MERCOSUR: Transport Container Market 2024

Transport Container Market Size in MERCOSUR

The MERCOSUR transport container market amounted to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Transport Container Production in MERCOSUR

In value terms, transport container production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of 22% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Transport Container Exports

Exports in MERCOSUR

In 2022, overseas shipments of transport containers increased by 38% to X units, rising for the second year in a row after two years of decline. In general, exports showed measured growth. The pace of growth appeared the most rapid in 2014 when exports increased by 268%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, transport container exports skyrocketed to $X in 2022. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 454%. As a result, the exports reached the peak of $X. From 2017 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 resulted at 80% of total exports. It was distantly followed by Chile (X units), comprising a 13% share of total exports. Argentina (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to transport container exports from Brazil stood at +13.2%. At the same time, Argentina (+42.3%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +42.3% from 2012-2022. By contrast, Chile (-11.6%) illustrated a downward trend over the same period. While the share of Brazil (+47 p.p.) and Argentina (+3.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (-49.3 p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest transport container supplier in MERCOSUR, comprising 26% of total exports. The second position in the ranking was held by Chile ($X), with a 12% share of total exports.

In Brazil, transport container exports expanded at an average annual rate of +2.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (+14.6% per year) and Argentina (+13.2% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, surging by 53% against the previous year. Over the period under review, the export price showed tangible growth. The most prominent rate of growth was recorded in 2020 an increase of 554% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, 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 Chile (+29.6%), while the other leaders experienced a decline in the export price figures.

Transport Container Imports

Imports in MERCOSUR

In 2022, transport container imports in MERCOSUR rose notably to X units, picking up by 6.6% against 2021 figures. In general, imports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2015 with an increase of 157% against the previous year. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, transport container imports soared to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 45%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X units) was the key importer of transport containers, achieving 44% of total imports. Brazil (X units) ranks second in terms of the total imports with a 21% share, followed by Argentina (9.2%), Peru (7.7%) and Uruguay (7.4%). Colombia (X units) and Ecuador (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to transport container imports into Chile stood at +8.2%. At the same time, Argentina (+30.5%), Ecuador (+21.7%), Colombia (+7.8%), Peru (+2.8%) and Uruguay (+1.6%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +30.5% from 2012-2022. By contrast, Brazil (-11.6%) illustrated a downward trend over the same period. While the share of Chile (+26 p.p.), Argentina (+8.7 p.p.), Peru (+2.6 p.p.), Colombia (+2.3 p.p.), Ecuador (+2.2 p.p.) and Uruguay (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (-43.7 p.p.) displayed negative dynamics.

In value terms, Chile ($X) constitutes the largest market for imported transport containers in MERCOSUR, comprising 44% of total imports. The second position in the ranking was taken by Argentina ($X), with a 12% share of total imports. It was followed by Brazil, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile totaled +6.4%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+18.4% per year) and Brazil (-9.3% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, rising by 23% against the previous year. In general, the import price enjoyed a mild expansion. The most prominent rate of growth was recorded in 2017 an increase of 123% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Ecuador ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+7.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform