MERCOSUR: Table Knife Market 2024

Table Knife Market Size in MERCOSUR

The MERCOSUR table knife market rose to $X in 2022, growing by 3% against the previous year. Overall, consumption, however, saw a pronounced decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Table Knife Production in MERCOSUR

In value terms, table knife production expanded to $X in 2022 estimated in export price. In general, production, however, saw a noticeable slump. The pace of growth was the most pronounced in 2020 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Table Knife Exports

Exports in MERCOSUR

In 2022, the amount of table knives exported in MERCOSUR dropped modestly to X units, waning by -1.9% compared with 2021 figures. The total export volume increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, table knife exports reached $X in 2022. The total export value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 61% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

The shipments of the one major exporters of table knives, namely Brazil, represented more than two-thirds of total export.

Brazil was also the fastest-growing in terms of the table knives exports, with a CAGR of +3.8% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest table knife supplier in MERCOSUR.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to +2.9%.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, picking up by 5.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 7.6% 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 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -0.8% per year.

Table Knife Imports

Imports in MERCOSUR

In 2022, table knife imports in MERCOSUR declined modestly to X units, which is down by -1.5% against 2021. Over the period under review, imports recorded a slight decline. The most prominent rate of growth was recorded in 2017 when imports increased by 52% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, table knife imports rose markedly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 46%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Brazil was the main importer of table knives in MERCOSUR, with the volume of imports resulting at X units, which was approx. 37% of total imports in 2022. It was distantly followed by Argentina (X units), Chile (X units), Colombia (X units), Paraguay (X units) and Peru (X units), together creating a 55% share of total imports. Ecuador (X units) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Argentina (with a CAGR of +10.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) constitutes the largest market for imported table knives in MERCOSUR, comprising 34% of total imports. The second position in the ranking was held by Chile ($X), with a 17% share of total imports. It was followed by Brazil, with a 16% share.

In Argentina, table knife imports increased at an average annual rate of +9.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (+2.2% per year) and Brazil (-2.9% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, picking up by 6.9% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 25% against the previous year. Over the period under review, import prices attained the maximum in 2022 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 ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+3.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform