MERCOSUR: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in MERCOSUR

After two years of decline, the MERCOSUR threaded metal articles market increased by 22% to $X in 2021. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Threaded Metal Articles Production in MERCOSUR

In value terms, threaded metal articles production rose to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 33%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Threaded Metal Articles Exports

Exports in MERCOSUR

In 2021, shipments abroad of threaded articles of iron or steel was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, showed a mild decline. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, threaded metal articles exports skyrocketed to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 76%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, resulting at X tons, which was near 93% of total exports in 2021. The following exporters - Chile (X tons) and Argentina (X tons) - together made up 4.7% of total exports.

Brazil was also the fastest-growing in terms of the threaded articles of iron or steel exports, with a CAGR of +3.2% from 2012 to 2021. Chile (-18.2%) and Argentina (-23.7%) illustrated a downward trend over the same period. Brazil (+31 p.p.) significantly strengthened its position in terms of the total exports, while Chile and Argentina saw its share reduced by -11% and -19.5% from 2012 to 2021, respectively.

In value terms, Brazil ($X) remains the largest threaded metal articles supplier in MERCOSUR, comprising 95% of total exports. The second position in the ranking was held by Chile ($X), with a 1.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Brazil totaled +2.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-15.8% per year) and Argentina (-23.8% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, which is down by -9.4% against the previous year. Export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, threaded metal articles export price decreased by -16.6% against 2019 indices. The pace of growth was the most pronounced in 2019 when the export price increased by 25% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+3.0%), while the other leaders experienced a decline in the export price figures.

Threaded Metal Articles Imports

Imports in MERCOSUR

In 2021, purchases abroad of threaded articles of iron or steel was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, saw a slight decline. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, threaded metal articles imports surged to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Brazil (X tons), distantly followed by Colombia (X tons), Chile (X tons), Argentina (X tons) and Peru (X tons) represented the largest importers of threaded articles of iron or steel, together comprising 92% of total imports. The following importers - Paraguay (X tons) and Guyana (X tons) - together made up 5.1% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Guyana (with a CAGR of +50.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported threaded articles of iron or steel in MERCOSUR, comprising 56% of total imports. The second position in the ranking was taken by Colombia ($X), with a 13% share of total imports. It was followed by Argentina, with a 9.9% share.

In Brazil, threaded metal articles imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (+8.5% per year) and Argentina (+1.6% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, with an increase of 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2017 an increase of 36% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+6.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform