Latin America and the Caribbean: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2024

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Latin America and the Caribbean

The Latin American market for equipment for scaffolding, shuttering, propping or pit propping declined to $X in 2022, falling by X% against the previous year. In general, consumption, however, continues to indicate a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Latin America and the Caribbean

In value terms, scaffolding, shuttering, and propping equipment production stood at $X in 2022 estimated in export price. In general, production saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports in Latin America and the Caribbean

In 2022, the amount of equipment for scaffolding, shuttering, propping or pit propping exported in Latin America and the Caribbean reduced rapidly to X tons, with a decrease of X% against the previous year's figure. Total exports indicated a tangible increase 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. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports declined modestly to $X in 2022. Total exports indicated temperate 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Chile was the major exporting country with an export of around X tons, which resulted at X% of total exports. Peru (X tons) ranks second in terms of the total exports with a X% share, followed by Guatemala (X%), Colombia (X%) and Ecuador (X%). Costa Rica (X tons) and Mexico (X tons) took a relatively small share of total exports.

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

In value terms, the largest scaffolding, shuttering, and propping equipment supplying countries in Latin America and the Caribbean were Chile ($X), Peru ($X) and Colombia ($X), together comprising X% of total exports. Guatemala, Ecuador, Mexico and Costa Rica lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Ecuador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Costa Rica ($X per ton) was amongst the lowest.

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

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports in Latin America and the Caribbean

In 2022, approx. X tons of equipment for scaffolding, shuttering, propping or pit propping were imported in Latin America and the Caribbean; with an increase of X% compared with the previous year. In general, imports, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, scaffolding, shuttering, and propping equipment imports totaled $X in 2022. Over the period under review, imports, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons), Colombia (X tons), Mexico (X tons) and Peru (X tons) represented the key importer of equipment for scaffolding, shuttering, propping or pit propping in Latin America and the Caribbean, comprising X% of total import. Brazil (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (X%), Cuba (X%) and the Dominican Republic (X%). The following importers - Panama (X tons), Guatemala (X tons), Jamaica (X tons), Ecuador (X tons) and Bolivia (X tons) - each amounted to a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Jamaica (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Mexico ($X) and Peru ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Colombia, Cuba, Brazil, Argentina, the Dominican Republic, Panama, Bolivia, Ecuador, Guatemala and Jamaica lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Panama, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Cuba ($X per ton), while Jamaica ($X per ton) 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

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