MERCOSUR: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2025

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in MERCOSUR

The MERCOSUR market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips expanded rapidly to $X in 2021, picking up by 8.6% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in MERCOSUR

In value terms, production of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips declined to $X in 2021 estimated in export price. Overall, production showed a deep reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 20%. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports in MERCOSUR

In 2021, shipments abroad of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips increased by 9.7% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 42% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2021. In general, exports, however, showed a dramatic decline. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil represented the main exporter of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips in MERCOSUR, with the volume of exports reaching X tons, which was approx. 52% of total exports in 2021. Argentina (X tons) held the second position in the ranking, distantly followed by Colombia (X tons). All these countries together held approx. 45% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Colombia (with a CAGR of +27.9%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Brazil ($X) remains the largest unmounted tool inserts, sticks or plates supplier in MERCOSUR, comprising 70% of total exports. The second position in the ranking was held by Argentina ($X), with a 24% share of total exports.

In Brazil, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips contracted by an average annual rate of -25.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (-7.4% per year) and Colombia (+23.5% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, growing by 17% against the previous year. Overall, the export price, however, recorded a pronounced decrease. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+1.4%), while the other leaders experienced a decline in the export price figures.

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports in MERCOSUR

In 2021, approx. X tons of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips were imported in MERCOSUR; rising by 50% on the previous year. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips surged to $X in 2021. Over the period under review, imports, however, recorded a slight decline. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Brazil dominates tips structure, amounting to X tons, which was approx. 71% of total imports in 2021. Chile (X tons) ranks second in terms of the total imports with a 7.1% share, followed by Colombia (6.6%) and Argentina (5.7%). The following importers - Peru (X tons), Ecuador (X tons) and Guyana (X tons) - each amounted to a 9.3% share of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips. At the same time, Colombia (+10.1%), Ecuador (+8.5%), Guyana (+6.7%), Peru (+6.5%) and Chile (+6.2%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +10.1% from 2012-2021. By contrast, Argentina (-2.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Colombia, Chile and Ecuador increased by +3.6, +2.6 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips in MERCOSUR, comprising 71% of total imports. The second position in the ranking was held by Argentina ($X), with a 16% share of total imports. It was followed by Colombia, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil stood at -1.9%. In the other countries, the average annual rates were as follows: Argentina (+0.1% per year) and Colombia (+7.1% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, rising by 6% against the previous year. In general, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the import price increased by 27%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Argentina ($X per ton), while Guyana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guyana (+2.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform