MERCOSUR: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in MERCOSUR

In 2022, the MERCOSUR market for buckets, shovels, grabs and grips for ships derricks and cranes decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption recorded a prominent increase. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in MERCOSUR

In value terms, ship derrick buckets and shovels production declined to $X in 2022 estimated in export price. The total production indicated notable 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports in MERCOSUR

In 2022, after two years of decline, there was significant growth in shipments abroad of buckets, shovels, grabs and grips for ships derricks and cranes, when their volume increased by X% to X units. Overall, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, ship derrick buckets and shovels exports soared to $X in 2022. Total exports indicated a notable expansion 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 decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile was the main exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Brazil (X units), achieving a X% share of total exports. Peru (X units) held a relatively small share of total exports.

Chile was also the fastest-growing in terms of the buckets, shovels, grabs and grips for ships derricks and cranes exports, with a CAGR of X% from 2012 to 2022. Brazil (X%) and Peru (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile increased by X percentage points.

In value terms, Chile ($X) remains the largest ship derrick buckets and shovels supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, approximately mirroring the previous year. Over the period under review, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced a decline in the export price figures.

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports in MERCOSUR

In 2022, approx. X units of buckets, shovels, grabs and grips for ships derricks and cranes were imported in MERCOSUR; surging by X% on the previous year. Overall, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, ship derrick buckets and shovels imports declined sharply to $X in 2022. Over the period under review, imports enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped rapidly in the following year.

Imports by Country

In 2022, Brazil (X units) was the main importer of buckets, shovels, grabs and grips for ships derricks and cranes, constituting X% of total imports. Chile (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Peru (X%). Ecuador (X units), Argentina (X units) and Suriname (X units) held a relatively small share of total imports.

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

In value terms, the largest ship derrick buckets and shovels importing markets in MERCOSUR were Chile ($X), Brazil ($X) and Peru ($X), together comprising X% of total imports.

Among the main importing countries, Brazil, 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Chile ($X per unit), while Suriname ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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