MERCOSUR: Metal Castor Mounting Market 2025

Metal Castor Mounting Market Size in MERCOSUR

The MERCOSUR metal castor mounting market rose modestly to $X in 2022, surging by 3.5% against the previous year. In general, consumption recorded a mild curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Metal Castor Mounting Production in MERCOSUR

In value terms, metal castor mounting production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 49%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Metal Castor Mounting Exports

Exports in MERCOSUR

In 2022, after six years of growth, there was significant decline in overseas shipments of castors with mountings of base metal, when their volume decreased by -8.7% to X tons. Over the period under review, exports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, metal castor mounting exports reduced to $X in 2022. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. As a result, the exports reached the peak of $X, and then dropped modestly in the following year.

Exports by Country

Brazil (X tons) and Chile (X tons) represented roughly 83% of total exports in 2022. Colombia (X tons) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (5.2%).

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +7.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest metal castor mounting supplier in MERCOSUR, comprising 57% of total exports. The second position in the ranking was taken by Chile ($X), with a 25% share of total exports. It was followed by Colombia, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled +8.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+1.4% per year) and Colombia (+11.4% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, surging by 6.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 22%. The level of export peaked at $X per ton in 2013; however, from 2014 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 ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.9%), while the other leaders experienced mixed trends in the export price figures.

Metal Castor Mounting Imports

Imports in MERCOSUR

In 2022, approx. X tons of castors with mountings of base metal were imported in MERCOSUR; which is down by -18.1% on the year before. Total imports indicated notable growth 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 +22.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of X tons, and then contracted notably in the following year.

In value terms, metal castor mounting imports declined to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% 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 +38.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

The countries with the highest levels of metal castor mounting imports in 2022 were Brazil (X tons), Peru (X tons), Colombia (X tons), Argentina (X tons) and Chile (X tons), together reaching 91% of total import. It was distantly followed by Ecuador (X tons), mixing up a 5% share of total imports. Paraguay (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +9.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and Peru ($X) were the countries with the highest levels of imports in 2022, together comprising 68% of total imports.

In terms of the main importing countries, Argentina, with a CAGR of +12.3%, recorded 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

In 2022, the import price in MERCOSUR amounted to $X per ton, surging by 4.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 8% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform