MERCOSUR: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in MERCOSUR

In 2022, after two years of growth, there was significant decline in the MERCOSUR self-propelled rock cutter market, when its value decreased by X% to $X. Over the period under review, consumption, however, saw a perceptible expansion. As a result, consumption reached the peak level of $X, and then declined rapidly in the following year.

Self-Propelled Rock Cutter Production in MERCOSUR

In value terms, self-propelled rock cutter production totaled $X in 2022 estimated in export price. The total production indicated a strong increase 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 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Self-Propelled Rock Cutter Exports

Exports in MERCOSUR

In 2022, the amount of self-propelled coal or rock cutters and tunnelling machinery exported in MERCOSUR soared to X units, picking up by X% on 2021. Over the period under review, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, self-propelled rock cutter exports soared to $X in 2022. In general, exports, however, showed a deep contraction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Chile was the largest exporting country with an export of around X units, which reached X% of total exports. Ecuador (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Peru (X%).

Chile was also the fastest-growing in terms of the self-propelled coal or rock cutters and tunnelling machinery exports, with a CAGR of X% from 2012 to 2022. Peru (X%) and Ecuador (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Peru (X p.p.) and Ecuador (X p.p.) displayed negative dynamics.

In value terms, Chile ($X), Peru ($X) and Ecuador ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Peru, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2018 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.

Self-Propelled Rock Cutter Imports

Imports in MERCOSUR

After four years of growth, overseas purchases of self-propelled coal or rock cutters and tunnelling machinery decreased by X% to X units in 2022. Over the period under review, imports saw a pronounced shrinkage. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X units in 2021, and then reduced markedly in the following year.

In value terms, self-propelled rock cutter imports reduced dramatically to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Peru (X units) represented the largest importer of self-propelled coal or rock cutters and tunnelling machinery, mixing up X% of total imports. Brazil (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Ecuador (X%). Chile (X units) and Argentina (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to self-propelled rock cutter imports into Peru stood at X%. At the same time, Argentina (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Ecuador experienced a relatively flat trend pattern. By contrast, Chile (X%) and Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Peru, Argentina and Ecuador increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) constitutes the largest market for imported self-propelled coal or rock cutters and tunnelling machinery in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports. It was followed by Ecuador, with a X% share.

In Peru, self-propelled rock cutter imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Ecuador (X% per year).

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, however, recorded moderate growth. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the import prices remained at a somewhat 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 ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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