MERCOSUR: Sealed Beam Market 2024

Sealed Beam Market Size in MERCOSUR

In 2023, the MERCOSUR sealed beam market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption, however, saw a abrupt contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Sealed Beam Production in MERCOSUR

In value terms, sealed beam production declined slightly to $X in 2023 estimated in export price. Overall, production recorded temperate growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

Sealed Beam Exports

Exports in MERCOSUR

Sealed beam exports soared to X units in 2023, rising by X% against 2022. In general, exports, however, continue to indicate a mild downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked at X units in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, sealed beam exports soared to $X in 2023. Overall, exports, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Venezuela (X units) was the largest exporter of sealed beam lamp units, creating X% of total exports. It was distantly followed by Brazil (X units), Colombia (X units) and Chile (X units), together making up a X% share of total exports. Peru (X units) followed a long way behind the leaders.

Exports from Venezuela decreased at an average annual rate of X% from 2012 to 2023. At the same time, Peru (X%), Colombia (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Chile (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Colombia and Brazil increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X), Brazil ($X) and Colombia ($X) appeared to be the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

Colombia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per unit, declining by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 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 Chile ($X per unit), while Venezuela (less than $X per unit) was amongst the lowest.

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

Sealed Beam Imports

Imports in MERCOSUR

In 2023, purchases abroad of sealed beam lamp units increased by X% to X units, rising for the third consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a mild decrease. The growth pace was the most rapid in 2022 with an increase of X%. The volume of import peaked at X units in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, sealed beam imports rose to $X in 2023. Overall, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Chile (X units) and Paraguay (X units) prevails in imports structure, together creating X% of total imports. It was distantly followed by Brazil (X units), making up a X% share of total imports. The following importers - Venezuela (X units), Peru (X units) and Argentina (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Chile (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Chile ($X), Brazil ($X) and Peru ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Peru, with a CAGR of X%, saw the highest rates of growth with regard to 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 unit in 2023, reducing by X% against the previous year. In general, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2023, the 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 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 Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform