Brazil: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Brazil

In 2021, the Brazilian mobile lifting frame market was finally on the rise to reach $X after four years of decline. Over the period under review, consumption, however, saw a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Mobile Lifting Frame Production in Brazil

In value terms, mobile lifting frame production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible slump. The pace of growth was the most pronounced in 2016 when the production volume increased by 32%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Mobile Lifting Frame Exports

Exports from Brazil

In 2021, shipments abroad of mobile lifting frames on tyres and straddle carriers decreased by -63.4% to X units, falling for the second consecutive year after two years of growth. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 950%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mobile lifting frame exports dropped significantly to $X in 2021. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2014 when exports increased by 1,025% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Angola (X units), Argentina (X units) and Venezuela (X units) were the main destinations of mobile lifting frame exports from Brazil, with a combined 80% share of total exports. These countries were followed by the United States, the Dominican Republic, Uruguay and Paraguay, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +8.7%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for mobile lifting frame exported from Brazil were Angola ($X), Argentina ($X) and the United States ($X), together accounting for 77% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +22.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average mobile lifting frame export price amounted to $X per unit, surging by 18% against the previous year. Overall, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mobile lifting frame export price increased by +49.7% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 39%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per unit), while the average price for exports to Venezuela ($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 Uruguay (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Mobile Lifting Frame Imports

Imports into Brazil

In 2021, mobile lifting frame imports into Brazil reduced to X units, with a decrease of -11.9% compared with the previous year's figure. Over the period under review, imports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 3,899%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, mobile lifting frame imports declined significantly to $X in 2021. Overall, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 4,110%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Finland (X units) constituted the largest supplier of mobile lifting frame to Brazil, with a 80% share of total imports. Moreover, mobile lifting frame imports from Finland exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. Spain (X units) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume from Finland amounted to -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-37.3% per year) and Spain (-15.9% per year).

In value terms, Finland ($X) constituted the largest supplier of mobile lifting frames on tyres and straddle carriers to Brazil, comprising 78% of total imports. The second position in the ranking was taken by China ($X), with a 9.9% share of total imports. It was followed by Spain, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from Finland stood at -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-36.8% per year) and Spain (-9.6% per year).

Import Prices by Country

The average mobile lifting frame import price stood at $X per unit in 2021, shrinking by -8.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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