MERCOSUR: Market for Machine-Tools For Working Any Material By Removal Of Material 2025

Market Size for Machine-Tools For Working Any Material By Removal Of Material in MERCOSUR

The MERCOSUR machine-tool for removing material market skyrocketed to $X in 2021, with an increase of 68% against the previous year. Overall, consumption showed temperate growth. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in years to come.

Production of Machine-Tools For Working Any Material By Removal Of Material in MERCOSUR

In value terms, machine-tool for removing material production rose to $X in 2021 estimated in export price. Overall, production, however, recorded a modest expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 45% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports in MERCOSUR

In 2021, after three years of decline, there was significant growth in overseas shipments of machine-tools for working any material by removal of material, when their volume increased by 139% to X units. In general, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, machine-tool for removing material exports soared to $X in 2021. Over the period under review, exports showed measured growth. The most prominent rate of growth was recorded in 2013 with an increase of 112% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Ecuador (X units) and Brazil (X units) prevails in exports structure, together committing 88% of total exports. It was distantly followed by Colombia (X units), constituting an 8.4% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Ecuador (with a CAGR of +21.2%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest machine-tool for removing material supplier in MERCOSUR, comprising 61% of total exports. The second position in the ranking was held by Colombia ($X), with a 17% share of total exports.

In Brazil, machine-tool for removing material exports expanded at an average annual rate of +8.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (+19.9% per year) and Ecuador (-15.5% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per unit, waning by -25.8% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 an increase of 176%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+2.1%), while the other leaders experienced a decline in the export price figures.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports in MERCOSUR

In 2021, imports of machine-tools for working any material by removal of material in MERCOSUR soared to X units, picking up by 71% against the year before. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 194% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, machine-tool for removing material imports soared to $X in 2021. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil represented the main importing country with an import of around X units, which resulted at 53% of total imports. It was distantly followed by Argentina (X units), Paraguay (X units), Colombia (X units) and Chile (X units), together comprising a 38% share of total imports. Peru (X units) and Uruguay (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to machine-tool for removing material imports into Brazil stood at +3.1%. At the same time, Argentina (+22.0%), Chile (+15.1%), Uruguay (+14.1%) and Peru (+11.0%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +22.0% from 2012-2021. By contrast, Colombia (-3.1%) and Paraguay (-17.0%) illustrated a downward trend over the same period. While the share of Argentina (+16 p.p.), Brazil (+12 p.p.), Chile (+3.8 p.p.), Peru (+2.4 p.p.) and Uruguay (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Colombia (-1.9 p.p.) and Paraguay (-35.2 p.p.) displayed negative dynamics.

In value terms, Brazil ($X) constitutes the largest market for imported machine-tools for working any material by removal of material in MERCOSUR, comprising 59% of total imports. The second position in the ranking was held by Argentina ($X), with a 20% share of total imports. It was followed by Chile, with a 6.3% share.

In Brazil, machine-tool for removing material imports shrank by an average annual rate of -1.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Argentina (+11.2% per year) and Chile (+3.4% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2021, increasing by 2.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 125% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+19.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform