MERCOSUR: Electroplating Machine Market 2024

Electroplating Machine Market Size in MERCOSUR

In 2023, the MERCOSUR electroplating machine market increased by X% to $X, rising for the fifth consecutive year after three years of decline. Overall, consumption showed resilient growth. Over the period under review, the market reached the maximum level in 2023 and is expected to retain growth in the near future.

Electroplating Machine Production in MERCOSUR

In value terms, electroplating machine production reached $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Electroplating Machine Exports

Exports in MERCOSUR

In 2023, after three years of decline, there was significant growth in overseas shipments of machines for electroplating, electrolysis or electrophoresis, when their volume increased by X% to X units. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, electroplating machine exports soared to $X in 2023. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

Peru represented the main exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Brazil (X units), generating a X% share of total exports.

Peru was also the fastest-growing in terms of the machines for electroplating, electrolysis or electrophoresis exports, with a CAGR of X% from 2012 to 2023. At the same time, Brazil (X%) displayed positive paces of growth. Peru (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Brazil, electroplating machine exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 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 Peru amounted to $X per unit.

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

Electroplating Machine Imports

Imports in MERCOSUR

In 2023, after two years of decline, there was significant growth in supplies from abroad of machines for electroplating, electrolysis or electrophoresis, when their volume increased by X% to X units. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, electroplating machine imports stood at $X in 2023. Overall, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Paraguay prevails in imports structure, reaching X units, which was approx. X% of total imports in 2023. It was distantly followed by Brazil (X units), comprising a X% share of total imports. Chile (X units) held a little share of total imports.

Imports into Paraguay increased at an average annual rate of X% from 2012 to 2023. At the same time, Chile (X%) and Brazil (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. From 2012 to 2023, the share of Paraguay increased by X percentage points.

In value terms, Brazil ($X) constitutes the largest market for imported machines for electroplating, electrolysis or electrophoresis in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports.

In Brazil, electroplating machine 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: Chile (X% per year) and Paraguay (X% per year).

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price saw a sharp descent. The growth pace was the most rapid in 2022 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per unit), while Paraguay ($X per unit) 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 a decline in the import price figures.

Source: IndexBox Platform