MERCOSUR: Market for Vacuum Cleaners With Motor 2024

Market Size for Vacuum Cleaners With Motor in MERCOSUR

In 2022, after three years of growth, there was significant decline in the MERCOSUR vacuum cleaner with motor market, when its value decreased by X% to $X. Over the period under review, consumption, however, showed a notable increase. As a result, consumption attained the peak level of $X, and then shrank sharply in the following year.

Production of Vacuum Cleaners With Motor in MERCOSUR

In value terms, vacuum cleaner with motor production stood at $X in 2022 estimated in export price. In general, production, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Vacuum Cleaners With Motor

Exports in MERCOSUR

In 2022, overseas shipments of vacuum cleaners with motor decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of export peaked at X units in 2021, and then reduced dramatically in the following year.

In value terms, vacuum cleaner with motor exports rose rapidly to $X in 2022. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Brazil (X units) was the largest exporter of vacuum cleaners with motor, committing X% of total exports. It was distantly followed by Chile (X units), achieving a X% share of total exports. Colombia (X units) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Chile experienced a relatively flat trend pattern. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest vacuum cleaner with motor supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports.

In Brazil, vacuum cleaner with motor 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

The export price in MERCOSUR stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, showed a deep contraction. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Brazil (X%), while the other leaders experienced a decline in the export price figures.

Imports of Vacuum Cleaners With Motor

Imports in MERCOSUR

In 2022, after three years of growth, there was significant decline in overseas purchases of vacuum cleaners with motor, when their volume decreased by X% to X units. Overall, imports, however, showed moderate growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then reduced notably in the following year.

In value terms, vacuum cleaner with motor imports declined rapidly to $X in 2022. Over the period under review, imports, however, showed a temperate expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped sharply in the following year.

Imports by Country

Brazil represented the main importer of vacuum cleaners with motor in MERCOSUR, with the volume of imports accounting for X units, which was near X% of total imports in 2022. It was distantly followed by Chile (X units), Argentina (X units) and Colombia (X units), together generating a X% share of total imports. The following importers - Peru (X units), Uruguay (X units) and Ecuador (X units) - together made up X% of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of vacuum cleaners with motor. At the same time, Uruguay (X%), Colombia (X%), Chile (X%), Argentina (X%), Ecuador (X%) and Peru (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. While the share of Chile (X p.p.), Colombia (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vacuum cleaner with motor importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Argentina ($X), with a combined X% share of total imports. Colombia, Peru, Uruguay and Ecuador lagged somewhat behind, together accounting for a further X%.

Uruguay, 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

The import price in MERCOSUR stood at $X per unit in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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