MERCOSUR: Market for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process 2024

Market Size for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in MERCOSUR

After two years of growth, the MERCOSUR market for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a pronounced contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in MERCOSUR

In value terms, production of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process reduced to $X in 2022 estimated in export price. Overall, production, however, recorded a prominent increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

Exports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Exports in MERCOSUR

In 2022, shipments abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process surged to $X in 2022. In general, exports, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Brazil dominates process structure, amounting to X units, which was near X% of total exports in 2022. Chile (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (X%). Peru (X units) held a minor share of total exports.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Peru (X%) and Chile (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, 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 saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest machinery for material treatment by heating or cooling process supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

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

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price recorded notable growth. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per unit), while Chile ($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 Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Imports in MERCOSUR

In 2022, purchases abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process increased by X% to X units, rising for the third year in a row after three years of decline. In general, imports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process expanded significantly to $X in 2022. Overall, imports, however, recorded a drastic downturn. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Brazil (X units) and Chile (X units) represented the major importers of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process in 2022, finishing at near X% and X% of total imports, respectively. Colombia (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Peru (X%), Uruguay (X%) and Ecuador (X%). Argentina (X units) took a little share of total imports.

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

In value terms, the largest machinery for material treatment by heating or cooling process importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Argentina ($X), with a combined X% share of total imports. Colombia, Peru, Ecuador and Uruguay lagged somewhat behind, together accounting for a further X%.

Ecuador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, showed a deep slump. The pace of growth was the most pronounced 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 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Argentina ($X per unit), while Uruguay ($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 import price figures.

Source: IndexBox Platform

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