MERCOSUR: Market for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V 2024

Market Size for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V in MERCOSUR

The MERCOSUR electrical board and console market stood at $X in 2022, surging by X% against the previous year. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding X V in MERCOSUR

In value terms, electrical board and console production rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in years to come.

Exports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Exports in MERCOSUR

Electrical board and console exports soared to X units in 2022, increasing by X% compared with 2021. In general, exports, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electrical board and console exports rose notably to $X in 2022. Overall, exports, however, showed a deep downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil (X units) and Suriname (X units) represented roughly X% of total exports in 2022. It was distantly followed by Colombia (X units) and Argentina (X units), together mixing up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Suriname (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Brazil ($X) remains the largest electrical board and console supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Argentina, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Suriname ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the export price figures.

Imports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Imports in MERCOSUR

In 2022, approx. X units of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v were imported in MERCOSUR; rising by X% against 2021 figures. In general, imports continue to indicate tangible growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electrical board and console imports soared to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Chile (X units) and Brazil (X units) represented roughly X% of total imports in 2022. Colombia (X units) ranks next in terms of the total imports with an X% share, followed by Peru (X%), Ecuador (X%), Argentina (X%) and Paraguay (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Paraguay (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Brazil ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Peru, Ecuador, Paraguay and Argentina lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Paraguay, with a CAGR of X%, saw 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

In 2022, the import price in MERCOSUR amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Paraguay ($X per unit) and Argentina ($X per unit), while Chile ($X per unit) and Brazil ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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