MERCOSUR: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in MERCOSUR

In 2022, the MERCOSUR domestic electro-thermic appliances market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, saw a slight decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Domestic Electro-Thermic Appliances Production in MERCOSUR

In value terms, domestic electro-thermic appliances production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Domestic Electro-Thermic Appliances Exports

Exports in MERCOSUR

In 2022, after two years of growth, there was significant decline in overseas shipments of domestic electro-thermic appliances, when their volume decreased by X% to X units. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then shrank sharply in the following year.

In value terms, domestic electro-thermic appliances exports contracted modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell modestly in the following year.

Exports by Country

Brazil dominates exports structure, amounting to X units, which was near X% of total exports in 2022. Chile (X units) and Colombia (X units) followed a long way behind the leaders.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of domestic electro-thermic appliances. Colombia experienced a relatively flat trend pattern. Chile (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest domestic electro-thermic appliances supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

In Brazil, domestic electro-thermic appliances exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, rising by X% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Domestic Electro-Thermic Appliances Imports

Imports in MERCOSUR

In 2022, purchases abroad of domestic electro-thermic appliances increased by X% to X units, rising for the second consecutive year after two years of decline. Total imports indicated a tangible expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, domestic electro-thermic appliances imports fell to $X in 2022. Total imports indicated a noticeable increase 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

In 2022, Brazil (X units), Colombia (X units) and Chile (X units) represented the largest importer of domestic electro-thermic appliances in MERCOSUR, committing X% of total import. Argentina (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Peru (X%) and Ecuador (X%). Uruguay (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported domestic electro-thermic appliances in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

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

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.

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 Uruguay ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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