MERCOSUR: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Exports

Exports in MERCOSUR

In 2022, approx. X units of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate were exported in MERCOSUR; with a decrease of -19.3% on the previous year's figure. In general, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by 122%. Over the period under review, the exports attained the peak figure at X units in 2021, and then declined notably in the following year.

In value terms, confectionery-making industrial machinery exports dropped notably to $X in 2022. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 124%. As a result, the exports attained the peak of $X, and then shrank markedly in the following year.

Exports by Country

Brazil (X units) and Argentina (X units) were the key exporters of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in 2022, accounting for near 49% and 33% of total exports, respectively. It was distantly followed by Chile (X units), committing an 11% share of total exports. Peru (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Argentina (with a CAGR of +20.6%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and Chile ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 96% share of total exports. These countries were followed by Peru, which accounted for a further 2.9%.

Peru, with a CAGR of +15.9%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, with a decrease of -6.3% against the previous year. Overall, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of 28% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 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 Chile ($X per unit), while Peru ($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 (+1.6%), while the other leaders experienced mixed trends in the export price figures.

Confectionery-Making Industrial Machinery Imports

Imports in MERCOSUR

In 2022, confectionery-making industrial machinery imports in MERCOSUR contracted markedly to X units, falling by -25.1% against 2021. In general, imports showed a noticeable contraction. The growth pace was the most rapid in 2018 with an increase of 95% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, confectionery-making industrial machinery imports dropped sharply to $X in 2022. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Argentina (X units), Brazil (X units), Colombia (X units) and Peru (X units) represented roughly 83% of total imports in 2022. It was distantly followed by Chile (X units), mixing up a 6.6% share of total imports. Ecuador (X units) and Uruguay (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Argentina (with a CAGR of +10.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery-making industrial machinery importing markets in MERCOSUR were Brazil ($X), Colombia ($X) and Argentina ($X), with a combined 71% share of total imports. Peru, Chile, Ecuador and Uruguay lagged somewhat behind, together comprising a further 25%.

Uruguay, with a CAGR of +9.1%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, declining by -20.3% against the previous year. Over the period under review, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the import price increased by 24% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 ($X per unit), while Argentina ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform