MERCOSUR: Market for Machine Tools For Working Metal Without Removing Metal 2024

Market Size for Machine Tools For Working Metal Without Removing Metal in MERCOSUR

The MERCOSUR machine tool for metal market stood at $X in 2022, stabilizing at the previous year. Overall, consumption showed a buoyant increase. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Machine Tools For Working Metal Without Removing Metal in MERCOSUR

In value terms, machine tool for metal production reached $X in 2022 estimated in export price. Overall, production posted a prominent increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Machine Tools For Working Metal Without Removing Metal

Exports in MERCOSUR

In 2022, overseas shipments of machine tools for working metal without removing metal increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, machine tool for metal exports soared to $X in 2022. Overall, exports saw a modest increase. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile dominates exports structure, finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Brazil (X units), Colombia (X units) and Peru (X units), together constituting a X% share of total exports.

Exports from Chile increased at an average annual rate of X% from 2012 to 2022. At the same time, Peru (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) and Colombia (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Peru (X p.p.) and Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Colombia (X p.p.) displayed negative dynamics.

In value terms, Chile ($X) emerged as the largest machine tool for metal supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

In Chile, machine tool for metal exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Peru (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain 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 ($X per unit), while Colombia ($X per unit) was amongst the lowest.

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

Imports of Machine Tools For Working Metal Without Removing Metal

Imports in MERCOSUR

In 2022, imports of machine tools for working metal without removing metal in MERCOSUR surged to X units, picking up by X% on 2021. Overall, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, machine tool for metal imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2019 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Peru (X units) represented the major importer of machine tools for working metal without removing metal, comprising X% of total imports. It was distantly followed by Argentina (X units), achieving a X% share of total imports. Colombia (X units), Chile (X units) and Brazil (X units) held a little share of total imports.

Peru was also the fastest-growing in terms of the machine tools for working metal without removing metal imports, with a CAGR of X% from 2012 to 2022. At the same time, Colombia (X%), Argentina (X%) and Chile (X%) displayed positive paces of growth. By contrast, Brazil (X%) illustrated a downward trend over the same period. While the share of Peru (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Chile (X p.p.), Brazil (X p.p.) and Argentina (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machine tool for metal importing markets in MERCOSUR were Peru ($X), Argentina ($X) and Brazil ($X), together accounting for X% of total imports.

Peru, with a CAGR of X%, 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

In 2022, the import price in MERCOSUR amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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