MERCOSUR: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2024

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in MERCOSUR

The MERCOSUR market for equipment for scaffolding, shuttering, propping or pit propping was estimated at $X in 2021, growing by 9.4% against the previous year. In general, consumption, however, saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in MERCOSUR

In value terms, scaffolding, shuttering, and propping equipment production dropped to $X in 2021 estimated in export price. In general, production, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of 6.7% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports in MERCOSUR

In 2021, exports of equipment for scaffolding, shuttering, propping or pit propping in MERCOSUR surged to X tons, rising by 26% compared with the previous year. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 55%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports skyrocketed to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 67%. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Chile (X tons) and Peru (X tons) represented roughly 65% of total exports in 2021. It was distantly followed by Colombia (X tons), Ecuador (X tons) and Brazil (X tons), together constituting a 32% share of total exports. Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Ecuador (with a CAGR of +32.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment supplying countries in MERCOSUR were Peru ($X), Chile ($X) and Colombia ($X), together comprising 82% of total exports. These countries were followed by Ecuador, Brazil and Argentina, which together accounted for a further 17%.

Among the main exporting countries, Ecuador, with a CAGR of +30.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, rising by 2.6% against the previous year. Overall, the export price, however, saw a slight curtailment. The pace of growth was the most pronounced in 2013 an increase of 27%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Colombia ($X per ton) and Brazil ($X per ton), while Ecuador ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+0.1%), while the other leaders experienced a decline in the export price figures.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports in MERCOSUR

In 2021, the amount of equipment for scaffolding, shuttering, propping or pit propping imported in MERCOSUR surged to X tons, increasing by 35% compared with 2020. Overall, imports, however, saw a deep contraction. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, scaffolding, shuttering, and propping equipment imports skyrocketed to $X in 2021. In general, imports, however, recorded a abrupt downturn. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of equipment for scaffolding, shuttering, propping or pit propping, namely Chile, Peru and Colombia, represented more than two-thirds of total import. Brazil (X tons) held the next position in the ranking, followed by Argentina (X tons). All these countries together took near 22% share of total imports. The following importers - Paraguay (X tons) and Uruguay (X tons) - each finished at a 4.3% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +7.6%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Chile ($X), Peru ($X) and Colombia ($X) were the countries with the highest levels of imports in 2021, with a combined 74% share of total imports. Brazil, Argentina, Paraguay and Uruguay lagged somewhat behind, together accounting for a further 23%.

In terms of the main importing countries, Paraguay, with a CAGR of +15.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, growing by 14% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 Chile ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+6.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform