MERCOSUR: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in MERCOSUR

The MERCOSUR chain scoops and sliders market contracted modestly to $X in 2022, shrinking by -3.7% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in MERCOSUR

In value terms, chain scoops and sliders production reduced to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 74% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in MERCOSUR

In 2022, shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips increased by 20% to X tons, rising for the second year in a row after three years of decline. Total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +113.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 78%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, chain scoops and sliders exports skyrocketed to $X in 2022. Total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +127.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 70% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Brazil represented the main exporting country with an export of around X tons, which resulted at 55% of total exports. It was distantly followed by Peru (X tons) and Paraguay (X tons), together making up a 43% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Peru (with a CAGR of +3.8%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest chain scoops and sliders supplier in MERCOSUR, comprising 70% of total exports. The second position in the ranking was taken by Peru ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at +2.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (+4.6% per year) and Paraguay (0.0% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, increasing by 11% against the previous year. Over the period under review, the export price, however, saw a pronounced setback. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+0.8%).

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in MERCOSUR

In 2022, approx. X tons of chain scoops, sliders, runners, end pieces and narrow strips were imported in MERCOSUR; increasing by 12% compared with 2021. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chain scoops and sliders imports soared to $X in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Brazil represented the largest importer of chain scoops, sliders, runners, end pieces and narrow strips in MERCOSUR, with the volume of imports amounting to X tons, which was near 53% of total imports in 2022. Colombia (X tons) took the second position in the ranking, followed by Argentina (X tons) and Peru (X tons). All these countries together held approx. 43% share of total imports.

Imports into Brazil increased at an average annual rate of +3.5% from 2012 to 2022. At the same time, Peru (+16.9%), Colombia (+4.5%) and Argentina (+3.3%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +16.9% from 2012-2022. Peru (+6.5 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Argentina ($X) and Colombia ($X) were the countries with the highest levels of imports in 2022, with a combined 90% share of total imports. These countries were followed by Peru, which accounted for a further 6.3%.

Peru, with a CAGR of +10.9%, saw the highest growth rate of the value of imports, among the main importing countries 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 3.9% against the previous year. In general, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in 2021 an increase of 21%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform