MERCOSUR - Coal or Rock Cutters and Tunnelling Machinery - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMERCOSUR: Rock Cutter Market 2024
Rock Cutter Market Size in MERCOSUR
In 2022, the MERCOSUR rock cutter market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a perceptible slump. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.
Rock Cutter Production in MERCOSUR
In value terms, rock cutter production rose notably to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 83% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.
Rock Cutter Exports
Exports in MERCOSUR
In 2022, exports of coal or rock cutters and tunnelling machinery in MERCOSUR soared to X units, increasing by 31% compared with 2021 figures. Over the period under review, exports showed a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by 95% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.
In value terms, rock cutter exports declined notably to $X in 2022. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by 202% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Colombia (X units) and Chile (X units) represented the key exporters of coal or rock cutters and tunnelling machinery in 2022, amounting to near 38% and 36% of total exports, respectively. Ecuador (X units) ranks next in terms of the total exports with a 16% share, followed by Peru (8.1%).
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Chile (with a CAGR of +27.4%), while the other leaders experienced more modest paces of growth.
In value terms, Chile ($X) remains the largest rock cutter supplier in MERCOSUR, comprising 55% of total exports. The second position in the ranking was held by Peru ($X), with a 17% share of total exports. It was followed by Ecuador, with a 14% share.
From 2012 to 2022, the average annual growth rate of value in Chile amounted to +20.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (+15.1% per year) and Ecuador (+12.2% per year).
Export Prices by Country
In 2022, the export price in MERCOSUR amounted to $X per unit, which is down by -39.6% against the previous year. Overall, the export price recorded a slight contraction. The most prominent rate of growth was recorded in 2013 an increase of 167% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while Colombia ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+9.4%), while the other leaders experienced a decline in the export price figures.
Rock Cutter Imports
Imports in MERCOSUR
In 2022, after two years of decline, there was significant growth in overseas purchases of coal or rock cutters and tunnelling machinery, when their volume increased by 46% to X units. Over the period under review, imports, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 with an increase of 227%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.
In value terms, rock cutter imports surged to $X in 2022. Overall, imports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 234% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Imports by Country
Peru prevails in imports structure, accounting for X units, which was near 64% of total imports in 2022. Chile (X units) took the second position in the ranking, followed by Argentina (X units), Ecuador (X units) and Colombia (X units). All these countries together held approx. 28% share of total imports. The following importers - Brazil (X units) and Venezuela (X units) - together made up 6.6% of total imports.
Peru was also the fastest-growing in terms of the coal or rock cutters and tunnelling machinery imports, with a CAGR of +14.2% from 2012 to 2022. At the same time, Chile (+2.9%) and Ecuador (+1.3%) displayed positive paces of growth. By contrast, Argentina (-3.4%), Venezuela (-9.2%), Colombia (-17.3%) and Brazil (-22.6%) illustrated a downward trend over the same period. While the share of Peru (+52 p.p.), Chile (+4.2 p.p.) and Ecuador (+2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Venezuela (-2.2 p.p.), Colombia (-19.7 p.p.) and Brazil (-35.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Peru ($X) constitutes the largest market for imported coal or rock cutters and tunnelling machinery in MERCOSUR, comprising 70% of total imports. The second position in the ranking was taken by Chile ($X), with a 9.4% share of total imports. It was followed by Argentina, with a 7.4% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Peru amounted to +15.3%. In the other countries, the average annual rates were as follows: Chile (+2.7% per year) and Argentina (-12.1% per year).
Import Prices by Country
In 2022, the import price in MERCOSUR amounted to $X per unit, falling by -6.5% against the previous year. Overall, the import price recorded a mild shrinkage. The pace of growth was the most pronounced in 2017 an increase of 16%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per unit), while Venezuela ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+1.0%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the rock cutter market in MERCOSUR. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in MERCOSUR, split by region and country
- Trade (exports and imports) in MERCOSUR
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Argentina
- Brazil
- Chile
- Colombia
- Ecuador
- Guyana
- Paraguay
- Peru
- Suriname
- Uruguay
- Venezuela
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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