Argentina: Market for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles 2024

Market Size for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Argentina

In 2021, the Argentinian market for road-sweepers, mobile workshops and other special purpose vehicles was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Argentina

In value terms, production of road-sweepers, mobile workshops and other special purpose vehicles totaled $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 36%. As a result, production attained the peak level of $X. From 2014 to 2021, production of growth failed to regain momentum.

Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Exports from Argentina

In 2021, overseas shipments of road-sweepers, mobile workshops and other special purpose vehicles decreased by -50% to X units, falling for the third consecutive year after two years of growth. In general, exports faced a sharp decline. The growth pace was the most rapid in 2017 when exports increased by 225% against the previous year. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of road-sweepers, mobile workshops and other special purpose vehicles declined markedly to $X in 2021. Overall, exports showed a significant decline. The most prominent rate of growth was recorded in 2017 with an increase of 312%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Nigeria (X units), Sweden (X units) and the United States (X units) were the main destinations of exports of road-sweepers, mobile workshops and other special purpose vehicles from Argentina. Moreover, exports of road-sweepers, mobile workshops and other special purpose vehicles in Nigeria exceeded the figures recorded by the second-largest exporter, Sweden, twofold.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +18.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X) emerged as the key foreign market for road-sweepers, mobile workshops and other special purpose vehicles exports from Argentina, comprising 66% of total exports. The second position in the ranking was taken by Nigeria ($X), with an 18% share of total exports. It was followed by the United States, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uruguay stood at -32.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (-2.1% per year) and the United States (-8.8% per year).

Export Prices by Country

The average export price for road-sweepers, mobile workshops and other special purpose vehicles stood at $X per unit in 2021, reducing by -67.4% against the previous year. In general, the export price faced a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 25% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Uruguay ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+39.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Imports into Argentina

In 2021, after two years of decline, there was significant growth in overseas purchases of road-sweepers, mobile workshops and other special purpose vehicles, when their volume increased by 108% to X units. Over the period under review, imports enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 220%. Over the period under review, imports of hit record highs at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of road-sweepers, mobile workshops and other special purpose vehicles surged to $X in 2021. Overall, imports saw a notable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 147% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Bolivia (X units) constituted the largest road-sweepers, mobile workshops and other special purpose vehicles supplier to Argentina, accounting for a 56% share of total imports. Moreover, imports of road-sweepers, mobile workshops and other special purpose vehicles from Bolivia exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was held by Italy (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Bolivia stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.3% per year) and Italy (-8.3% per year).

In value terms, the United States ($X) constituted the largest supplier of road-sweepers, mobile workshops and other special purpose vehicles to Argentina, comprising 49% of total imports. The second position in the ranking was taken by Italy ($X), with an 8% share of total imports. It was followed by Bolivia, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-9.9% per year) and Bolivia (+47.8% per year).

Import Prices by Country

In 2021, the average import price for road-sweepers, mobile workshops and other special purpose vehicles amounted to $X per unit, with a decrease of -11.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 93% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bolivia (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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