Latin America and the Caribbean: Multi-Station Transfer Machine Market 2025

Multi-Station Transfer Machine Market Size in Latin America and the Caribbean

In 2021, after two years of decline, there was significant growth in the Latin American multi-station transfer machine market, when its value increased by 314% to $X. Over the period under review, consumption posted a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Multi-Station Transfer Machine Production in Latin America and the Caribbean

In value terms, multi-station transfer machine production declined modestly to $X in 2021 estimated in export price. Overall, production saw a mild decline. The most prominent rate of growth was recorded in 2015 with an increase of 35% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Multi-Station Transfer Machine Exports

Exports in Latin America and the Caribbean

In 2021, overseas shipments of multi-station transfer machines for working metal decreased by -10% to X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports showed a sharp setback. The growth pace was the most rapid in 2015 when exports increased by 238% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, multi-station transfer machine exports contracted rapidly to $X in 2021. Overall, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2017 with an increase of 117% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Argentina (X units) and the Dominican Republic (X units) represented the main exporters of multi-station transfer machines for working metal in 2021, finishing at near 33% and 33% of total exports, respectively. Mexico (X units) ranks next in terms of the total exports with a 17% share, followed by Panama (11%) and Peru (5.6%).

From 2012 to 2021, the biggest increases were recorded for the Dominican Republic (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Mexico ($X) remains the largest multi-station transfer machine supplier in Latin America and the Caribbean, comprising 66% of total exports. The second position in the ranking was held by Argentina ($X), with a 7% share of total exports. It was followed by Panama, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value in Mexico totaled +2.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (-33.0% per year) and Panama (-31.8% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per unit, declining by -50.1% against the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the export price increased by 181%. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Mexico (+11.0%), while the other leaders experienced a decline in the export price figures.

Multi-Station Transfer Machine Imports

Imports in Latin America and the Caribbean

In 2021, overseas purchases of multi-station transfer machines for working metal increased by 290% to X units, rising for the second year in a row after two years of decline. In general, imports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when imports increased by 680% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, multi-station transfer machine imports soared to $X in 2021. Overall, imports, however, showed a mild decline. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Paraguay dominates imports structure, resulting at X units, which was near 96% of total imports in 2021. Bolivia (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to multi-station transfer machine imports into Paraguay stood at -15.0%. At the same time, Bolivia (+19.3%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +19.3% from 2012-2021. While the share of Paraguay (+3.4 p.p.) and Bolivia (+2.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Paraguay ($X) constitutes the largest market for imported multi-station transfer machines for working metal in Latin America and the Caribbean, comprising 1.6% of total imports. The second position in the ranking was taken by Bolivia ($X), with a 0.1% share of total imports.

In Paraguay, multi-station transfer machine imports shrank by an average annual rate of -13.1% over the period from 2012-2021.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2021, declining by -39.5% against the previous year. In general, the import price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when the import price increased by 720%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bolivia ($X per unit), while Paraguay stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+2.2%).

Source: IndexBox Platform

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