Latin America and the Caribbean: Teleferics And Chair-Lifts Market 2025

Teleferics And Chair-Lifts Market Size in Latin America and the Caribbean

In 2022, after three years of growth, there was significant decline in the Latin American teleferics and chair-lifts market, when its value decreased by -6.7% to $X. Overall, consumption continues to indicate prominent growth. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Teleferics And Chair-Lifts Production in Latin America and the Caribbean

In value terms, teleferics and chair-lifts production reduced sharply to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 367%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Teleferics And Chair-Lifts Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars decreased by 0% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2019 when exports increased by 400%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, teleferics and chair-lifts exports reduced to $X in 2022. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 1,328%. 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, Colombia (X units), followed by Ecuador (X units) were the major exporters of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars, together mixing up 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of 0.0%).

In value terms, Ecuador ($X) remains the largest teleferics and chair-lifts supplier in Latin America and the Caribbean, comprising 40% of total exports. The second position in the ranking was held by Colombia ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Ecuador stood at +5.2%.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, with a decrease of -12.1% against the previous year. Over the period under review, the export price, however, saw modest growth. The pace of growth was the most pronounced in 2019 an increase of 186%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while Colombia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (-2.9%).

Teleferics And Chair-Lifts Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars increased by 2% to X units, rising for the third consecutive year after two years of decline. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 178% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, teleferics and chair-lifts imports skyrocketed to $X in 2022. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 105% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

The Dominican Republic (X units) and Peru (X units) represented the key importers of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in 2022, accounting for approx. 44% and 32% of total imports, respectively. It was distantly followed by Ecuador (X units) and Brazil (X units), together making up a 21% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +59.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in Latin America and the Caribbean, comprising 66% of total imports. The second position in the ranking was taken by Ecuador ($X), with a 25% share of total imports. It was followed by Brazil, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value in the Dominican Republic amounted to +106.5%. In the other countries, the average annual rates were as follows: Ecuador (+30.8% per year) and Brazil (-3.9% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, jumping by 46% against the previous year. Overall, the import price showed modest growth. The pace of growth appeared the most rapid in 2016 when the import price increased by 254%. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+11.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :