MERCOSUR: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2025

Market Size for Table, Kitchen Or Household Articles And Parts Of Stainless Steel in MERCOSUR

In 2021, the MERCOSUR stainless steel household articles market increased by 5.8% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 7.6%. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Table, Kitchen Or Household Articles And Parts Of Stainless Steel in MERCOSUR

In value terms, stainless steel household articles production stood at $X in 2021 estimated in export price. In general, production, however, enjoyed temperate growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 447% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Exports in MERCOSUR

For the sixth year in a row, MERCOSUR recorded growth in shipments abroad of table, kitchen or household articles and parts of stainless steel, which increased by 26% to X units in 2021. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, stainless steel household articles exports surged to $X in 2021. Over the period under review, exports posted prominent growth. The growth pace was the most rapid in 2020 when exports increased by 53%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

Brazil was the major exporting country with an export of about X units, which reached 78% of total exports. It was distantly followed by Peru (X units) and Chile (X units), together mixing up a 20% share of total exports. Colombia (X units) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the table, kitchen or household articles and parts of stainless steel exports, with a CAGR of +19.8% from 2012 to 2021. At the same time, Chile (+12.6%) and Peru (+10.7%) displayed positive paces of growth. Colombia experienced a relatively flat trend pattern. From 2012 to 2021, the share of Brazil increased by +18 percentage points.

In value terms, Brazil ($X) remains the largest stainless steel household articles supplier in MERCOSUR, comprising 59% of total exports. The second position in the ranking was taken by Chile ($X), with a 22% share of total exports. It was followed by Peru, with a 17% share.

In Brazil, stainless steel household articles exports increased at an average annual rate of +12.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+7.8% per year) and Peru (+7.6% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2021, rising by 3.6% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when the export price increased by 15% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (-0.0%), while the other leaders experienced a decline in the export price figures.

Imports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Imports in MERCOSUR

In 2021, supplies from abroad of table, kitchen or household articles and parts of stainless steel increased by 48% to X units for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel household articles imports skyrocketed to $X in 2021. Total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. 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 units), Brazil (X units) and Peru (X units) represented the largest importer of table, kitchen or household articles and parts of stainless steel in MERCOSUR, committing 73% of total import. Colombia (X units) ranks next in terms of the total imports with a 12% share, followed by Argentina (4.6%). The following importers - Ecuador (X units) and Paraguay (X units) - together made up 7.2% of total imports.

From 2012 to 2021, the biggest increases were in Peru (with a CAGR of +13.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel household articles importing markets in MERCOSUR were Chile ($X), Brazil ($X) and Peru ($X), with a combined 70% share of total imports.

Among the main importing countries, Peru, with a CAGR of +12.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per unit, surging by 16% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: 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 (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform