($X) remains the largest special vehicle body supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price, however, continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. The level of export peaked at $X per unit in 2014; however, from 2015 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 Brazil ($X per unit), while Chile amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Special Vehicle Body Imports

Imports in MERCOSUR

In 2022, the amount of bodies for special purpose motor vehicles imported in MERCOSUR soared to X units, with an increase of X% compared with 2021. Total imports indicated moderate growth from 2012 to 2022: its volume 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 growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, special vehicle body imports surged to $X in 2022. Overall, imports recorded tangible growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Brazil (X units) and Argentina (X units) represented the largest importers of bodies for special purpose motor vehicles in 2022, reaching near X% and X% of total imports, respectively. Uruguay (X units) held the next position in the ranking, followed by Chile (X units) and Peru (X units). All these countries together took approx. X% share of total imports. Colombia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Argentina (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest special vehicle body importing markets in MERCOSUR were Argentina ($X), Brazil ($X) and Uruguay ($X), together comprising X% of total imports.

In terms of the main importing countries, Uruguay, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, surging by X% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price 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, special vehicle body import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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

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

Source: IndexBox Platform