MERCOSUR: Concrete Reinforcing Bar Market 2024

Concrete Reinforcing Bar Market Size in MERCOSUR

The MERCOSUR concrete reinforcing bar market dropped to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Concrete Reinforcing Bar Production in MERCOSUR

In value terms, concrete reinforcing bar production dropped modestly to $X in 2022 estimated in export price. Overall, production showed a slight descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Concrete Reinforcing Bar Exports

Exports in MERCOSUR

In 2022, shipments abroad of concrete reinforcing bars increased by X% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated perceptible growth from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, concrete reinforcing bar exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

Brazil was the major exporter of concrete reinforcing bars in MERCOSUR, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Peru (X tons), making up a X% share of total exports. Argentina (X tons) and Venezuela (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to concrete reinforcing bar exports from Brazil stood at X%. At the same time, Venezuela (X%) and Peru (X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, 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. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (X% per year) and Argentina (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Argentina ($X per ton) and Brazil ($X per ton), while Venezuela ($X per ton) and Peru ($X per ton) were amongst the lowest.

From 2012 to 2022, 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.

Concrete Reinforcing Bar Imports

Imports in MERCOSUR

In 2022, imports of concrete reinforcing bars in MERCOSUR shrank notably to X tons, reducing by X% against the year before. Overall, imports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, concrete reinforcing bar imports expanded modestly to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Peru (X tons), distantly followed by Colombia (X tons), Brazil (X tons), Chile (X tons), Argentina (X tons) and Paraguay (X tons) were the largest importers of concrete reinforcing bars, together achieving X% of total imports. Guyana (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Guyana (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concrete reinforcing bar importing markets in MERCOSUR were Peru ($X), Colombia ($X) and Brazil ($X), with a combined X% share of total imports. Chile, Argentina, Paraguay and Guyana lagged somewhat behind, together accounting for a further X%.

Guyana, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 ton in 2022, with an increase of X% against the previous year. Import price indicated measured growth from 2012 to 2022: its price 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, concrete reinforcing bar import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Brazil ($X per ton) and Paraguay ($X per ton), while Chile ($X per ton) and Colombia ($X per ton) were amongst the lowest.

From 2012 to 2022, 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

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