MERCOSUR: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in MERCOSUR

The MERCOSUR injection-moulding machine market reduced to $X in 2022, with a decrease of -6.9% against the previous year. In general, consumption continues to indicate a deep setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Injection-Moulding Machine Production in MERCOSUR

In value terms, injection-moulding machine production stood at $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 141% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Injection-Moulding Machine Exports

Exports in MERCOSUR

Injection-moulding machine exports soared to X units in 2022, growing by 32% against 2021 figures. Total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +7.0% 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 +54.1% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 43%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, injection-moulding machine exports surged to $X in 2022. Total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +71.7% against 2019 indices. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil represented the major exporter of injection-moulding machines for working rubber or plastics in MERCOSUR, with the volume of exports amounting to X units, which was near 65% of total exports in 2022. Argentina (X units) ranks second in terms of the total exports with a 13% share, followed by Colombia (8.6%) and Chile (5%). The following exporters - Uruguay (X units) and Ecuador (X units) - each accounted for a 5.6% share of total exports.

Exports from Brazil increased at an average annual rate of +10.3% from 2012 to 2022. At the same time, Uruguay (+12.8%), Chile (+9.3%), Ecuador (+6.1%) and Colombia (+5.5%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +12.8% from 2012-2022. Argentina experienced a relatively flat trend pattern. While the share of Brazil (+17 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Argentina (-12.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest injection-moulding machine supplier in MERCOSUR, comprising 68% of total exports. The second position in the ranking was held by Chile ($X), with an 8.8% share of total exports. It was followed by Colombia, with a 6.2% share.

In Brazil, injection-moulding machine exports expanded at an average annual rate of +3.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+20.1% per year) and Colombia (+5.6% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, standing approx. at the previous year. Overall, the export price, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2016 when the export price increased by 21%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained 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 Ecuador ($X per unit), while Argentina ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+13.3%), while the other leaders experienced more modest paces of growth.

Injection-Moulding Machine Imports

Imports in MERCOSUR

In 2022, imports of injection-moulding machines for working rubber or plastics in MERCOSUR dropped to X units, declining by -3.8% against 2021. In general, imports showed a abrupt setback. The growth pace was the most rapid in 2013 when imports increased by 42% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, injection-moulding machine imports shrank to $X in 2022. Overall, imports saw a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Brazil prevails in imports structure, reaching X units, which was approx. 80% of total imports in 2022. It was distantly followed by Chile (X units), generating an 8.6% share of total imports. The following importers - Argentina (X units), Peru (X units) and Colombia (X units) - together made up 10% of total imports.

From 2012 to 2022, average annual rates of growth with regard to injection-moulding machine imports into Brazil stood at -16.6%. At the same time, Chile (+18.6%), Peru (+3.3%) and Argentina (+2.0%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +18.6% from 2012-2022. Colombia experienced a relatively flat trend pattern. While the share of Chile (+8.3 p.p.), Argentina (+3.3 p.p.), Peru (+3 p.p.) and Colombia (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (-17.2 p.p.) displayed negative dynamics.

In value terms, Brazil ($X) constitutes the largest market for imported injection-moulding machines for working rubber or plastics in MERCOSUR, comprising 56% of total imports. The second position in the ranking was taken by Argentina ($X), with a 17% share of total imports. It was followed by Chile, with a 9% share.

In Brazil, injection-moulding machine imports decreased by an average annual rate of -5.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (+0.9% per year) and Chile (+5.0% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, which is down by -3.9% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2016 an increase of 98% against the previous year. The level of import peaked at $X per unit in 2021, and then declined slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+13.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform