Latin America and the Caribbean: Non-Electric Pulley Tackle Market 2025

Non-Electric Pulley Tackle Market Size in Latin America and the Caribbean

The Latin American non-electric pulley tackle market fell markedly to $X in 2022, dropping by -41.2% against the previous year. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +29.3% against 2020 indices. As a result, consumption attained the peak level of $X, and then reduced markedly in the following year.

Non-Electric Pulley Tackle Production in Latin America and the Caribbean

In value terms, non-electric pulley tackle production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 28%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Non-Electric Pulley Tackle Exports

Exports in Latin America and the Caribbean

In 2022, exports of pulley tackle and hoists, non-powered by electric motor in Latin America and the Caribbean fell rapidly to X units, with a decrease of -36.1% against 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 40% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electric pulley tackle exports dropped to $X in 2022. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of 31% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the two major exporters of pulley tackle and hoists, non-powered by electric motor, namely Brazil and Mexico, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +7.7%).

In value terms, the largest non-electric pulley tackle supplying countries in Latin America and the Caribbean were Brazil ($X) and Mexico ($X).

In terms of the main exporting countries, Brazil, with a CAGR of -2.8%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, with an increase of 34% against the previous year. In general, the export price, however, showed a abrupt curtailment. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Brazil totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.9%).

Non-Electric Pulley Tackle Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of pulley tackle and hoists, non-powered by electric motor increased by 17% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, non-electric pulley tackle imports totaled $X in 2022. Over the period under review, imports, however, continue to indicate a slight decline. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Mexico was the key importer of pulley tackle and hoists, non-powered by electric motor in Latin America and the Caribbean, with the volume of imports reaching X units, which was near 45% of total imports in 2022. Brazil (X units) took the second position in the ranking, distantly followed by Chile (X units) and Colombia (X units). All these countries together took approx. 37% share of total imports. Peru (X units), Guatemala (X units), Ecuador (X units) and Argentina (X units) took a relatively small share of total imports.

Imports into Mexico increased at an average annual rate of +2.9% from 2012 to 2022. At the same time, Guatemala (+22.8%), Argentina (+15.7%), Ecuador (+15.4%), Brazil (+11.4%), Chile (+9.3%) and Peru (+1.2%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +22.8% from 2012-2022. By contrast, Colombia (-1.7%) illustrated a downward trend over the same period. Brazil (+8.9 p.p.), Chile (+4.1 p.p.), Guatemala (+2.5 p.p.) and Ecuador (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Peru, Colombia and Mexico saw its share reduced by -1.7%, -5.5% and -7.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Chile ($X) were the countries with the highest levels of imports in 2022, together comprising 67% of total imports.

Brazil, with a CAGR of +4.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, falling by -12.3% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2020 an increase of 8.9%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Peru ($X per unit), while Guatemala ($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 (-3.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :