Argentina: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in Argentina

The Argentinian scrapers excavator market declined slightly to $X in 2022, waning by -4.2% against the previous year. In general, consumption saw a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Scrapers Excavator Production in Argentina

In value terms, scrapers excavator production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Scrapers excavator production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Scrapers Excavator Exports

Exports from Argentina

In 2022, overseas shipments of scrapers earth moving, excavating, extracting machinery (not self-propelled) decreased by -10.4% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 145%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, scrapers excavator exports declined to $X in 2022. Over the period under review, exports recorded a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 117% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Uruguay (X units) and Paraguay (X units) were the main destinations of scrapers excavator exports from Argentina.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of -7.0%).

In value terms, the largest markets for scrapers excavator exported from Argentina were Uruguay ($X) and Paraguay ($X).

Among the main countries of destination, Uruguay, with a CAGR of -7.1%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average scrapers excavator export price amounted to $X per unit, rising by 3.9% against the previous year. In general, the export price, however, showed a mild decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 43% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign 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 Bolivia (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Scrapers Excavator Imports

Imports into Argentina

In 2022, purchases abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled) increased by 33% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 180% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, scrapers excavator imports rose slightly to $X in 2022. In general, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 144% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil (X units), China (X units) and Italy (X units) were the main suppliers of scrapers excavator imports to Argentina, with a combined 59% share of total imports. South Korea, Mexico, the United States, Japan, Spain and France lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +9.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of scrapers earth moving, excavating, extracting machinery (not self-propelled) to Argentina, comprising 26% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.4% per year) and the United States (-9.3% per year).

Import Prices by Country

In 2022, the average scrapers excavator import price amounted to $X per unit, declining by -21.5% against the previous year. Overall, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 25%. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :