MERCOSUR: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in MERCOSUR

In 2021, the MERCOSUR scouring pastes and powders market decreased by -0.2% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Scouring Pastes And Powders in MERCOSUR

In value terms, scouring pastes and powders production stood at $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 26% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Scouring Pastes And Powders

Exports in MERCOSUR

In 2021, overseas shipments of scouring pastes and powders decreased by -38.6% to X tons, falling for the second year in a row after two years of growth. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of 12%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, scouring pastes and powders exports dropped markedly to $X in 2021. Overall, exports showed a deep slump. The pace of growth was the most pronounced in 2016 with an increase of 3%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina prevails in exports structure, resulting at X tons, which was approx. 83% of total exports in 2021. Peru (X tons) held a 10% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (5.6%). Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to scouring pastes and powders exports from Argentina stood at -6.8%. At the same time, Colombia (+12.4%) and Brazil (+8.9%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +12.4% from 2012-2021. By contrast, Peru (-1.9%) illustrated a downward trend over the same period. While the share of Colombia (+4.5 p.p.) and Peru (+3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Argentina (-8.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest scouring pastes and powders supplier in MERCOSUR, comprising 74% of total exports. The second position in the ranking was held by Peru ($X), with an 11% share of total exports. It was followed by Colombia, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Argentina stood at -10.1%. In the other countries, the average annual rates were as follows: Peru (-4.2% per year) and Colombia (+3.9% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, surging by 9.2% against the previous year. Overall, the export price, however, showed a noticeable descent. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat 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 Brazil ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+0.1%), while the other leaders experienced a decline in the export price figures.

Imports of Scouring Pastes And Powders

Imports in MERCOSUR

In 2021, imports of scouring pastes and powders in MERCOSUR dropped remarkably to X tons, falling by -55.5% against 2020. In general, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 when imports increased by 14% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, scouring pastes and powders imports fell rapidly to $X in 2021. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 10%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Chile was the main importing country with an import of around X tons, which resulted at 34% of total imports. Venezuela (X tons) held the second position in the ranking, followed by Uruguay (X tons), Paraguay (X tons) and Peru (X tons). All these countries together held approx. 59% share of total imports. The following importers - Colombia (X tons) and Guyana (X tons) - together made up 5% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Guyana (with a CAGR of +15.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest scouring pastes and powders importing markets in MERCOSUR were Chile ($X), Venezuela ($X) and Peru ($X), with a combined 66% share of total imports. These countries were followed by Paraguay, Uruguay, Guyana and Colombia, which together accounted for a further 26%.

Guyana, with a CAGR of +10.7%, recorded the highest growth rate of 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

In 2021, the import price in MERCOSUR amounted to $X per ton, jumping by 37% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Venezuela (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform