MERCOSUR: Coarse Animal Hair Market 2024

Coarse Animal Hair Market Size in MERCOSUR

In 2022, after two years of growth, there was significant decline in the MERCOSUR coarse animal hair market, when its value decreased by X% to $X. The total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Coarse Animal Hair Production in MERCOSUR

In value terms, coarse animal hair production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Coarse Animal Hair Exports

Exports in MERCOSUR

In 2022, after three years of decline, there was significant growth in overseas shipments of coarse animal hair, when their volume increased by X% to X tons. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, coarse animal hair exports surged to $X in 2022. In general, exports, however, faced a abrupt shrinkage. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

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

Peru was also the fastest-growing in terms of the coarse animal hair exports, with a CAGR of X% from 2012 to 2022. Argentina (X%) illustrated a downward trend over the same period. While the share of Peru (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Argentina (X p.p.) displayed negative dynamics.

In value terms, Peru ($X) remains the largest coarse animal hair supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Peru totaled X%.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while Argentina stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%).

Coarse Animal Hair Imports

Imports in MERCOSUR

In 2022, overseas purchases of coarse animal hair increased by X% to X kg for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, showed a noticeable slump. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, coarse animal hair imports dropped to $X in 2022. In general, imports, however, showed a noticeable setback. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Peru (X kg) was the major importer of coarse animal hair, creating X% of total imports. It was distantly followed by Chile (X kg), comprising a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to coarse animal hair imports into Peru stood at X%. At the same time, Chile (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Chile (X p.p.) significantly strengthened its position in terms of the total imports, while Peru saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest coarse animal hair importing markets in MERCOSUR were Peru ($X) and Chile ($X).

Chile, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price, however, showed a mild expansion. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Peru amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%).

Source: IndexBox Platform

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