Report Update: Apr 1, 2024

Argentina - Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane - Market Analysis, Forecast, Size, Trends and Insights

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Crane Price in Argentina - 2023

Crane Price in Argentina (CIF) - 2022

In 2022, the average crane import price amounted to $13,999 per unit, falling by -6.2% against the previous year. In general, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 44% against the previous year. As a result, import price attained the peak level of $22,855 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($22,594 per unit), while the price for the United States ($5,549 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Crane Price in Argentina (FOB) - 2022

The average crane export price stood at $23,827 per unit in 2022, remaining relatively unchanged against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crane export price decreased by -4.9% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 50% against the previous year. As a result, the export price reached the peak level of $25,046 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($104,752 per unit), while the average price for exports to Italy ($4,601 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Crane Imports in Argentina

In 2022, crane imports into Argentina skyrocketed to 5.2K units, growing by 76% against 2021 figures. Over the period under review, imports, however, continue to indicate a noticeable slump. Over the period under review, imports hit record highs at 5.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, crane imports skyrocketed to $72M in 2022. Overall, imports, however, recorded a pronounced decline. Over the period under review, imports hit record highs at $82M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Crane in Argentina (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	22.2	5.0	10.1	17.3	-8.0%
Brazil	4.4	4.2	8.4	12.4	41.3%
Italy	11.9	5.0	6.1	12.2	0.8%
Germany	15.3	3.4	6.1	6.4	-25.2%
United States	5.4	2.3	0.6	6.0	3.6%
Ireland	8.8	5.8	3.9	5.1	-16.6%
Spain	4.7	1.2	3.3	3.3	-11.1%
Others	9.6	5.2	5.1	9.4	-0.7%
Total	82.3	32.1	43.6	72.2	-4.3%

Top Suppliers of Crane to Argentina in 2022:

China (1332.0 units)
United States (1080.0 units)
Brazil (830.0 units)
Italy (540.0 units)
Germany (309.0 units)
Ireland (268.0 units)
Spain (253.0 units)

Crane Exports in Argentina

In 2022, shipments abroad of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane decreased by -34.6% to 183 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 246%. As a result, the exports attained the peak of 280 units, and then shrank rapidly in the following year.

In value terms, crane exports dropped sharply to $4.4M in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 243%. As a result, the exports attained the peak of $6.8M, and then shrank rapidly in the following year.

Export of Crane in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Dominican Republic	80.2	363	3,304	2,332	207.5%
Chile	278	407	1,116	410	13.8%
Brazil	5.4	16.9	278	369	308.8%
Italy	127	249	430	297	32.7%
Peru	32.8	83.9	396	280	104.4%
Others	536	850	1,234	676	8.0%
Total	1,059	1,969	6,758	4,364	60.3%

Top Export Markets for Crane from Argentina in 2022:

Dominican Republic (98.0 units)
Italy (65.0 units)
Brazil (4.0 units)
Peru (4.0 units)
Chile (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crane market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221420 - Overhead travelling cranes on fixed support
Prodcom 28221433 - Mobile lifting frames on tyres and straddle carriers
Prodcom 28221435 - Transporter cranes, gantry cranes and bridge cranes
Prodcom 28221440 - Tower cranes and portal or pedestal jib cranes
Prodcom 28221450 - Self-propelled lifting equipment, of a kind mounted to run on rails in servicing building sites, quarries and the like
Prodcom 28221460 - Lifting equipment designed for mounting on road vehicles
Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023