MERCOSUR: Concrete-Mixer Lorry Market 2024

Concrete-Mixer Lorry Market Size in MERCOSUR

The MERCOSUR concrete-mixer lorry market stood at $X in 2022, picking up by 2.6% against the previous year. Over the period under review, consumption, however, recorded a deep setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Concrete-Mixer Lorry Production in MERCOSUR

In value terms, concrete-mixer lorry production reached $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 122%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Concrete-Mixer Lorry Exports

Exports in MERCOSUR

In 2022, shipments abroad of concrete-mixer lorries increased by 80% to X units, rising for the second consecutive year after four years of decline. Overall, exports, however, recorded a mild shrinkage. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, concrete-mixer lorry exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Brazil (X units) represented the main exporter of concrete-mixer lorries, constituting 69% of total exports. It was distantly followed by Chile (X units), generating a 22% share of total exports. The following exporters - Colombia (X units), Argentina (X units) and Peru (X units) - together made up 7.7% of total exports.

From 2012 to 2022, average annual rates of growth with regard to concrete-mixer lorry exports from Brazil stood at +2.1%. At the same time, Argentina (+4.1%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +4.1% from 2012-2022. Chile experienced a relatively flat trend pattern. By contrast, Colombia (-5.4%) and Peru (-19.7%) illustrated a downward trend over the same period. Brazil (+18 p.p.) and Chile (+2.8 p.p.) significantly strengthened its position in terms of the total exports, while Colombia and Peru saw its share reduced by -2% and -12.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) emerged as the largest concrete-mixer lorry supplier in MERCOSUR, comprising 66% of total exports. The second position in the ranking was taken by Chile ($X), with a 29% share of total exports. It was followed by Argentina, with a 1.8% share.

In Brazil, concrete-mixer lorry exports expanded at an average annual rate of +2.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-2.8% per year) and Argentina (-1.9% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 33%. Over the period under review, the export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+6.3%), while the other leaders experienced mixed trends in the export price figures.

Concrete-Mixer Lorry Imports

Imports in MERCOSUR

In 2022, supplies from abroad of concrete-mixer lorries increased by 16% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 125% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, concrete-mixer lorry imports expanded sharply to $X in 2022. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by 97% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Peru (X units) and Chile (X units) represented roughly 56% of total imports in 2022. Guyana (X units) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (13%) and Uruguay (5.2%). The following importers - Paraguay (X units) and Argentina (X units) - each finished at a 7.9% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Guyana (with a CAGR of +18.9%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Peru ($X), Chile ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 76% of total imports. Guyana, Uruguay, Argentina and Paraguay lagged somewhat behind, together comprising a further 21%.

Guyana, with a CAGR of +23.7%, saw the highest growth rate of the value of imports, in terms of 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 MERCOSUR amounted to $X per unit, shrinking by -6% against the previous year. Over the period under review, the import price recorded a slight shrinkage. The pace of growth was the most pronounced in 2019 when the import price increased by 37%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the import prices remained at a lower figure.

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 Uruguay ($X per unit), while Guyana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform