MERCOSUR: Power Tool Market 2025

Power Tool Market Size in MERCOSUR

The MERCOSUR power tool market surged to $X in 2021, with an increase of 66% against the previous year. The total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +82.4% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Power Tool Production in MERCOSUR

In value terms, power tool production totaled $X in 2021 estimated in export price. Overall, production saw a deep reduction. The pace of growth was the most pronounced in 2015 when the production volume increased by 23%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Power Tool Exports

Exports in MERCOSUR

In 2021, shipments abroad of power tools increased by 44% to X units, rising for the second year in a row after two years of decline. In general, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, power tool exports surged to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil prevails in exports structure, amounting to X units, which was near 94% of total exports in 2021. It was distantly followed by Chile (X units), constituting a 4.8% share of total exports.

Brazil was also the fastest-growing in terms of the power tools exports, with a CAGR of +11.9% from 2012 to 2021. At the same time, Chile (+11.0%) displayed positive paces of growth. From 2012 to 2021, the share of Brazil increased by +7.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest power tool supplier in MERCOSUR, comprising 80% of total exports. The second position in the ranking was held by Chile ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Brazil amounted to +4.5%.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per unit, increasing by 4.1% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2015 when the export price increased by 8.5% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 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 Chile ($X per unit), while Brazil totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (-1.6%).

Power Tool Imports

Imports in MERCOSUR

In 2021, the amount of power tools imported in MERCOSUR surged to X units, growing by 71% on the year before. Over the period under review, imports posted pronounced growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, power tool imports surged to $X in 2021. Total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +90.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X units) and Chile (X units) were the main importers of power tools in 2021, accounting for approx. 39% and 29% of total imports, respectively. Argentina (X units) held the next position in the ranking, distantly followed by Colombia (X units). All these countries together held approx. 21% share of total imports. The following importers - Ecuador (X units), Uruguay (X units) and Peru (X units) - each resulted at an 8.8% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +11.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Brazil ($X) and Argentina ($X) were the countries with the highest levels of imports in 2021, with a combined 80% share of total imports.

Chile, with a CAGR of +15.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 unit, picking up by 3.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 24% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform