Argentina: Mounting Lifting Equipment Market 2025

Mounting Lifting Equipment Market Size in Argentina

In 2021, the Argentinian mounting lifting equipment market increased by 28% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption continues to indicate measured growth. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Mounting Lifting Equipment Exports

Exports from Argentina

In 2021, exports of lifting equipment designed for mounting on road vehicles from Argentina soared to X units, growing by 110% against the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, mounting lifting equipment exports surged to $X in 2021. Overall, exports showed a notable increase. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X units) was the main destination for mounting lifting equipment exports from Argentina, with a 57% share of total exports. Moreover, mounting lifting equipment exports to Chile exceeded the volume sent to the second major destination, Ecuador (X units), sixfold. The third position in this ranking was held by Trinidad and Tobago (X units), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile stood at +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-5.5% per year) and Trinidad and Tobago (+25.7% per year).

In value terms, Chile ($X) remains the key foreign market for lifting equipment designed for mounting on road vehicles exports from Argentina, comprising 57% of total exports. The second position in the ranking was held by Peru ($X), with an 8.6% share of total exports. It was followed by Ecuador, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile stood at +11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+2.4% per year) and Ecuador (-4.0% per year).

Export Prices by Country

The average mounting lifting equipment export price stood at $X per unit in 2021, growing by 1.8% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 32%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Mounting Lifting Equipment Imports

Imports into Argentina

In 2021, supplies from abroad of lifting equipment designed for mounting on road vehicles was finally on the rise to reach X units after three years of decline. Over the period under review, imports saw a pronounced increase. The pace of growth appeared the most rapid in 2017 with an increase of 75% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, mounting lifting equipment imports surged to $X in 2021. Overall, imports showed a moderate increase. The growth pace was the most rapid in 2017 when imports increased by 96% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X units) constituted the largest mounting lifting equipment supplier to Argentina, with a 35% share of total imports. Moreover, mounting lifting equipment imports from Brazil exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was held by Germany (X units), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil totaled +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-12.2% per year) and Germany (+11.2% per year).

In value terms, Brazil ($X), Italy ($X) and Belgium ($X) constituted the largest mounting lifting equipment suppliers to Argentina, with a combined 60% share of total imports. These countries were followed by Sweden, Germany, China, the Netherlands and the United States, which together accounted for a further 9.7%.

Among the main suppliers, the Netherlands, with a CAGR of +29.0%, 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 more modest paces of growth.

Import Prices by Country

The average mounting lifting equipment import price stood at $X per unit in 2021, growing by 18% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 58% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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