MERCOSUR: Ferro-Titanium And Ferro-Silico-Titanium Market 2024

Ferro-Titanium And Ferro-Silico-Titanium Market Size in MERCOSUR

The MERCOSUR ferro-titanium and ferro-silico-titanium market declined rapidly to $X in 2023, with a decrease of X% against the previous year. In general, consumption, however, posted a moderate increase. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Ferro-Titanium And Ferro-Silico-Titanium Production in MERCOSUR

In value terms, ferro-titanium and ferro-silico-titanium production totaled $X in 2023 estimated in export price. Over the period under review, production, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports in MERCOSUR

In 2023, the amount of ferro-titanium and ferro-silico-titanium exported in MERCOSUR surged to X tons, growing by X% against the year before. Overall, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2019 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, ferro-titanium and ferro-silico-titanium exports soared to $X in 2023. Over the period under review, exports saw resilient growth. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The level of export peaked in 2023 and is expected to retain growth in years to come.

Exports by Country

Brazil dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2023. Chile (X tons) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2023. At the same time, Chile (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. Chile (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Brazil ($X) remains the largest ferro-titanium and ferro-silico-titanium supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

In Brazil, ferro-titanium and ferro-silico-titanium 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 ton, which is down by X% against the previous year. Over the period under review, the export price, however, recorded significant growth. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a 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 ton), while Chile amounted to $X per ton.

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

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports in MERCOSUR

Ferro-titanium and ferro-silico-titanium imports reduced notably to X tons in 2023, with a decrease of X% against the previous year's figure. Over the period under review, imports, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, ferro-titanium and ferro-silico-titanium imports fell significantly to $X in 2023. In general, imports, however, continue to indicate a moderate expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2022, and then reduced rapidly in the following year.

Imports by Country

Brazil represented the main importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Argentina (X tons), making up a X% share of total imports. Chile (X tons) took a relatively small share of total imports.

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

In value terms, Brazil ($X) constitutes the largest market for imported ferro-titanium and ferro-silico-titanium in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports.

In Brazil, ferro-titanium and ferro-silico-titanium imports expanded at 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 ton in 2023, falling by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2022, and then shrank in the following year.

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 ($X per ton), while Argentina ($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 a decline in the import price figures.

Source: IndexBox Platform