MERCOSUR: Crawler Tractor Market 2024

Crawler Tractor Market Size in MERCOSUR

The MERCOSUR crawler tractor market amounted to $X.7B in 2022, leveling off at the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X.7B in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Crawler Tractor Production in MERCOSUR

In value terms, crawler tractor production amounted to $X.1B in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X.1B in 2020; however, from 2021 to 2022, production failed to regain momentum.

Crawler Tractor Exports

Exports in MERCOSUR

Crawler tractor exports dropped slightly to X units in 2022, declining by X% against 2021. Overall, exports, however, showed a resilient increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, crawler tractor exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Peru (X units) was the main exporter of crawler tractors, comprising X% of total exports. Brazil (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Chile (X%). The following exporters - Ecuador (X units), Paraguay (X units) and Suriname (X units) - each reached a X% share of total exports.

Exports from Peru increased at an average annual rate of X% from 2012 to 2022. At the same time, Chile (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Paraguay and Suriname experienced a relatively flat trend pattern. By contrast, Ecuador (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Chile and Paraguay increased by X, X and X percentage points, respectively.

In value terms, Peru ($X) remains the largest crawler tractor supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports. It was followed by Brazil, with an X% share.

In Peru, crawler tractor exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price continues to indicate mild growth. The pace of growth was the most pronounced in 2017 an increase of X%. The level of export peaked at $X per unit in 2014; however, from 2015 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 Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Crawler Tractor Imports

Imports in MERCOSUR

In 2022, overseas purchases of crawler tractors increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, crawler tractor imports soared to $X in 2022. In general, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Argentina was the largest importer of crawler tractors in MERCOSUR, with the volume of imports resulting at X units, which was near X% of total imports in 2022. It was distantly followed by Brazil (X units), Ecuador (X units), Colombia (X units), Suriname (X units) and Guyana (X units), together constituting a X% share of total imports. Peru (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to crawler tractor imports into Argentina stood at X%. At the same time, Guyana (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Suriname experienced a relatively flat trend pattern. By contrast, Peru (X%), Ecuador (X%) and Colombia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Argentina, Brazil, Guyana and Suriname increased by X, X, X and X percentage points, respectively.

In value terms, Argentina ($X) constitutes the largest market for imported crawler tractors in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Ecuador, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Argentina was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Ecuador (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Argentina ($X per unit), while Colombia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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