MERCOSUR: Endless Machinery Band Market 2025

Endless Machinery Band Exports

Exports in MERCOSUR

In 2021, after three years of growth, there was significant decline in shipments abroad of endless bands for machinery, of stainless steel, when their volume decreased by -62% to X square meters. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 367% against the previous year. Over the period under review, the exports attained the maximum at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, endless machinery band exports declined rapidly to $X in 2021. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 461%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil prevails in exports structure, accounting for X square meters, which was approx. 77% of total exports in 2021. It was distantly followed by Chile (X square meters) and Colombia (X square meters), together making up a 17% share of total exports. Argentina (X square meters) and Peru (X square meters) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the endless bands for machinery, of stainless steel exports, with a CAGR of -10.5% from 2012 to 2021. Peru (-15.7%), Colombia (-19.6%), Chile (-23.5%) and Argentina (-27.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil increased by +41 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest endless machinery band supplier in MERCOSUR, comprising 78% of total exports. The second position in the ranking was taken by Argentina ($X), with a 10% share of total exports. It was followed by Chile, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil totaled -7.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (-19.0% per year) and Chile (-18.1% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per square meter, surging by 92% against the previous year. Overall, the export price saw a buoyant increase. Over the period under review, the export prices reached the maximum at $X per square meter in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+11.4%), while the other leaders experienced more modest paces of growth.

Endless Machinery Band Imports

Imports in MERCOSUR

In 2021, supplies from abroad of endless bands for machinery, of stainless steel increased by 19% to X square meters for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 27%. As a result, imports reached the peak of X square meters. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, endless machinery band imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a pronounced reduction. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Ecuador represented the key importing country with an import of around X square meters, which recorded 41% of total imports. Argentina (X square meters) held a 17% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (15%), Colombia (12%) and Chile (10%). Peru (X square meters) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to endless machinery band imports into Ecuador stood at -7.1%. Argentina (-1.0%), Colombia (-2.0%), Brazil (-3.9%), Chile (-6.4%) and Peru (-11.2%) illustrated a downward trend over the same period. While the share of Argentina (+5.8 p.p.), Colombia (+3.6 p.p.) and Brazil (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Peru (-1.8 p.p.) and Ecuador (-6.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest endless machinery band importing markets in MERCOSUR were Argentina ($X), Colombia ($X) and Brazil ($X), with a combined 66% share of total imports.

In terms of the main importing countries, Argentina, with a CAGR of +12.5%, saw the highest growth rate of 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

In 2021, the import price in MERCOSUR amounted to $X per square meter, growing by 18% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2014 when the import price increased by 24%. Over the period under review, import prices hit record highs in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+13.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform