MERCOSUR: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in MERCOSUR

The MERCOSUR electric soldering iron market dropped significantly to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, continues to indicate modest growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Electric Soldering Iron Production in MERCOSUR

In value terms, electric soldering iron production contracted rapidly to $X in 2022 estimated in export price. Overall, production, however, recorded a significant expansion. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Electric Soldering Iron Exports

Exports in MERCOSUR

In 2022, after three years of growth, there was decline in shipments abroad of electric soldering irons and guns, when their volume decreased by X% to X units. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked at X units in 2021, and then fell slightly in the following year.

In value terms, electric soldering iron exports contracted significantly to $X in 2022. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Chile represented the largest exporter of electric soldering irons and guns in MERCOSUR, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Brazil (X units), committing a X% share of total exports. Peru (X units) followed a long way behind the leaders.

Chile was also the fastest-growing in terms of the electric soldering irons and guns exports, with a CAGR of X% from 2012 to 2022. At the same time, Peru (X%) and Brazil (X%) displayed positive paces of growth. Chile (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest electric soldering iron supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile stood at X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Peru (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 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 ($X per unit), while Brazil ($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 a decline in the export price figures.

Electric Soldering Iron Imports

Imports in MERCOSUR

Electric soldering iron imports fell to X units in 2022, which is down by X% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, electric soldering iron imports shrank to $X in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Brazil prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Chile (X units), Peru (X units), Argentina (X units), Colombia (X units) and Ecuador (X units), together achieving a X% share of total imports. Paraguay (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electric soldering iron imports into Brazil stood at X%. At the same time, Ecuador (X%), Paraguay (X%), Peru (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%) and Colombia (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.), Peru (X p.p.), Ecuador (X p.p.) and Paraguay (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (X p.p.) and Chile (X 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 Colombia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Peru, Argentina, Paraguay and Ecuador lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Paraguay, with a CAGR of X%, 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

In 2022, the import price in MERCOSUR amounted to $X per unit, waning by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

Source: IndexBox Platform