MERCOSUR: Market for Ferro-Cerium And Pyrophoric Alloys 2024

Market Size for Ferro-Cerium And Pyrophoric Alloys in MERCOSUR

The MERCOSUR ferro-cerium and pyrophoric alloys market reduced modestly to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Ferro-Cerium And Pyrophoric Alloys in MERCOSUR

In value terms, ferro-cerium and pyrophoric alloys production dropped to $X in 2022 estimated in export price. The total production indicated buoyant growth 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Ferro-Cerium And Pyrophoric Alloys

Exports in MERCOSUR

In 2022, approx. X tons of ferro-cerium and pyrophoric alloys were exported in MERCOSUR; jumping by X% on 2021 figures. Overall, exports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ferro-cerium and pyrophoric alloys exports soared to $X in 2022. In general, exports enjoyed temperate growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Brazil (X tons), together reaching X% of total export.

Brazil was also the fastest-growing in terms of the ferro-cerium and pyrophoric alloys exports, with a CAGR of X% from 2012 to 2022. While the share of Brazil (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest ferro-cerium and pyrophoric alloys supplier in MERCOSUR.

In Brazil, ferro-cerium and pyrophoric alloys exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Imports of Ferro-Cerium And Pyrophoric Alloys

Imports in MERCOSUR

In 2022, imports of ferro-cerium and pyrophoric alloys in MERCOSUR rose rapidly to X tons, growing by X% compared with the previous year. Over the period under review, imports, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ferro-cerium and pyrophoric alloys imports surged to $X in 2022. In general, imports, however, saw a deep downturn. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Chile (X tons) and Brazil (X tons) dominates imports structure, together generating X% of total imports. It was distantly followed by Argentina (X tons), creating a X% share of total imports. Suriname (X tons), Ecuador (X tons) and Peru (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Peru (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Peru, Suriname and Ecuador lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Peru, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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