MERCOSUR: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2024

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports in MERCOSUR

Ultraviolet, infrared, or arc lamp exports was estimated at X units in 2021, surging by 15% on the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 47%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, ultraviolet, infrared, or arc lamp exports soared to $X in 2021. In general, exports, however, faced a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by 119% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil represented the largest exporter of ultraviolet or infrared lamps and arc lamps in MERCOSUR, with the volume of exports amounting to X units, which was near 48% of total exports in 2021. It was distantly followed by Colombia (X units), Argentina (X units) and Chile (X units), together committing a 45% share of total exports. Peru (X units) and Uruguay (X units) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +13.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest ultraviolet, infrared, or arc lamp supplier in MERCOSUR, comprising 66% of total exports. The second position in the ranking was held by Colombia ($X), with a 9.4% share of total exports. It was followed by Chile, with a 9.1% share.

In Brazil, ultraviolet, infrared, or arc lamp exports expanded at an average annual rate of +5.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Colombia (+0.3% per year) and Chile (-29.3% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per unit, increasing by 13% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 when the export price increased by 192%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Peru ($X per unit), while Uruguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+3.6%), while the other leaders experienced a decline in the export price figures.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports in MERCOSUR

In 2021, purchases abroad of ultraviolet or infrared lamps and arc lamps increased by 0.7% to X units, rising for the second year in a row after two years of decline. Total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +30.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 67%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, ultraviolet, infrared, or arc lamp imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil was the main importing country with an import of about X units, which resulted at 64% of total imports. Colombia (X units) ranks second in terms of the total imports with a 15% share, followed by Argentina (5.1%) and Ecuador (5%). The following importers - Peru (X units), Chile (X units) and Paraguay (X units) - each recorded a 9.8% share of total imports.

Imports into Brazil increased at an average annual rate of +10.5% from 2012 to 2021. At the same time, Ecuador (+16.2%), Peru (+5.2%) and Paraguay (+4.4%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +16.2% from 2012-2021. By contrast, Chile (-3.1%), Colombia (-4.2%) and Argentina (-6.2%) illustrated a downward trend over the same period. While the share of Brazil (+26 p.p.) and Ecuador (+3.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Chile (-3 p.p.), Argentina (-8 p.p.) and Colombia (-16.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2021, with a combined 68% share of total imports. These countries were followed by Colombia, Peru, Ecuador and Paraguay, which together accounted for a further 26%.

Ecuador, with a CAGR of +12.5%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 unit in 2021, rising by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2018 an increase of 21%. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform