MERCOSUR: Secateurs Market 2024

Secateurs Market Size in MERCOSUR

In 2021, the MERCOSUR secateurs market was finally on the rise to reach $X for the first time since 2013, thus ending a seven-year declining trend. Over the period under review, consumption, however, saw a noticeable descent. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Secateurs Production in MERCOSUR

In value terms, secateurs production reached $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt slump. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Secateurs Exports

Exports in MERCOSUR

In 2021, shipments abroad of secateurs and similar one-handed pruners and shears was finally on the rise to reach X tons after three years of decline. Total exports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 51%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, secateurs exports skyrocketed to $X in 2021. Total exports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil was the main exporting country with an export of around X tons, which amounted to 58% of total exports. Colombia (X tons) ranks second in terms of the total exports with a 27% share, followed by Chile (12%). Argentina (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the secateurs and similar one-handed pruners and shears exports, with a CAGR of +4.1% from 2012 to 2021. At the same time, Colombia (+2.5%) and Chile (+2.4%) displayed positive paces of growth. By contrast, Argentina (-12.1%) illustrated a downward trend over the same period. Brazil (+9.3 p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by -9.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest secateurs supplier in MERCOSUR, comprising 53% of total exports. The second position in the ranking was held by Colombia ($X), with a 22% share of total exports. It was followed by Chile, with a 20% share.

In Brazil, secateurs exports increased at an average annual rate of +1.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (+10.6% per year) and Chile (+9.2% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, rising by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 an increase of 20%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

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 ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+9.4%), while the other leaders experienced more modest paces of growth.

Secateurs Imports

Imports in MERCOSUR

For the eighth year in a row, MERCOSUR recorded growth in overseas purchases of secateurs and similar one-handed pruners and shears, which increased by 65% to X tons in 2021. Overall, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, secateurs imports skyrocketed to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Chile (X tons) was the largest importer of secateurs and similar one-handed pruners and shears, making up 45% of total imports. Brazil (X tons) took a 19% share (based on physical terms) of total imports, which put it in second place, followed by Peru (13%), Colombia (10%) and Argentina (5.1%). The following importers - Ecuador (X tons) and Uruguay (X tons) - together made up 6.2% of total imports.

Chile was also the fastest-growing in terms of the secateurs and similar one-handed pruners and shears imports, with a CAGR of +17.0% from 2012 to 2021. At the same time, Ecuador (+11.2%), Brazil (+8.2%), Peru (+7.9%), Colombia (+6.2%) and Uruguay (+2.2%) displayed positive paces of growth. By contrast, Argentina (-1.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Chile increased by +20 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported secateurs and similar one-handed pruners and shears in MERCOSUR, comprising 40% of total imports. The second position in the ranking was held by Brazil ($X), with a 20% share of total imports. It was followed by Peru, with a 14% share.

In Chile, secateurs imports increased at an average annual rate of +8.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Brazil (+7.6% per year) and Peru (+8.1% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, with an increase of 7.8% against the previous year. In general, the import price, however, showed a pronounced decline. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 Ecuador ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+1.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform