MERCOSUR: Market for Iron Or Steel Bridges And Bridge-Sections 2025

Market Size for Iron Or Steel Bridges And Bridge-Sections in MERCOSUR

The MERCOSUR iron or steel bridges market shrank to $X in 2022, which is down by -3.2% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Iron Or Steel Bridges And Bridge-Sections in MERCOSUR

In value terms, iron or steel bridges production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014 when the production volume increased by 21%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports in MERCOSUR

In 2022, overseas shipments of iron or steel bridges and bridge-sections were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 272%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, iron or steel bridges exports skyrocketed to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 278%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X tons) and Brazil (X tons) prevails in exports structure, together creating 96% of total exports. Ecuador (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +31.3%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Colombia ($X), Brazil ($X) and Ecuador ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 96% of total exports.

Colombia, with a CAGR of +19.9%, saw the highest rates of growth with regard to 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 ton in 2022, falling by -13.5% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 18%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (-6.0%), while the other leaders experienced a decline in the export price figures.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports in MERCOSUR

In 2022, supplies from abroad of iron or steel bridges and bridge-sections increased by 5% to X tons, rising for the fourth year in a row after two years of decline. In general, imports posted a pronounced increase. The pace of growth appeared the most rapid in 2013 with an increase of 104% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, iron or steel bridges imports reached $X in 2022. Over the period under review, imports, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2019 with an increase of 88%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Peru represented the main importer of iron or steel bridges and bridge-sections in MERCOSUR, with the volume of imports finishing at X tons, which was near 60% of total imports in 2022. It was distantly followed by Uruguay (X tons) and Colombia (X tons), together comprising a 32% share of total imports. Brazil (X tons) and Guyana (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to iron or steel bridges imports into Peru stood at +5.8%. At the same time, Uruguay (+49.8%), Guyana (+8.7%) and Brazil (+8.5%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +49.8% from 2012-2022. By contrast, Colombia (-6.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uruguay and Peru increased by +23 and +16 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X), Uruguay ($X) and Colombia ($X) were the countries with the highest levels of imports in 2022, together accounting for 91% of total imports.

Uruguay, with a CAGR of +49.5%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price showed a perceptible slump. The pace of growth appeared the most rapid in 2017 when the import price increased by 12%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (-0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform