MERCOSUR: Market for Industrial Automatic Sewing Machines 2025

Market Size for Industrial Automatic Sewing Machines in MERCOSUR

The MERCOSUR industrial automatic sewing machine market soared to $X in 2022, with an increase of 54% against the previous year. In general, consumption showed a pronounced expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Production of Industrial Automatic Sewing Machines in MERCOSUR

In value terms, industrial automatic sewing machine production stood at $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 4% against the previous year. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in years to come.

Exports of Industrial Automatic Sewing Machines

Exports in MERCOSUR

In 2022, the amount of industrial automatic sewing machines exported in MERCOSUR skyrocketed to X units, picking up by 51% against the previous year. Over the period under review, exports, however, saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 241%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, industrial automatic sewing machine exports surged to $X in 2022. In general, exports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 116% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Uruguay (X units) was the largest exporter of industrial automatic sewing machines, creating 72% of total exports. It was distantly followed by Brazil (X units), comprising a 23% share of total exports. Chile (X units) followed a long way behind the leaders.

Uruguay experienced a relatively flat trend pattern with regard to volume of exports of industrial automatic sewing machines. Brazil (-15.6%) and Chile (-30.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uruguay increased by +49 percentage points.

In value terms, the largest industrial automatic sewing machine supplying countries in MERCOSUR were Uruguay ($X), Brazil ($X) and Chile ($X), with a combined 92% share of total exports.

Uruguay, with a CAGR of +7.0%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, falling by -23.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 304%. Over the period under review, the export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Chile ($X per unit), while Uruguay ($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 (+17.4%), while the other leaders experienced mixed trends in the export price figures.

Imports of Industrial Automatic Sewing Machines

Imports in MERCOSUR

In 2022, imports of industrial automatic sewing machines in MERCOSUR skyrocketed to X units, increasing by 27% compared with the previous year's figure. In general, imports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 136%. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, industrial automatic sewing machine imports skyrocketed to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 58% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Argentina (X units), Peru (X units), Brazil (X units) and Colombia (X units) represented the major importer of industrial automatic sewing machines in MERCOSUR, making up 87% of total import. It was distantly followed by Ecuador (X units), constituting a 6.6% share of total imports. Chile (X units) and Paraguay (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Argentina (with a CAGR of +27.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial automatic sewing machine importing markets in MERCOSUR were Brazil ($X), Argentina ($X) and Peru ($X), with a combined 81% share of total imports.

Argentina, with a CAGR of +11.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, declining by -4.8% against the previous year. Over the period under review, the import price saw a slight slump. The growth pace was the most rapid in 2016 an increase of 36%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per unit), while Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform