MERCOSUR: Market for Insulated electric conductors for a voltage over 1000 V 2024

Market Size for Insulated electric conductors for a voltage over 1000 V in MERCOSUR

The MERCOSUR market for insulated electric conductors for a voltage over X v was estimated at $X in 2023, surging by X% against the previous year. Overall, consumption, however, showed a slight descent. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Production of Insulated electric conductors for a voltage over X V in MERCOSUR

In value terms, production of insulated electric conductors for a voltage over X v expanded to $X in 2023 estimated in export price. In general, production, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Exports of Insulated electric conductors for a voltage over 1000 V

Exports in MERCOSUR

After two years of growth, shipments abroad of insulated electric conductors for a voltage over X v decreased by X% to X tons in 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports of attained the maximum at X tons in 2022, and then shrank slightly in the following year.

In value terms, exports of insulated electric conductors for a voltage over X v reached $X in 2023. Total exports indicated modest growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs in 2023 and are likely to see steady growth in years to come.

Exports by Country

Brazil was the key exporter of insulated electric conductors for a voltage over X v in MERCOSUR, with the volume of exports finishing at X tons, which was near X% of total exports in 2023. Colombia (X tons) held the second position in the ranking, distantly followed by Chile (X tons) and Peru (X tons). All these countries together held near X% share of total exports. The following exporters - Argentina (X tons) and Ecuador (X tons) - together made up X% of total exports.

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

In value terms, Brazil ($X) remains the largest insulated electric conductors for a voltage over X v supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Brazil totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Chile (X% per year).

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the export price increased by X%. Over the period under review, the export prices reached the maximum in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Chile (X%), while the other leaders experienced more modest paces of growth.

Imports of Insulated electric conductors for a voltage over 1000 V

Imports in MERCOSUR

In 2023, overseas purchases of insulated electric conductors for a voltage over X v decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell modestly in the following year.

In value terms, imports of insulated electric conductors for a voltage over X v contracted to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then declined modestly in the following year.

Imports by Country

In 2023, Colombia (X tons), Chile (X tons), Paraguay (X tons), Brazil (X tons), Ecuador (X tons), Peru (X tons) and Argentina (X tons) represented the main importer of insulated electric conductors for a voltage over X v in MERCOSUR, achieving X% of total import.

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

In value terms, the largest insulated electric conductors for a voltage over X v importing markets in MERCOSUR were Colombia ($X), Brazil ($X) and Chile ($X), with a combined X% share of total imports. Argentina, Paraguay, Ecuador and Peru lagged somewhat behind, together comprising a further X%.

Paraguay, with a CAGR of X%, recorded the highest growth rate of 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 ton in 2023, approximately equating the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Argentina ($X per ton) and Brazil ($X per ton), while Chile ($X per ton) and Paraguay ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform