MERCOSUR: Concrete Pump Market 2024

Concrete Pump Market Size in MERCOSUR

In 2021, after two years of decline, there was significant growth in the MERCOSUR concrete pump market, when its value increased by 12% to $X. Over the period under review, consumption, however, showed a abrupt contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Concrete Pump Production in MERCOSUR

In value terms, concrete pump production amounted to $X in 2021 estimated in export price. Overall, production continues to indicate a mild setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 5.2% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Concrete Pump Exports

Exports in MERCOSUR

In 2021, overseas shipments of concrete pumps increased by 55% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports showed prominent growth. The pace of growth was the most pronounced in 2015 with an increase of 111%. The volume of export peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, concrete pump exports skyrocketed to $X in 2021. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 117% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil was the key exporting country with an export of around X units, which finished at 73% of total exports. Colombia (X units) ranks second in terms of the total exports with a 16% share, followed by Chile (7.2%). Ecuador (X units) took a little share of total exports.

Exports from Brazil increased at an average annual rate of +16.3% from 2012 to 2021. At the same time, Colombia (+37.8%), Chile (+16.7%) and Ecuador (+16.7%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +37.8% from 2012-2021. From 2012 to 2021, the share of Colombia and Brazil increased by +16 and +5.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest concrete pump supplier in MERCOSUR, comprising 79% of total exports. The second position in the ranking was taken by Colombia ($X), with a 9.6% share of total exports. It was followed by Chile, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil stood at +11.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (+54.4% per year) and Chile (+33.5% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2021, declining by -12.8% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2014 an increase of 44% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+13.0%), while the other leaders experienced mixed trends in the export price figures.

Concrete Pump Imports

Imports in MERCOSUR

In 2021, overseas purchases of concrete pumps increased by 24% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 67% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete pump imports surged to $X in 2021. Over the period under review, imports, however, recorded a abrupt setback. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Chile (X units) and Argentina (X units) represented the main importers of concrete pumps in MERCOSUR, together finishing at near 56% of total imports. Peru (X units) held the next position in the ranking, followed by Suriname (X units) and Colombia (X units). All these countries together took near 31% share of total imports. The following importers - Ecuador (X units) and Brazil (X units) - each reached an 8% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Suriname (with a CAGR of +65.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest concrete pump importing markets in MERCOSUR were Argentina ($X), Chile ($X) and Peru ($X), together accounting for 67% of total imports. These countries were followed by Colombia, Brazil, Ecuador and Suriname, which together accounted for a further 28%.

Suriname, with a CAGR of +5.6%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2021, increasing by 41% against the previous year. In general, the import price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 when the import price increased by 64% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per unit), while Suriname ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+12.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform