MERCOSUR: Telephone Market 2024

Telephone Market Size in MERCOSUR

The MERCOSUR telephone market expanded slightly to $X in 2022, surging by 4.8% against the previous year. Over the period under review, consumption showed a pronounced contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Telephone Production in MERCOSUR

In value terms, telephone production amounted to $X in 2022 estimated in export price. The total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.9% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of 56%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Telephone Exports

Exports in MERCOSUR

In 2022, overseas shipments of telephones and videophones increased by 9.1% to X units, rising for the second year in a row after five years of decline. In general, exports, however, recorded a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, telephone exports shrank rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 100%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil was the largest exporting country with an export of around X units, which recorded 79% of total exports. It was distantly followed by Chile (X units), mixing up an 18% share of total exports. Colombia (X units) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of -4.0% from 2012 to 2022. At the same time, Colombia (+17.8%) and Chile (+1.7%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +17.8% from 2012-2022. While the share of Chile (+6.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (-6.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest telephone supplying countries in MERCOSUR were Chile ($X), Brazil ($X) and Colombia ($X), together accounting for 94% of total exports.

Colombia, with a CAGR of +13.5%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, which is down by -37.1% against the previous year. Overall, the export price saw a perceptible reduction. The growth pace was the most rapid in 2015 an increase of 55% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-2.8%), while the other leaders experienced a decline in the export price figures.

Telephone Imports

Imports in MERCOSUR

In 2022, telephone imports in MERCOSUR declined sharply to X units, waning by -30.2% against the previous year's figure. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, telephone imports dropped remarkably to $X in 2022. Overall, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Venezuela (X units), Chile (X units) and Brazil (X units) represented roughly 61% of total imports in 2022. It was distantly followed by Argentina (X units), Colombia (X units), Peru (X units) and Ecuador (X units), together achieving a 34% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Venezuela (with a CAGR of +8.7%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Venezuela ($X) constitutes the largest market for imported telephones and videophones in MERCOSUR, comprising 52% of total imports. The second position in the ranking was taken by Chile ($X), with a 10% share of total imports. It was followed by Brazil, with a 10% share.

From 2012 to 2022, the average annual growth rate of value in Venezuela stood at +13.4%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (-6.0% per year) and Brazil (-17.0% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, surging by 14% against the previous year. Overall, the import price posted resilient growth. The growth pace was the most rapid in 2021 an increase of 21%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Venezuela ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform