MERCOSUR: Transmission Apparatus Market 2025

Transmission Apparatus Market Size in MERCOSUR

After four years of decline, the MERCOSUR transmission apparatus market increased by 10% to $X in 2021. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Transmission Apparatus Production in MERCOSUR

In value terms, transmission apparatus production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 10% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Transmission Apparatus Exports

Exports in MERCOSUR

In 2021, exports of transmission apparatus incorporating reception apparatus in MERCOSUR surged to X tons, with an increase of 29% compared with 2020 figures. Over the period under review, exports, however, saw a abrupt curtailment. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, transmission apparatus exports soared to $X in 2021. Overall, exports, however, recorded a abrupt descent. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Chile represented the key exporter of transmission apparatus incorporating reception apparatus in MERCOSUR, with the volume of exports amounting to X tons, which was near 58% of total exports in 2021. It was distantly followed by Colombia (X tons), Brazil (X tons) and Peru (X tons), together achieving a 37% share of total exports. The following exporters - Paraguay (X tons) and Uruguay (X tons) - together made up 4.5% of total exports.

Chile experienced a relatively flat trend pattern with regard to volume of exports of transmission apparatus incorporating reception apparatus. At the same time, Paraguay (+22.8%), Uruguay (+10.6%), Colombia (+3.0%) and Peru (+1.6%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +22.8% from 2012-2021. By contrast, Brazil (-35.2%) illustrated a downward trend over the same period. While the share of Chile (+49 p.p.), Colombia (+14 p.p.), Peru (+8.5 p.p.) and Paraguay (+2.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Brazil (-74.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest transmission apparatus supplier in MERCOSUR, comprising 70% of total exports. The second position in the ranking was held by Colombia ($X), with a 12% share of total exports. It was followed by Brazil, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Chile was relatively modest. In the other countries, the average annual rates were as follows: Colombia (+4.3% per year) and Brazil (-30.7% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, growing by 5.8% against the previous year. Export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, transmission apparatus export price increased by +30.6% against 2018 indices. The growth pace was the most rapid in 2013 when the export price increased by 30%. Over the period under review, the export prices attained the peak figure in 2021 and is likely to continue growth in the near future.

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 Chile ($X per ton), while Paraguay ($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 (+7.0%), while the other leaders experienced more modest paces of growth.

Transmission Apparatus Imports

Imports in MERCOSUR

In 2021, approx. X tons of transmission apparatus incorporating reception apparatus were imported in MERCOSUR; with an increase of 8.9% on the year before. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat 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, transmission apparatus imports surged to $X in 2021. The total import value increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Colombia (X tons), distantly followed by Peru (X tons), Chile (X tons), Paraguay (X tons), Brazil (X tons), Argentina (X tons) and Ecuador (X tons) represented the largest importers of transmission apparatus incorporating reception apparatus, together generating 96% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Argentina (with a CAGR of +11.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest transmission apparatus importing markets in MERCOSUR were Chile ($X), Colombia ($X) and Peru ($X), with a combined 72% share of total imports. Paraguay, Brazil, Ecuador and Argentina lagged somewhat behind, together comprising a further 24%.

In terms of the main importing countries, Ecuador, with a CAGR of +9.2%, recorded the highest rates of growth with regard to 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

The import price in MERCOSUR stood at $X per ton in 2021, rising by 13% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. As a result, import price reached 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 Chile ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+12.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform