MERCOSUR: Prefabricated Buildings Market 2024

Prefabricated Buildings Market Size in MERCOSUR

The MERCOSUR prefabricated buildings market shrank modestly to $X in 2022, with a decrease of -2.1% against the previous year. The total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.9% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Prefabricated Buildings Production in MERCOSUR

In value terms, prefabricated buildings production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by 36%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Prefabricated Buildings Exports

Exports in MERCOSUR

In 2022, approx. X units of prefabricated buildings were exported in MERCOSUR; waning by -6.6% against 2021. In general, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2014 when exports increased by 77%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, prefabricated buildings exports amounted to $X in 2022. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 117%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil represented the key exporting country with an export of around X units, which reached 69% of total exports. Chile (X units) held the second position in the ranking, followed by Argentina (X units). All these countries together held near 21% share of total exports. Paraguay (X units), Colombia (X units) and Venezuela (X units) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of -9.3% from 2012 to 2022. At the same time, Paraguay (+18.9%), Chile (+14.6%) and Venezuela (+11.2%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +18.9% from 2012-2022. By contrast, Argentina (-11.4%) and Colombia (-12.6%) illustrated a downward trend over the same period. Chile (+11 p.p.) and Paraguay (+3.5 p.p.) significantly strengthened its position in terms of the total exports, while Argentina and Brazil saw its share reduced by -3.9% and -7.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest prefabricated buildings supplier in MERCOSUR, comprising 56% of total exports. The second position in the ranking was taken by Chile ($X), with a 24% share of total exports. It was followed by Colombia, with an 8.1% share.

In Brazil, prefabricated buildings exports decreased by an average annual rate of -20.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (+10.2% per year) and Colombia (-6.4% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, picking up by 23% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while Venezuela ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+7.1%), while the other leaders experienced a decline in the export price figures.

Prefabricated Buildings Imports

Imports in MERCOSUR

In 2022, approx. X units of prefabricated buildings were imported in MERCOSUR; leveling off at the previous year. Overall, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2019 when imports increased by 65%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, prefabricated buildings imports stood at $X in 2022. Over the period under review, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 71% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Chile represented the largest importer of prefabricated buildings in MERCOSUR, with the volume of imports amounting to X units, which was near 41% of total imports in 2022. It was distantly followed by Peru (X units), Colombia (X units), Uruguay (X units), Argentina (X units) and Brazil (X units), together committing a 47% share of total imports. Guyana (X units) held a minor share of total imports.

Imports into Chile increased at an average annual rate of +2.2% from 2012 to 2022. At the same time, Guyana (+12.9%) and Peru (+8.6%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +12.9% from 2012-2022. By contrast, Uruguay (-1.0%), Colombia (-1.1%), Argentina (-3.4%) and Brazil (-18.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile, Peru, Colombia, Uruguay, Guyana and Argentina increased by +25, +14, +4.9, +3.5, +3.3 and +2 percentage points, respectively.

In value terms, Chile ($X) constitutes the largest market for imported prefabricated buildings in MERCOSUR, comprising 32% of total imports. The second position in the ranking was held by Peru ($X), with a 15% share of total imports. It was followed by Colombia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Peru (+3.0% per year) and Colombia (-1.8% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, flattening at the previous year. Overall, the import price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2014 an increase of 27%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, 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 Brazil ($X per unit), while Guyana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform