MERCOSUR: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in MERCOSUR

The MERCOSUR metal anchors and grapnels market contracted modestly to $X in 2023, waning by X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Iron Or Steel Anchors, Grapnels in MERCOSUR

In value terms, metal anchors and grapnels production dropped to $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.

Exports of Iron Or Steel Anchors, Grapnels

Exports in MERCOSUR

In 2023, shipments abroad of iron or steel anchors, grapnels increased by X% to X units, rising for the seventh consecutive year after two years of decline. In general, exports showed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal anchors and grapnels exports skyrocketed to $X in 2023. Overall, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil dominates exports structure, reaching X units, which was approx. X% of total exports in 2023. It was distantly followed by Colombia (X units), creating a X% share of total exports. The following exporters - Chile (X units) and Guyana (X units) - together made up X% of total exports.

Brazil was also the fastest-growing in terms of the iron or steel anchors, grapnels exports, with a CAGR of X% from 2012 to 2023. At the same time, Guyana (X%), Chile (X%) and Colombia (X%) displayed positive paces of growth. While the share of Brazil (X p.p.) and Guyana (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Colombia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) emerged as the largest metal anchors and grapnels supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by Guyana, 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: Colombia (X% per year) and Guyana (X% per year).

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, recorded a slight shrinkage. The growth pace was the most rapid in 2022 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2017; however, from 2018 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 Guyana ($X per unit), while Chile ($X per unit) was amongst the lowest.

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

Imports of Iron Or Steel Anchors, Grapnels

Imports in MERCOSUR

In 2023, purchases abroad of iron or steel anchors, grapnels increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal anchors and grapnels imports soared to $X in 2023. Over the period under review, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil dominates imports structure, accounting for X units, which was approx. X% of total imports in 2023. It was distantly followed by Chile (X units), constituting a X% share of total imports. Peru (X units), Guyana (X units) and Colombia (X units) followed a long way behind the leaders.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2023. At the same time, Guyana (X%) and Chile (X%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. Peru experienced a relatively flat trend pattern. By contrast, Colombia (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total imports, while Peru and Colombia saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported iron or steel anchors, grapnels in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($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%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Peru (X% per year).

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per unit, jumping by X% against the previous year. Import price indicated mild growth from 2012 to 2023: its price 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, metal anchors and grapnels import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($X per unit), while Chile ($X per unit) 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 mixed trends in the import price figures.

Source: IndexBox Platform