MERCOSUR: Crane Market 2024

Crane Market Size in MERCOSUR

The MERCOSUR crane market rose markedly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, showed a deep contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Crane Production in MERCOSUR

In value terms, crane production totaled $X in 2022 estimated in export price. Over the period under review, production saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Crane Exports

Exports in MERCOSUR

In 2022, crane exports in MERCOSUR fell significantly to X units, waning by X% compared with 2021. Over the period under review, exports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, crane exports reduced to $X in 2022. In general, exports saw a slight setback. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Brazil (X units) was the major exporter of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane, creating X% of total exports. Chile (X units) took the second position in the ranking, distantly followed by Peru (X units) and Ecuador (X units). All these countries together took approx. X% share of total exports. The following exporters - Venezuela (X units), Colombia (X units) and Suriname (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to crane exports from Brazil stood at X%. At the same time, Peru (X%), Ecuador (X%) and Suriname (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%), Colombia (X%) and Venezuela (X%) illustrated a downward trend over the same period. Brazil (X p.p.), Peru (X p.p.) and Ecuador (X p.p.) significantly strengthened its position in terms of the total exports, while Colombia, Chile and Venezuela saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Brazil, crane 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 Ecuador (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Crane Imports

Imports in MERCOSUR

In 2022, the amount of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane imported in MERCOSUR expanded significantly to X units, surging by X% on the year before. In general, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, crane imports stood at $X in 2022. Over the period under review, imports, however, saw a abrupt curtailment. 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 reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Chile (X units) and Brazil (X units) were the key importers of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane in 2022, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Argentina (X units), Peru (X units), Ecuador (X units), Uruguay (X units) and Colombia (X units), together committing a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest crane importing markets in MERCOSUR were Chile ($X), Brazil ($X) and Argentina ($X), with a combined X% share of total imports. Peru, Ecuador, Colombia and Uruguay lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ecuador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 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 Ecuador ($X per unit), while Uruguay ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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