Latin America and the Caribbean: Self-Propelled Industrial Truck Market 2020

Self-Propelled Industrial Truck Market Size in Latin America and the Caribbean

The revenue of the self-propelled industrial truck market in Latin America and the Caribbean amounted to $X in 2017, jumping by X% against the previous year. The self-propelled industrial truck consumption continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. Over the period under review, the self-propelled industrial truck market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Self-Propelled Industrial Truck Production in Latin America and the Caribbean

In 2017, production of self-propelled industrial works trucks in Latin America and the Caribbean stood at X units, remaining relatively unchanged against the previous year. The self-propelled industrial truck production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when it surged by X% y-o-y. In that year, the self-propelled industrial truck production reached their peak volume of X units. From 2010 to 2017, growth of the self-propelled industrial truck production failed to regain its momentum.

Self-Propelled Industrial Truck Exports in Latin America and the Caribbean

In 2017, exports of self-propelled industrial works trucks in Latin America and the Caribbean stood at X units, stabilizing at the previous year. The self-propelled industrial truck exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2012, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, self-propelled industrial truck exports stood at $X in 2017. The self-propelled industrial truck exports continue to indicate a prominent growth. In that year, the self-propelled industrial truck exports attained their peak level of $X. From 2013 to 2017, growth of the self-propelled industrial truck exports failed to regain its momentum.

Self-Propelled Industrial Truck Exports by Country in Latin America and the Caribbean

Mexico dominates self-propelled industrial truck exports structure, accounting for X units, which was approx. X% of total exports in 2017. It was distantly followed by Brazil (X units), achieving X% share of total exports. Uruguay (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to self-propelled industrial truck exports from Mexico stood at +X%. At the same time, Brazil (+X%) and Uruguay (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Uruguay, Brazil and Mexico decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest self-propelled industrial truck supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Uruguay, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+X% per year) and Uruguay (+X% per year).

Self-Propelled Industrial Truck Export Prices by Country in Latin America and the Caribbean

In 2017, the self-propelled industrial truck export price in Latin America and the Caribbean amounted to $X thousand per unit, surging by X% against the previous year. The self-propelled industrial truck export price continues to indicate a moderate slump. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. In that year, the export prices for self-propelled industrial works trucks reached their peak level of $X thousand per unit. From 2013 to 2017, growth of the export prices for self-propelled industrial works trucks failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Brazil ($X thousand per unit) and Mexico ($X thousand per unit), while Uruguay ($X thousand per unit) and Mexico ($X thousand per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Self-Propelled Industrial Truck Imports in Latin America and the Caribbean

The imports stood at X units in 2017, coming down by -X% against the previous year. The self-propelled industrial truck imports continue to indicate a significant deduction. The growth pace was the most rapid in 2008, when imports increased by X% year-to-year. Over the period under review, the self-propelled industrial truck imports reached its maximum volume of X units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, self-propelled industrial truck imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the self-propelled industrial truck imports reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Self-Propelled Industrial Truck Imports by Country in Latin America and the Caribbean

Peru (X units), Bolivia (X units) and Mexico (X units) represented roughly X% of total imports of self-propelled industrial works trucks in 2017. Colombia (X units) ranks second in terms of the global imports with a X% share, followed by Guatemala (X%) and Ecuador (X%). El Salvador (X units), Brazil (X units), Venezuela (X units), Nicaragua (X units) and Bahamas (X units) occupied the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Peru (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported self-propelled industrial works trucks in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Colombia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Colombia (+X% per year).

Self-Propelled Industrial Truck Import Prices by Country in Latin America and the Caribbean

In 2017, the self-propelled industrial truck import price in Latin America and the Caribbean amounted to $X thousand per unit, going up by X% against the previous year. The self-propelled industrial truck import price continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. In that year, the import prices for self-propelled industrial works trucks reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mexico ($X thousand per unit), while Bolivia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Nicaragua (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform