MERCOSUR: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in MERCOSUR

The MERCOSUR appliance part brush market fell to $X in 2022, waning by -2.2% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +36.6% against 2020 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Appliance Part Brush Production in MERCOSUR

In value terms, appliance part brush production totaled $X in 2022 estimated in export price. Overall, production, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 66% against the previous year. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Appliance Part Brush Exports

Exports in MERCOSUR

After two years of decline, shipments abroad of brushes constituting parts of appliances increased by 4.4% to X units in 2022. Overall, exports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 19% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, appliance part brush exports surged to $X in 2022. In general, exports, however, showed a abrupt decrease. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil represented the main exporting country with an export of around X units, which resulted at 69% of total exports. Chile (X units) took a 20% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (7.9%). Colombia (X units) held a minor share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of brushes constituting parts of appliances. At the same time, Colombia (+1.6%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +1.6% from 2012-2022. By contrast, Argentina (-12.6%) and Chile (-13.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by +32 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest appliance part brush supplier in MERCOSUR, comprising 70% of total exports. The second position in the ranking was taken by Chile ($X), with a 21% share of total exports. It was followed by Argentina, with a 6.4% share.

In Brazil, appliance part brush exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-12.4% per year) and Argentina (-12.5% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, increasing by 10% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 11%. As a result, the export price attained the peak level of $X per unit; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+2.7%), while the other leaders experienced more modest paces of growth.

Appliance Part Brush Imports

Imports in MERCOSUR

After two years of growth, purchases abroad of brushes constituting parts of appliances decreased by -2.7% to X units in 2022. Total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% 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 +33.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports attained the peak of X units, and then fell slightly in the following year.

In value terms, appliance part brush imports declined to $X in 2022. The total import value increased at an average annual rate of +2.8% 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 47%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Brazil (X units) represented the largest importer of brushes constituting parts of appliances, constituting 40% of total imports. Argentina (X units) took an 18% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (11%), Peru (10%), Chile (7%) and Ecuador (6.6%). Paraguay (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to appliance part brush imports into Brazil stood at +7.0%. At the same time, Paraguay (+11.8%), Argentina (+10.9%), Peru (+5.2%), Chile (+5.1%), Ecuador (+1.9%) and Colombia (+1.2%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +11.8% from 2012-2022. Brazil (+8.7 p.p.) and Argentina (+8 p.p.) significantly strengthened its position in terms of the total imports, while Ecuador and Colombia saw its share reduced by -1.8% and -4.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported brushes constituting parts of appliances in MERCOSUR, comprising 40% of total imports. The second position in the ranking was taken by Argentina ($X), with an 18% share of total imports. It was followed by Chile, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at +4.9%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+8.0% per year) and Chile (+5.8% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, increasing by 2.3% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2014 when the import price increased by 5.9%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per unit), while Ecuador ($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 (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform