MERCOSUR: Data Storage Device Market 2025

Data Storage Device Market Size in MERCOSUR

In 2022, the MERCOSUR data storage device market increased by 8.8% to $X, rising for the second year in a row after eight years of decline. Over the period under review, consumption, however, saw a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Data Storage Device Production in MERCOSUR

In value terms, data storage device production reduced to $X in 2022 estimated in export price. Overall, production saw a deep downturn. The growth pace was the most rapid in 2014 with an increase of 16% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Data Storage Device Exports

Exports in MERCOSUR

In 2022, after six years of decline, there was significant growth in shipments abroad of data storage devices, when their volume increased by 40% to X units. Overall, exports, however, continue to indicate a noticeable decline. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, data storage device exports surged to $X in 2022. In general, exports, however, showed a pronounced slump. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil was the key exporter of data storage devices in MERCOSUR, with the volume of exports finishing at X units, which was near 66% of total exports in 2022. Chile (X units) took the second position in the ranking, distantly followed by Argentina (X units). All these countries together held near 29% share of total exports. Peru (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to data storage device exports from Brazil stood at -5.2%. Argentina experienced a relatively flat trend pattern. Chile (-2.2%) and Peru (-12.4%) illustrated a downward trend over the same period. Chile (+5.5 p.p.) and Argentina (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Brazil and Peru saw its share reduced by -2.9% and -3.9% from 2012 to 2022, respectively.

In value terms, the largest data storage device supplying countries in MERCOSUR were Brazil ($X), Chile ($X) and Argentina ($X), with a combined 92% share of total exports.

Among the main exporting countries, Chile, with a CAGR of +8.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, approximately equating the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by 33%. Over the period under review, the export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per unit), while Argentina ($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 (+11.0%), while the other leaders experienced a decline in the export price figures.

Data Storage Device Imports

Imports in MERCOSUR

In 2022, overseas purchases of data storage devices increased by 13% to X units, rising for the third year in a row after six years of decline. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, data storage device imports expanded sharply to $X in 2022. Overall, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 20%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X units), distantly followed by Argentina (X units), Chile (X units), Peru (X units) and Ecuador (X units) represented the key importers of data storage devices, together mixing up 92% of total imports. Colombia (X units) and Paraguay (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of +11.1%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Brazil ($X) constitutes the largest market for imported data storage devices in MERCOSUR, comprising 41% of total imports. The second position in the ranking was held by Argentina ($X), with an 18% share of total imports. It was followed by Chile, with a 16% share.

In Brazil, data storage device imports contracted by an average annual rate of -9.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (-3.9% per year) and Chile (+1.1% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, dropping by -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2017 when the import price increased by 16% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform