MERCOSUR: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in MERCOSUR

The MERCOSUR pyrotechnic articles market reduced to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption recorded a abrupt decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Pyrotechnic Articles Production in MERCOSUR

In value terms, pyrotechnic articles production shrank to $X in 2023 estimated in export price. Overall, production saw a abrupt shrinkage. The growth pace was the most rapid in 2022 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Pyrotechnic Articles Exports

Exports in MERCOSUR

In 2023, approx. X tons of signalling flares, rain rockets, fog signals and other pyrotechnic articles were exported in MERCOSUR; shrinking by X% compared with the year before. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, pyrotechnic articles exports reduced to $X in 2023. Overall, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Peru dominates exports structure, recording X tons, which was approx. X% of total exports in 2023. Brazil (X tons) took a little share of total exports.

Peru was also the fastest-growing in terms of the signalling flares, rain rockets, fog signals and other pyrotechnic articles exports, with a CAGR of X% from 2012 to 2023. 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 exports from 2012-2023, the share of Brazil (X p.p.) displayed negative dynamics.

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

In Peru, pyrotechnic articles exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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 ton), while Peru amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%).

Pyrotechnic Articles Imports

Imports in MERCOSUR

In 2023, supplies from abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are expected to retain growth in the immediate term.

In value terms, pyrotechnic articles imports surged to $X in 2023. Over the period under review, imports enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

Imports by Country

In 2023, Peru (X tons) represented the major importer of signalling flares, rain rockets, fog signals and other pyrotechnic articles, comprising X% of total imports. Argentina (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%), Brazil (X%) and Colombia (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Peru (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) constitutes the largest market for imported signalling flares, rain rockets, fog signals and other pyrotechnic articles in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with an X% share of total imports. It was followed by Argentina, with a X% share.

In Chile, pyrotechnic articles imports expanded at 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: Brazil (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2023, import prices remained at a 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 Chile ($X per ton), while Peru ($X per ton) 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 mixed trends in the import price figures.

Source: IndexBox Platform