Latin America and the Caribbean: Concrete Mixer Market 2024

Concrete Mixer Market Size in Latin America and the Caribbean

In 2022, the Latin American concrete mixer market decreased by X% to $X, falling for the third year in a row after two years of growth. In general, consumption recorded a perceptible contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Concrete Mixer Production in Latin America and the Caribbean

In value terms, concrete mixer production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Concrete Mixer Exports

Exports in Latin America and the Caribbean

In 2022, the amount of concrete or mortar mixers exported in Latin America and the Caribbean expanded to X units, with an increase of X% on the previous year. Total exports indicated resilient 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 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, concrete mixer exports rose notably 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 pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Mexico was the key exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Brazil (X units), generating a X% share of total exports. Argentina (X units) held a minor share of total exports.

Mexico was also the fastest-growing in terms of the concrete or mortar mixers exports, with a CAGR of X% from 2012 to 2022. At the same time, Brazil (X%) displayed positive paces of growth. By contrast, Argentina (X%) illustrated a downward trend over the same period. While the share of Mexico (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) and Argentina (X p.p.) displayed negative dynamics.

In value terms, Mexico ($X) remains the largest concrete mixer supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Mexico stood at X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Argentina (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Brazil ($X per unit) was 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 a decline in the export price figures.

Concrete Mixer Imports

Imports in Latin America and the Caribbean

In 2022, concrete mixer imports in Latin America and the Caribbean reduced remarkably to X units, dropping by X% against 2021 figures. Over the period under review, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, concrete mixer imports shrank sharply to $X in 2022. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of concrete mixer imports in 2022 were Colombia (X units), Chile (X units), Guatemala (X units), Peru (X units), Brazil (X units), Argentina (X units), Jamaica (X units), the Dominican Republic (X units), Paraguay (X units), Bolivia (X units), Guyana (X units) and Mexico (X units), together finishing at X% of total import. El Salvador (X units) followed a long way behind the leaders.

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

In value terms, the largest concrete mixer importing markets in Latin America and the Caribbean were Chile ($X), Guatemala ($X) and Brazil ($X), with a combined X% share of total imports. Colombia, Argentina, the Dominican Republic, Peru, Bolivia, Mexico, El Salvador, Paraguay, Guyana and Jamaica lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Guyana, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 Latin America and the Caribbean stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price, however, recorded a mild decline. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :