MERCOSUR: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2025

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in MERCOSUR

The MERCOSUR market for tubes, pipes and hollow profiles (of iron or steel) was estimated at $X in 2021, growing by 6.9% against the previous year. Over the period under review, consumption, however, saw a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in MERCOSUR

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) totaled $X in 2021 estimated in export price. In general, production showed a deep downturn. The growth pace was the most rapid in 2017 with an increase of 2.8% against the previous year. Over the period under review, production of reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Exports in MERCOSUR

In 2021, exports of tubes, pipes and hollow profiles (of iron or steel) in MERCOSUR shrank to X tons, with a decrease of -7.5% compared with the year before. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 90% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) dropped to $X in 2021. In general, exports faced a deep reduction. The growth pace was the most rapid in 2017 when exports increased by 68%. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil dominates steel) structure, amounting to X tons, which was near 75% of total exports in 2021. Ecuador (X tons) took an 8.3% share (based on physical terms) of total exports, which put it in second place, followed by Uruguay (4.8%), Peru (4.7%) and Colombia (4.7%).

Exports from Brazil increased at an average annual rate of +2.8% from 2012 to 2021. At the same time, Peru (+17.5%) and Ecuador (+9.6%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +17.5% from 2012-2021. By contrast, Uruguay (-4.5%) and Colombia (-13.5%) illustrated a downward trend over the same period. Brazil (+49 p.p.), Ecuador (+6.7 p.p.), Peru (+4.2 p.p.) and Uruguay (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Colombia saw its share reduced by -2.9% from 2012 to 2021, respectively.

In value terms, Brazil ($X) remains the largest iron or steel pipe and tube supplier in MERCOSUR, comprising 69% of total exports. The second position in the ranking was held by Uruguay ($X), with a 10% share of total exports. It was followed by Ecuador, with a 7.4% share.

In Brazil, exports of tubes, pipes and hollow profiles (of iron or steel) decreased by an average annual rate of -3.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Uruguay (-6.0% per year) and Ecuador (+11.0% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, flattening at the previous year. In general, the export price showed a perceptible setback. The growth pace was the most rapid in 2014 when the export price increased by 12%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, 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 Uruguay ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+1.3%), while the other leaders experienced a decline in the export price figures.

Imports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Imports in MERCOSUR

In 2021, purchases abroad of tubes, pipes and hollow profiles (of iron or steel) was finally on the rise to reach X tons after two years of decline. In general, imports, however, saw a deep contraction. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) soared to $X in 2021. Overall, imports, however, saw a abrupt slump. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of imports of tubes, pipes and hollow profiles (of iron or steel) in 2021 were Colombia (X tons), Peru (X tons), Chile (X tons) and Brazil (X tons), together accounting for 80% of total import. Ecuador (X tons) ranks next in terms of the total imports with an 8.6% share, followed by Argentina (4.6%). Uruguay (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uruguay (with a CAGR of +9.2%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Brazil ($X), Colombia ($X) and Peru ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 64% share of total imports. These countries were followed by Chile, Argentina, Ecuador and Uruguay, which together accounted for a further 33%.

Among the main importing countries, Uruguay, with a CAGR of +8.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, growing by 5.7% against the previous year. Over the period under review, the import price, however, recorded a slight curtailment. The pace of growth was the most pronounced in 2019 an increase of 6.3%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+1.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform