MERCOSUR: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in MERCOSUR

In 2021, after three years of decline, there was significant growth in the MERCOSUR steam blasting machine market, when its value increased by 30% to $X. Overall, consumption saw a mild downturn. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Steam Blasting Machine Production in MERCOSUR

In value terms, steam blasting machine production skyrocketed to $X in 2021 estimated in export price. In general, production continues to indicate a significant increase. The growth pace was the most rapid in 2014 when the production volume increased by 246%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Steam Blasting Machine Exports

Exports in MERCOSUR

In 2021, steam blasting machine exports in MERCOSUR expanded rapidly to X units, increasing by 13% against 2020 figures. In general, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 99%. The volume of export peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, steam blasting machine exports rose significantly to $X in 2021. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 37%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil prevails in exports structure, amounting to X units, which was approx. 97% of total exports in 2021. Chile (X units) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the steam or sand blasting machines and similar jet-projecting machines exports, with a CAGR of +11.8% from 2012 to 2021. At the same time, Chile (+4.0%) displayed positive paces of growth. From 2012 to 2021, the share of Brazil increased by +13 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest steam blasting machine supplier in MERCOSUR, comprising 84% of total exports. The second position in the ranking was taken by Chile ($X), with a 6.5% share of total exports.

In Brazil, steam blasting machine exports increased at an average annual rate of +3.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per unit, falling by -6.6% against the previous year. Overall, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 (+8.2%).

Steam Blasting Machine Imports

Imports in MERCOSUR

In 2021, approx. X units of steam or sand blasting machines and similar jet-projecting machines were imported in MERCOSUR; which is down by -44.8% on the year before. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 38% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, steam blasting machine imports skyrocketed to $X in 2021. Overall, imports saw a perceptible setback. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Brazil represented the key importer of steam or sand blasting machines and similar jet-projecting machines in MERCOSUR, with the volume of imports recording X units, which was approx. 61% of total imports in 2021. It was distantly followed by Paraguay (X units) and Chile (X units), together comprising a 30% share of total imports. The following importers - Argentina (X units), Uruguay (X units), Ecuador (X units) and Peru (X units) - together made up 7.9% of total imports.

Imports into Brazil decreased at an average annual rate of -5.4% from 2012 to 2021. At the same time, Peru (+14.1%), Chile (+6.9%) and Ecuador (+6.7%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +14.1% from 2012-2021. Uruguay experienced a relatively flat trend pattern. By contrast, Argentina (-5.0%) and Paraguay (-13.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil and Chile increased by +13 and +4.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported steam or sand blasting machines and similar jet-projecting machines in MERCOSUR, comprising 45% of total imports. The second position in the ranking was held by Argentina ($X), with a 19% share of total imports. It was followed by Chile, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in Brazil amounted to -7.2%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+5.6% per year) and Chile (+6.9% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2021, rising by 161% against the previous year. Import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, 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 Paraguay (+25.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform