MERCOSUR: Matches Market 2024

Matches Market Size in MERCOSUR

In 2021, the MERCOSUR matches market was finally on the rise to reach $X for the first time since 2015, thus ending a five-year declining trend. In general, consumption, however, showed a noticeable decrease. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Matches Production in MERCOSUR

In value terms, matches production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 13% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Matches Exports

Exports in MERCOSUR

In 2021, approx. X tons of matches were exported in MERCOSUR; picking up by 2.7% against 2020. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 15%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, matches exports amounted to $X in 2021. The total export value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 20%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Brazil (X tons) represented the major exporter of matches, creating 59% of total exports. It was distantly followed by Chile (X tons), making up a 35% share of total exports. The following exporters - Ecuador (X tons) and Peru (X tons) - each reached a 5.9% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Ecuador (with a CAGR of +12.0%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest matches supplying countries in MERCOSUR were Brazil ($X), Chile ($X) and Ecuador ($X), together comprising 98% of total exports.

In terms of the main exporting countries, Chile, with a CAGR of +11.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, remaining stable against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2017 an increase of 6%. Over the period under review, the export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+2.9%), while the other leaders experienced mixed trends in the export price figures.

Matches Imports

Imports in MERCOSUR

In 2021, after two years of decline, there was significant growth in purchases abroad of matches, when their volume increased by 6.4% to X tons. In general, imports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 34%. 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, matches imports rose sharply to $X in 2021. Over the period under review, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 29%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Peru (X tons) and Paraguay (X tons) represented the largest importers of matches in MERCOSUR, together comprising 52% of total imports. Ecuador (X tons) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Chile (12%), Brazil (10%) and Colombia (7.4%). Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Argentina (with a CAGR of +11.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Paraguay ($X), Peru ($X) and Ecuador ($X) were the countries with the highest levels of imports in 2021, together accounting for 65% of total imports. These countries were followed by Chile, Colombia, Brazil and Argentina, which together accounted for a further 29%.

Argentina, with a CAGR of +2.1%, recorded the highest rates of growth with regard to 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

The import price in MERCOSUR stood at $X per ton in 2021, increasing by 2.4% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. The growth pace was the most rapid in 2013 an increase of 4%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

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 Paraguay ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (-0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform