MERCOSUR: Pump For Liquid Market 2024

Pump For Liquid Market Size in MERCOSUR

The MERCOSUR pump for liquid market reached $X in 2021, with an increase of 13% against the previous year. Over the period under review, consumption, however, showed a mild reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Pump For Liquid Production in MERCOSUR

In value terms, pump for liquid production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Pump For Liquid Exports

Exports in MERCOSUR

In 2021, the amount of pumps for liquids and liquid elevators exported in MERCOSUR soared to X units, growing by 16% on the year before. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, pump for liquid exports surged to $X in 2021. In general, exports, however, recorded a abrupt descent. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil represented the main exporter of pumps for liquids and liquid elevators in MERCOSUR, with the volume of exports reaching X units, which was near 68% of total exports in 2021. Colombia (X units) ranks second in terms of the total exports with a 19% share, followed by Paraguay (4.9%). Argentina (X units) and Ecuador (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to pump for liquid exports from Brazil stood at +3.0%. At the same time, Paraguay (+43.4%), Ecuador (+13.4%) and Colombia (+9.3%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +43.4% from 2012-2021. By contrast, Argentina (-21.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil, Colombia and Paraguay increased by +16, +10 and +4.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest pump for liquid supplier in MERCOSUR, comprising 84% of total exports. The second position in the ranking was taken by Argentina ($X), with a 6.2% share of total exports. It was followed by Colombia, with a 3.6% share.

In Brazil, pump for liquid exports decreased by an average annual rate of -3.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (-17.8% per year) and Colombia (-7.0% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per unit, increasing by 5.4% against the previous year. Overall, the export price, however, showed a deep setback. The pace of growth was the most pronounced in 2017 an increase of 20% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 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 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 Argentina (+4.2%), while the other leaders experienced mixed trends in the export price figures.

Pump For Liquid Imports

Imports in MERCOSUR

In 2021, supplies from abroad of pumps for liquids and liquid elevators increased by 28% to X units, rising for the second consecutive year after two years of decline. Total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +4.2% 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 +35.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 46%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, pump for liquid imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a slight descent. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Colombia (X units) and Argentina (X units) represented the main importers of pumps for liquids and liquid elevators in 2021, accounting for near 43% and 29% of total imports, respectively. It was distantly followed by Brazil (X units), constituting a 15% share of total imports. The following importers - Ecuador (X units), Peru (X units) and Chile (X units) - each recorded a 9.5% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Colombia (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported pumps for liquids and liquid elevators in MERCOSUR, comprising 44% of total imports. The second position in the ranking was held by Chile ($X), with a 14% share of total imports. It was followed by Argentina, with a 13% share.

From 2012 to 2021, the average annual growth rate of value in Brazil amounted to +1.3%. In the other countries, the average annual rates were as follows: Chile (+1.0% per year) and Argentina (-2.3% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per unit, increasing by 9.6% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2018 an increase of 27% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, 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 Chile ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+2.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform