MERCOSUR: Compression Type Mould Market 2024

Compression Type Mould Market Size in MERCOSUR

In 2023, after three years of growth, there was significant decline in the MERCOSUR compression type mould market, when its value decreased by X% to $X. Overall, consumption showed a perceptible contraction. The level of consumption peaked at $X in 2015; however, from 2016 to 2023, consumption failed to regain momentum.

Compression Type Mould Production in MERCOSUR

In value terms, compression type mould production fell to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

Compression Type Mould Exports

Exports in MERCOSUR

In 2023, the amount of injection or compression type moulds for rubber or plastics exported in MERCOSUR reduced rapidly to X units, waning by X% against 2022. Total exports indicated mild growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, compression type mould exports reduced to $X in 2023. Total exports indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

Brazil represented the major exporter of injection or compression type moulds for rubber or plastics in MERCOSUR, with the volume of exports resulting at X units, which was near X% of total exports in 2023. Chile (X units) ranks second in terms of the total exports with a X% share, followed by Uruguay (X%). Colombia (X units), Peru (X units) and Argentina (X units) followed a long way behind the leaders.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of injection or compression type moulds for rubber or plastics. At the same time, Peru (X%), Chile (X%) and Uruguay (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. Colombia experienced a relatively flat trend pattern. By contrast, Argentina (X%) illustrated a downward trend over the same period. Chile (X p.p.) and Peru (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil and Argentina saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest compression type mould supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

In Brazil, compression type mould exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Uruguay (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2023 and is likely to see steady growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced more modest paces of growth.

Compression Type Mould Imports

Imports in MERCOSUR

After two years of growth, purchases abroad of injection or compression type moulds for rubber or plastics decreased by X% to X units in 2023. In general, imports saw a noticeable decline. The growth pace was the most rapid in 2015 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, compression type mould imports declined to $X in 2023. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Brazil (X units) was the major importer of injection or compression type moulds for rubber or plastics, comprising X% of total imports. Argentina (X units) held the second position in the ranking, distantly followed by Colombia (X units), Peru (X units) and Chile (X units). All these countries together took near X% share of total imports. Ecuador (X units) followed a long way behind the leaders.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2023. At the same time, Ecuador (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. Argentina, Peru and Colombia experienced a relatively flat trend pattern. By contrast, Chile (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Argentina, Colombia, Peru and Ecuador increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported injection or compression type moulds for rubber or plastics in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Argentina ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

In Brazil, compression type mould imports decreased by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2023, stabilizing at the previous year. In general, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 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 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Argentina ($X per unit) and Chile ($X per unit), while Peru ($X per unit) and Colombia ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform