Argentina: Pneumatic Elevator Market 2025

Pneumatic Elevator Market Size in Argentina

The Argentinian pneumatic elevator market skyrocketed to $X in 2022, jumping by 23% against the previous year. Over the period under review, consumption posted a strong increase. Pneumatic elevator consumption peaked in 2022 and is likely to see gradual growth in years to come.

Pneumatic Elevator Production in Argentina

In value terms, pneumatic elevator production reached $X in 2022 estimated in export price. In general, production, however, posted a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 39%. 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.

Pneumatic Elevator Exports

Exports from Argentina

In 2022, exports of pneumatic elevators and conveyors from Argentina contracted sharply to X units, shrinking by -95.9% compared with the year before. Overall, exports faced a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 604%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, pneumatic elevator exports declined notably to $X in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 4,102% against the previous year. As a result, the exports reached the peak of $X, and then declined rapidly in the following year.

Exports by Country

Uruguay (X units) was the main destination for pneumatic elevator exports from Argentina, with a 71% share of total exports. Moreover, pneumatic elevator exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay amounted to -9.8%.

In value terms, Uruguay ($X) emerged as the key foreign market for pneumatic elevators and conveyors exports from Argentina, comprising 81% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay was relatively modest.

Export Prices by Country

In 2022, the average pneumatic elevator export price amounted to $X per unit, rising by 48% against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 497%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per unit), while the average price for exports to Paraguay amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.

Pneumatic Elevator Imports

Imports into Argentina

In 2022, supplies from abroad of pneumatic elevators and conveyors increased by 163% to X units, rising for the second consecutive year after two years of decline. Overall, imports posted a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 306% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, pneumatic elevator imports reached $X in 2022. Over the period under review, imports showed pronounced growth. The most prominent rate of growth was recorded in 2021 with an increase of 230%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest pneumatic elevator supplier to Argentina, accounting for a 78% share of total imports. Moreover, pneumatic elevator imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+38.0% per year) and Germany (+9.5% per year).

In value terms, the largest pneumatic elevator suppliers to Argentina were China ($X), Brazil ($X) and Germany ($X), together accounting for 66% of total imports. Australia, Italy, the United States and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 21%.

Australia, with a CAGR of +62.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pneumatic elevator import price amounted to $X per unit, falling by -59.6% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 71%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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