Chile: Mounting Lifting Equipment Market 2025

Mounting Lifting Equipment Market Size in Chile

The Chilean mounting lifting equipment market soared to $X in 2021, jumping by 62% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a pronounced setback. Mounting lifting equipment consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Mounting Lifting Equipment Exports

Exports from Chile

In 2021, approx. X units of lifting equipment designed for mounting on road vehicles were exported from Chile; with an increase of 82% against 2020 figures. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 224%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, mounting lifting equipment exports soared to $X in 2021. In general, exports recorded temperate growth. The most prominent rate of growth was recorded in 2016 with an increase of 232%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Peru (X units) was the main destination for mounting lifting equipment exports from Chile, with a 71% share of total exports. Moreover, mounting lifting equipment exports to Peru exceeded the volume sent to the second major destination, Argentina (X units), sevenfold. Brazil (X units) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Peru stood at +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-3.1% per year) and Brazil (+6.0% per year).

In value terms, Peru ($X) remains the key foreign market for lifting equipment designed for mounting on road vehicles exports from Chile, comprising 54% of total exports. The second position in the ranking was taken by Brazil ($X), with a 23% share of total exports. It was followed by Argentina, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Peru amounted to +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+97.6% per year) and Argentina (+12.0% per year).

Export Prices by Country

In 2021, the average mounting lifting equipment export price amounted to $X per unit, rising by 32% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 81%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Peru ($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 Paraguay (+54.0%), while the prices for the other major destinations experienced more modest paces of growth.

Mounting Lifting Equipment Imports

Imports into Chile

In 2021, the amount of lifting equipment designed for mounting on road vehicles imported into Chile surged to X units, picking up by 66% against the previous year's figure. Overall, imports, however, recorded a pronounced descent. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, mounting lifting equipment imports surged to $X in 2021. In general, imports, however, recorded a slight decline. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of mounting lifting equipment to Chile, accounting for a 28% share of total imports. Moreover, mounting lifting equipment imports from Italy exceeded the figures recorded by the second-largest supplier, Brazil (X units), twofold. The third position in this ranking was taken by Slovakia (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+13.9% per year) and Slovakia (+30.2% per year).

In value terms, Italy ($X) constituted the largest supplier of lifting equipment designed for mounting on road vehicles to Chile, comprising 37% of total imports. The second position in the ranking was taken by Spain ($X), with a 17% share of total imports. It was followed by Brazil, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.1% per year) and Brazil (+14.5% per year).

Import Prices by Country

The average mounting lifting equipment import price stood at $X per unit in 2021, reducing by -3.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 56%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

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 Spain ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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