MERCOSUR: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in MERCOSUR

The MERCOSUR wood milling machine market fell slightly to $X in 2021, remaining stable against the previous year. Over the period under review, consumption posted a pronounced increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Wood Milling Machine Production in MERCOSUR

In value terms, wood milling machine production shrank remarkably to $X in 2021 estimated in export price. Over the period under review, production showed a pronounced descent. The most prominent rate of growth was recorded in 2018 with an increase of 148%. Over the period under review, production reached the peak level at $X in 2020, and then dropped sharply in the following year.

Wood Milling Machine Exports

Exports in MERCOSUR

In 2021, approx. X units of planing, milling or moulding machines were exported in MERCOSUR; which is down by -78.7% compared with 2020. In general, exports recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 1,240% against the previous year. As a result, the exports reached the peak of X units, and then reduced remarkably in the following year.

In value terms, wood milling machine exports declined dramatically to $X in 2021. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 372% against the previous year. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Brazil was the largest exporting country with an export of around X units, which finished at 63% of total exports. It was distantly followed by Chile (X units), creating a 29% share of total exports. Peru (X units) and Ecuador (X units) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of -14.8% from 2012 to 2021. At the same time, Chile (+22.2%) and Peru (+1.0%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +22.2% from 2012-2021. By contrast, Ecuador (-8.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Chile and Peru increased by +28 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest wood milling machine supplier in MERCOSUR, comprising 72% of total exports. The second position in the ranking was held by Chile ($X), with a 20% share of total exports. It was followed by Peru, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value in Brazil totaled -4.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-6.3% per year) and Peru (-3.0% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2021, with an increase of 160% against the previous year. In general, the export price enjoyed buoyant growth. The growth pace was the most rapid in 2014 an increase of 241%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+12.1%), while the other leaders experienced a decline in the export price figures.

Wood Milling Machine Imports

Imports in MERCOSUR

In 2021, the amount of planing, milling or moulding machines imported in MERCOSUR skyrocketed to X units, growing by 104% against the previous year's figure. In general, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood milling machine imports soared to $X in 2021. Total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +91.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Chile (X units) and Brazil (X units) dominates imports structure, together committing 83% of total imports. Argentina (X units) held a 6.4% share (based on physical terms) of total imports, which put it in second place, followed by Paraguay (4.9%). Peru (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Brazil (with a CAGR of +17.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood milling machine importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Argentina ($X), with a combined 84% share of total imports.

Among the main importing countries, Chile, with a CAGR of +12.2%, 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

The import price in MERCOSUR stood at $X per unit in 2021, falling by -15.5% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the import price increased by 28%. As a result, import price attained the peak level of $X per unit. 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 Argentina ($X per unit), while Paraguay ($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 (+3.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform