MERCOSUR: Market for Lifts, Elevators, Moving Stairways and Draglines 2024

Market Size for Lifts, Elevators, Moving Stairways and Draglines in MERCOSUR

After two years of decline, the MERCOSUR market for lifts, elevators, moving stairways and draglines increased by X% to $X in 2022. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Production of Lifts, Elevators, Moving Stairways and Draglines in MERCOSUR

In value terms, lift, elevator, stairway and dragline production reached $X in 2022 estimated in export price. The total production indicated pronounced 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 decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Lifts, Elevators, Moving Stairways and Draglines

Exports in MERCOSUR

In 2022, shipments abroad of lifts, elevators, moving stairways and draglines increased by X% to X units for the first time since 2017, thus ending a four-year declining trend. Total exports indicated a measured 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. Based on 2022 figures, exports decreased by X% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, lift, elevator, stairway and dragline exports soared to $X in 2022. Overall, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Brazil prevails in exports structure, recording X units, which was approx. X% of total exports in 2022. Colombia (X units) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the lifts, elevators, moving stairways and draglines exports, with a CAGR of X% from 2012 to 2022. Colombia (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest lift, elevator, stairway and dragline supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, increasing by X% against the previous year. Export price indicated a strong increase from 2012 to 2022: its price 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, lift, elevator, stairway and dragline export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to continue growth in the near future.

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 Colombia ($X per unit), while Brazil stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Imports of Lifts, Elevators, Moving Stairways and Draglines

Imports in MERCOSUR

In 2022, supplies from abroad of lifts, elevators, moving stairways and draglines increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a relatively flat trend pattern. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, lift, elevator, stairway and dragline imports expanded rapidly to $X in 2022. Overall, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Chile (X units) and Brazil (X units) represented roughly X% of total imports in 2022. Colombia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Peru (X%) and Ecuador (X%). The following importers - Argentina (X units) and Guyana (X units) - each amounted to a X% share of total imports.

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

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

In terms of the main importing countries, Guyana, 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 mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, which is down by X% against the previous year. In general, the import price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per unit), while Guyana ($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 a decline in the import price figures.

Source: IndexBox Platform