MERCOSUR: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in MERCOSUR

The MERCOSUR market for liquid or compressed air and distilled or conductivity water rose markedly to $X in 2021, growing by 6.8% against the previous year. In general, consumption, however, recorded a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in MERCOSUR

In value terms, liquid air and distilled water production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The growth pace was the most rapid in 2016 when the production volume increased by 33% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports in MERCOSUR

After three years of decline, shipments abroad of liquid or compressed air and distilled or conductivity water increased by 15% to X tons in 2021. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 432% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, liquid air and distilled water exports fell to $X in 2021. Overall, exports posted a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 999% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, Chile (X tons) represented the main exporter of liquid or compressed air and distilled or conductivity water, constituting 71% of total exports. It was distantly followed by Brazil (X tons), constituting a 28% share of total exports.

Exports from Chile increased at an average annual rate of +4.1% from 2012 to 2021. At the same time, Brazil (+25.1%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +25.1% from 2012-2021. While the share of Brazil (+21 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Chile (-15.6 p.p.) displayed negative dynamics.

In value terms, Chile ($X) remains the largest liquid air and distilled water supplier in MERCOSUR, comprising 99% of total exports. The second position in the ranking was taken by Brazil ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Chile totaled +22.5%.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, which is down by -19.9% against the previous year. Overall, the export price, however, saw a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 116% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2020, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Brazil stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+17.7%).

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports in MERCOSUR

In 2021, supplies from abroad of liquid or compressed air and distilled or conductivity water was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible decline. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid air and distilled water imports rose remarkably to $X in 2021. Overall, imports, however, showed a slight descent. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), Chile (X tons) and Uruguay (X tons) represented roughly 89% of total imports in 2021. The following importers - Ecuador (X tons), Colombia (X tons) and Argentina (X tons) - together made up 8.2% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uruguay (with a CAGR of +101.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Uruguay ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 84% of total imports.

Among the main importing countries, Uruguay, with a CAGR of +48.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, reducing by -8.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2016 an increase of 15%. The level of import peaked at $X per ton in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Argentina ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+8.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform