MERCOSUR: Comb Market 2024

Comb Market Size in MERCOSUR

The MERCOSUR comb market was estimated at $X in 2022, surging by 11% against the previous year. In general, consumption, however, saw a pronounced descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Comb Production in MERCOSUR

In value terms, comb production shrank dramatically to $X in 2022 estimated in export price. Overall, production, however, enjoyed significant growth. The growth pace was the most rapid in 2019 with an increase of 272,057,000% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Comb Exports

Exports in MERCOSUR

In 2022, exports of combs and hair-slides in MERCOSUR fell significantly to X tons, waning by -48.9% on the previous year. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, comb exports reduced sharply to $X in 2022. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Chile (X tons) was the largest exporter of combs and hair-slides, generating 50% of total exports. It was distantly followed by Argentina (X tons), Peru (X tons), Brazil (X tons) and Colombia (X tons), together creating a 48% share of total exports.

Exports from Chile decreased at an average annual rate of -6.5% from 2012 to 2022. Brazil experienced a relatively flat trend pattern. Peru (-4.5%), Colombia (-15.4%) and Argentina (-27.7%) illustrated a downward trend over the same period. While the share of Chile (+37 p.p.), Peru (+8.8 p.p.) and Brazil (+7.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Argentina (-56.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest comb supplying countries in MERCOSUR were Chile ($X), Brazil ($X) and Argentina ($X), together accounting for 92% of total exports.

Brazil, with a CAGR of -4.9%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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 ton in 2022, waning by -24.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 29% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 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 ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+1.9%), while the other leaders experienced a decline in the export price figures.

Comb Imports

Imports in MERCOSUR

In 2022, overseas purchases of combs and hair-slides increased by 12% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 40%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, comb imports expanded sharply to $X in 2022. In general, imports, however, recorded a pronounced slump. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the major importer of combs and hair-slides, comprising 46% of total imports. It was distantly followed by Chile (X tons), Argentina (X tons) and Colombia (X tons), together making up a 41% share of total imports. Peru (X tons), Ecuador (X tons) and Venezuela (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to comb imports into Brazil stood at -1.9%. Ecuador and Chile experienced a relatively flat trend pattern. Colombia (-8.4%), Peru (-8.6%), Argentina (-11.6%) and Venezuela (-20.4%) illustrated a downward trend over the same period. While the share of Brazil (+17 p.p.), Chile (+8 p.p.) and Ecuador (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (-2.8 p.p.), Venezuela (-10.2 p.p.) and Argentina (-11.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 71% share of total imports. Colombia, Ecuador, Peru and Venezuela lagged somewhat behind, together accounting for a further 25%.

Among the main importing countries, Ecuador, with a CAGR of +2.1%, recorded the highest rates of growth with regard to 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

The import price in MERCOSUR stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2014 when the import price increased by 8.8%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ecuador ($X per ton), while Brazil ($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 (+13.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform