MERCOSUR: Resistor Market 2024

Resistor Market Size in MERCOSUR

The MERCOSUR resistor market shrank slightly to $X in 2022, declining by X% against the previous year. In general, consumption, however, saw a noticeable descent. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Resistor Production in MERCOSUR

In value terms, resistor production fell modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Resistor Exports

Exports in MERCOSUR

In 2022, overseas shipments of electrical resistors (except heating resistors) increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, resistor exports skyrocketed to $X in 2022. In general, exports, however, saw a slight descent. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) represented roughly X% of total exports in 2022.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of electrical resistors (except heating resistors). From 2012 to 2022, the share of Brazil increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest resistor supplier in MERCOSUR.

In Brazil, resistor exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in MERCOSUR stood at $X per thousand units in 2022, stabilizing at the previous year. Overall, the export price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per thousand units. From 2020 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Resistor Imports

Imports in MERCOSUR

In 2022, the amount of electrical resistors (except heating resistors) imported in MERCOSUR was estimated at X units, with an increase of X% on the year before. Over the period under review, imports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, resistor imports totaled $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil represented the major importer of electrical resistors (except heating resistors) in MERCOSUR, with the volume of imports recording X units, which was approx. X% of total imports in 2022. Argentina (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%).

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2022. Argentina (X%) and Chile (X%) illustrated a downward trend over the same period. Argentina (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. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported electrical resistors (except heating resistors) in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Argentina ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in MERCOSUR stood at $X per thousand units in 2022, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per thousand units in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per thousand units), while Argentina ($X per thousand units) 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 mixed trends in the import price figures.

Source: IndexBox Platform