Latin America and the Caribbean: Hydraulic Press Market 2025

Hydraulic Press Market Size in Latin America and the Caribbean

The Latin American hydraulic press market declined to $X in 2022, which is down by -9.1% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -19.4% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Hydraulic Press Production in Latin America and the Caribbean

In value terms, hydraulic press production dropped to $X in 2022 estimated in export price. Over the period under review, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 153%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Hydraulic Press Exports

Exports in Latin America and the Caribbean

In 2022, approx. X units of hydraulic presses for working metal were exported in Latin America and the Caribbean; which is down by -53.9% against 2021 figures. Overall, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2019 when exports increased by 518%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, hydraulic press exports declined dramatically to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 243% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Mexico (X units), distantly followed by Brazil (X units), the Dominican Republic (X units), Uruguay (X units), Costa Rica (X units) and Argentina (X units) were the largest exporters of hydraulic presses for working metal, together making up 91% of total exports. Chile (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Dominican Republic (with a CAGR of +43.1%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest hydraulic press supplier in Latin America and the Caribbean, comprising 62% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 24% share of total exports. It was followed by Chile, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value in Mexico stood at -6.0%. In the other countries, the average annual rates were as follows: Uruguay (+34.7% per year) and Chile (+2.9% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, with an increase of 49% against the previous year. Overall, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2016 an increase of 99%. Over the period under review, the export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the Dominican Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+10.4%), while the other leaders experienced more modest paces of growth.

Hydraulic Press Imports

Imports in Latin America and the Caribbean

In 2022, the amount of hydraulic presses for working metal imported in Latin America and the Caribbean dropped significantly to X units, waning by -22.9% against the previous year's figure. In general, imports showed a noticeable descent. The growth pace was the most rapid in 2015 with an increase of 58%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hydraulic press imports surged to $X in 2022. Overall, imports recorded a slight decline. The most prominent rate of growth was recorded in 2015 with an increase of 67% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Chile was the largest importer of hydraulic presses for working metal in Latin America and the Caribbean, with the volume of imports accounting for X units, which was near 30% of total imports in 2022. It was distantly followed by Mexico (X units), Peru (X units), Colombia (X units), Brazil (X units) and Ecuador (X units), together making up a 54% share of total imports. Uruguay (X units) followed a long way behind the leaders.

Imports into Chile increased at an average annual rate of +11.6% from 2012 to 2022. At the same time, Ecuador (+16.1%) and Uruguay (+1.9%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +16.1% from 2012-2022. Peru experienced a relatively flat trend pattern. By contrast, Colombia (-6.2%), Brazil (-7.6%) and Mexico (-9.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile, Ecuador and Peru increased by +22, +5.8 and +3.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported hydraulic presses for working metal in Latin America and the Caribbean, comprising 72% of total imports. The second position in the ranking was taken by Brazil ($X), with a 6.1% share of total imports. It was followed by Ecuador, with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico amounted to +1.5%. In the other countries, the average annual rates were as follows: Brazil (-12.3% per year) and Ecuador (+20.6% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, growing by 57% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The level of import peaked at $X per unit in 2016; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per unit), while Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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