MERCOSUR: Electronic Metal Tester Market 2025

Electronic Metal Tester Market Size in MERCOSUR

The MERCOSUR electronic metal tester market expanded significantly to $X in 2021, picking up by 14% against the previous year. Over the period under review, consumption, however, saw a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electronic Metal Tester Production in MERCOSUR

In value terms, electronic metal tester production stood at $X in 2021 estimated in export price. In general, production saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 88% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Electronic Metal Tester Exports

Exports in MERCOSUR

In 2021, electronic metal tester exports in MERCOSUR expanded notably to X units, with an increase of 5.7% compared with the previous year. Over the period under review, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 31%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electronic metal tester exports declined rapidly to $X in 2021. Overall, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2019 with an increase of 24%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, accounting for X units, which was approx. 72% of total exports in 2021. Ecuador (X units) held the second position in the ranking, followed by Argentina (X units) and Chile (X units). All these countries together held approx. 21% share of total exports. The following exporters - Venezuela (X units), Colombia (X units) and Peru (X units) - each resulted at a 5.8% share of total exports.

Exports from Brazil decreased at an average annual rate of -9.8% from 2012 to 2021. At the same time, Chile (+23.1%), Ecuador (+21.5%), Colombia (+19.6%), Peru (+14.3%) and Venezuela (+7.0%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +23.1% from 2012-2021. By contrast, Argentina (-25.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil, Ecuador, Chile, Colombia, Peru and Venezuela increased by +9.1, +8.1, +4.6, +1.7, +1.7 and +1.7 percentage points, respectively.

In value terms, Brazil ($X) remains the largest electronic metal tester supplier in MERCOSUR, comprising 84% of total exports. The second position in the ranking was held by Peru ($X), with a 6.1% share of total exports. It was followed by Argentina, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil totaled -12.3%. In the other countries, the average annual rates were as follows: Peru (+27.2% per year) and Argentina (-25.8% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per unit, declining by -29.6% against the previous year. In general, the export price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2014 an increase of 87% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Peru ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+10.5%), while the other leaders experienced a decline in the export price figures.

Electronic Metal Tester Imports

Imports in MERCOSUR

In 2021, imports of electronic machines and appliances for testing metals in MERCOSUR surged to X units, rising by 21% against the previous year's figure. Over the period under review, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 34% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electronic metal tester imports rose sharply to $X in 2021. Overall, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 19%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil represented the key importing country with an import of about X units, which amounted to 52% of total imports. It was distantly followed by Argentina (X units), Chile (X units), Peru (X units) and Colombia (X units), together achieving a 39% share of total imports. The following importers - Uruguay (X units) and Ecuador (X units) - together made up 6.2% of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of electronic machines and appliances for testing metals. At the same time, Argentina (+9.3%), Uruguay (+3.4%) and Peru (+1.0%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +9.3% from 2012-2021. By contrast, Ecuador (-3.4%), Colombia (-10.0%) and Chile (-23.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil, Argentina, Peru and Uruguay increased by +31, +13, +3.3 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported electronic machines and appliances for testing metals in MERCOSUR, comprising 63% of total imports. The second position in the ranking was held by Peru ($X), with a 10% share of total imports. It was followed by Chile, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value in Brazil stood at -11.5%. In the other countries, the average annual rates were as follows: Peru (+2.5% per year) and Chile (-4.2% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2021, falling by -6.2% against the previous year. Overall, the import price showed a mild descent. The pace of growth appeared the most rapid in 2013 when the import price increased by 87%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Peru ($X per unit), while Argentina ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+24.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform