MERCOSUR: Metal-Reinforced Rubber Hose Market 2024

Metal-Reinforced Rubber Hose Exports

Exports in MERCOSUR

In 2023, the amount of rubber hose reinforced with metal exported in MERCOSUR skyrocketed to X tons, surging by X% on the previous year's figure. In general, exports showed a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports remained at a lower figure.

In value terms, metal-reinforced rubber hose exports soared to $X in 2023. Over the period under review, exports posted strong growth. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil was the key exporter of rubber hose reinforced with metal in MERCOSUR, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2023. Peru (X tons) held the second position in the ranking, distantly followed by Chile (X tons). All these countries together took approx. X% share of total exports. Colombia (X tons) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2023. At the same time, Colombia (X%), Peru (X%) and Chile (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. Peru (X p.p.), Colombia (X p.p.) and 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 ($X) remains the largest metal-reinforced rubber hose supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

In Brazil, metal-reinforced rubber hose exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Peru (X% per year) and Chile (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton 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 Chile ($X per ton), while Colombia ($X per ton) 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 export price figures.

Metal-Reinforced Rubber Hose Imports

Imports in MERCOSUR

In 2023, after two years of growth, there was significant decline in supplies from abroad of rubber hose reinforced with metal, when their volume decreased by X% to X tons. In general, imports, however, recorded a notable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2022, and then reduced dramatically in the following year.

In value terms, metal-reinforced rubber hose imports dropped sharply to $X in 2023. Total imports indicated a measured expansion 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2022, and then contracted markedly in the following year.

Imports by Country

Brazil dominates imports structure, amounting to X tons, which was approx. X% of total imports in 2023. It was distantly followed by Peru (X tons), Argentina (X tons), Colombia (X tons) and Chile (X tons), together constituting a X% share of total imports. Ecuador (X tons) held a relatively small share of total imports.

Brazil was also the fastest-growing in terms of the rubber hose reinforced with metal imports, with a CAGR of X% from 2012 to 2023. At the same time, Peru (X%), Argentina (X%), Ecuador (X%), Colombia (X%) and Chile (X%) displayed positive paces of growth. From 2012 to 2023, the share of Brazil increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Brazil totaled X%. In the other countries, the average annual rates were as follows: Chile (X% per year) and Peru (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. Overall, the import price, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2022 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per ton), while Ecuador ($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