MERCOSUR: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in MERCOSUR

In 2023, the MERCOSUR lathe for removing metal market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Over the period under review, consumption recorded a pronounced decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Lathes For Removing Metal in MERCOSUR

In value terms, lathe for removing metal production fell to $X in 2023 estimated in export price. In general, production recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

Exports of Lathes For Removing Metal

Exports in MERCOSUR

After four years of growth, shipments abroad of lathes for removing metal decreased by X% to X units in 2023. Overall, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the lafor removing metal exports hit record highs at X units in 2022, and then shrank in the following year.

In value terms, lathe for removing metal exports shrank to $X in 2023. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

Argentina (X units) and Brazil (X units) prevails in exports structure, together committing X% of total exports. The following exporters - Colombia (X units) and Peru (X units) - each finished at a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Argentina (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Brazil ($X) remains the largest lathe for removing metal supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Brazil was relatively modest. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Peru (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2023, surging by X% against the previous year. In general, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Argentina ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the export price figures.

Imports of Lathes For Removing Metal

Imports in MERCOSUR

After two years of growth, supplies from abroad of lathes for removing metal decreased by X% to X units in 2023. In general, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Over the period under review, lafor removing metal imports hit record highs at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, lathe for removing metal imports contracted to $X in 2023. Over the period under review, imports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, lafor removing metal imports attained the maximum at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Brazil was the key importing country with an import of around X units, which finished at X% of total imports. Argentina (X units) took the second position in the ranking, followed by Chile (X units), Peru (X units) and Colombia (X units). All these countries together took near X% share of total imports. Ecuador (X units) held a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to lathe for removing metal imports into Brazil stood at X%. At the same time, Chile (X%), Ecuador (X%), Colombia (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Peru (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Argentina (X p.p.), Colombia (X p.p.) and Ecuador (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Peru (X p.p.) and Brazil (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) constitutes the largest market for imported lathes for removing metal in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

In Brazil, lathe for removing metal imports plunged by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2023, rising by X% against the previous year. In general, the import price, however, saw a perceptible decline. The growth pace was the most rapid in 2013 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 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Brazil ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform