MERCOSUR: Plaster Market 2024

Plaster Market Size in MERCOSUR

The MERCOSUR plaster market shrank modestly to $X in 2022, waning by -3.5% against the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Plaster Production in MERCOSUR

In value terms, plaster production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 33% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Plaster Exports

Exports in MERCOSUR

In 2022, plaster exports in MERCOSUR skyrocketed to X tons, increasing by 16% on 2021 figures. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +12.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.4% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 115% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, plaster exports soared to $X in 2022. In general, exports showed a moderate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil was the major exporter of plaster in MERCOSUR, with the volume of exports amounting to X tons, which was approx. 74% of total exports in 2022. Argentina (X tons) took the second position in the ranking, distantly followed by Peru (X tons). All these countries together held approx. 26% share of total exports.

Brazil was also the fastest-growing in terms of the plaster exports, with a CAGR of +21.6% from 2012 to 2022. At the same time, Argentina (+10.3%) displayed positive paces of growth. Peru experienced a relatively flat trend pattern. Brazil (+41 p.p.) significantly strengthened its position in terms of the total exports, while Argentina and Peru saw its share reduced by -2.9% and -17.4% from 2012 to 2022, respectively.

In value terms, Brazil ($X), Argentina ($X) and Peru ($X) constituted the countries with the highest levels of exports in 2022, with a combined 98% share of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of +12.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, with an increase of 39% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+7.9%), while the other leaders experienced a decline in the export price figures.

Plaster Imports

Imports in MERCOSUR

In 2022, the amount of plaster imported in MERCOSUR contracted to X tons, which is down by -9.1% on 2021. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, plaster imports rose slightly to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 54% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of plaster imports in 2022 were Chile (X tons), Ecuador (X tons), Colombia (X tons), Venezuela (X tons), Uruguay (X tons) and Paraguay (X tons), together recording 92% of total import. It was distantly followed by Brazil (X tons), committing a 5.2% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Chile (with a CAGR of +22.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Colombia ($X) and Brazil ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 69% share of total imports.

In terms of the main importing countries, Chile, with a CAGR of +24.7%, 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

The import price in MERCOSUR stood at $X per ton in 2022, with an increase of 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2021 an increase of 19%. 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 Brazil ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform