MERCOSUR: Levels Market 2024

Levels Market Size in MERCOSUR

In 2022, the MERCOSUR levels market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate notable growth. The level of consumption peaked at $X in 2021, and then dropped notably in the following year.

Levels Production in MERCOSUR

In value terms, levels production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Levels Exports

Exports in MERCOSUR

Levels exports soared to X units in 2022, increasing by X% against the previous year's figure. Overall, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, levels exports surged to $X in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Chile (X units) was the key exporter of levels, making up X% of total exports. It was distantly followed by Brazil (X units), committing a X% share of total exports. Guyana (X units) followed a long way behind the leaders.

Exports from Chile increased at an average annual rate of X% from 2012 to 2022. At the same time, Guyana (X%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.) and Guyana (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics.

In value terms, Chile ($X) remains the largest levels supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Guyana (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per unit), while Brazil ($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 (X%), while the other leaders experienced a decline in the export price figures.

Levels Imports

Imports in MERCOSUR

In 2022, purchases abroad of levels decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, levels imports contracted notably to $X in 2022. Overall, imports, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank significantly in the following year.

Imports by Country

Brazil was the major importer of levels in MERCOSUR, with the volume of imports reaching X units, which was near X% of total imports in 2022. It was distantly followed by Chile (X units), achieving a X% share of total imports. The following importers - Guyana (X units) and Uruguay (X units) - each reached an X% share of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Guyana (X%), Uruguay (X%) and Chile (X%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Chile (X p.p.), Guyana (X p.p.) and Uruguay (X p.p.) significantly strengthened its position in terms of the total imports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Brazil ($X) constitutes the largest market for imported levels in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Uruguay, with a X% share.

In Brazil, levels imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Uruguay (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per unit), while Guyana ($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 (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform