MERCOSUR: Market for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process 2024

Market Size for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in MERCOSUR

The MERCOSUR market for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process shrank slightly to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption saw a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in MERCOSUR

In value terms, production of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process expanded sharply to $X in 2022 estimated in export price. In general, production recorded a notable increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Exports in MERCOSUR

In 2022, shipments abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a slight decline. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process soared to $X in 2022. In general, exports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Brazil was the key exporter of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process in MERCOSUR, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. Argentina (X units) held the second position in the ranking, distantly followed by Peru (X units) and Colombia (X units). All these countries together took approx. X% share of total exports.

Brazil was also the fastest-growing in terms of the cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process exports, with a CAGR of X% from 2012 to 2022. At the same time, Peru (X%) and Colombia (X%) displayed positive paces of growth. By contrast, Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest machinery for material treatment by heating or cooling process supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Brazil, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price, however, saw a mild contraction. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices failed to regain momentum.

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

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

Imports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Imports in MERCOSUR

In 2022, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process in MERCOSUR shrank to X units, with a decrease of X% compared with the year before. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports of attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process expanded sharply to $X in 2022. Over the period under review, imports showed a drastic downturn. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units) was the key importer of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process, achieving X% of total imports. It was distantly followed by Argentina (X units), Chile (X units), Peru (X units), Colombia (X units), Ecuador (X units) and Paraguay (X units), together creating a X% share of total imports.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Paraguay (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Peru (X%), Ecuador (X%), Argentina (X%), Chile (X%) and Colombia (X%) illustrated a downward trend over the same period. Argentina (X p.p.), Chile (X p.p.), Peru (X p.p.), Paraguay (X p.p.), Colombia (X p.p.) and Ecuador (X p.p.) significantly strengthened its position in terms of the total imports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest machinery for material treatment by heating or cooling process importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Argentina ($X), with a combined X% share of total imports. Colombia, Peru, Ecuador and Paraguay lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Paraguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, with an increase of X% against the previous year. Import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Chile ($X per unit), while Paraguay ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform