MERCOSUR: Winche And Capstan Market 2024

Winche And Capstan Market Size in MERCOSUR

In 2021, the MERCOSUR winche and capstan market increased by 28% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Winche And Capstan Production in MERCOSUR

In value terms, winche and capstan production dropped to $X in 2021 estimated in export price. The total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +38.3% against 2017 indices. The pace of growth appeared the most rapid in 2015 with an increase of 55% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Winche And Capstan Exports

Exports in MERCOSUR

In 2021, overseas shipments of winches and capstans decreased by -17.9% to X units for the first time since 2015, thus ending a five-year rising trend. Overall, exports, however, recorded a pronounced expansion. The growth pace was the most rapid in 2014 when exports increased by 81%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, winche and capstan exports soared to $X in 2021. In general, exports saw a noticeable contraction. The pace of growth was the most pronounced in 2014 when exports increased by 93%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Brazil (X units) and Chile (X units) dominates exports structure, together making up 92% of total exports. Ecuador (X units) and Uruguay (X units) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Uruguay (with a CAGR of +49.6%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest winche and capstan supplier in MERCOSUR, comprising 57% of total exports. The second position in the ranking was held by Chile ($X), with a 16% share of total exports. It was followed by Uruguay, with a 4% share.

In Brazil, winche and capstan exports declined by an average annual rate of -2.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-4.6% per year) and Uruguay (+42.0% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per unit, rising by 97% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+1.7%), while the other leaders experienced a decline in the export price figures.

Winche And Capstan Imports

Imports in MERCOSUR

In 2021, imports of winches and capstans in MERCOSUR soared to X units, rising by 65% on the previous year. In general, imports, however, showed a abrupt slump. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, winche and capstan imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 with an increase of 40% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Brazil was the largest importer of winches and capstans in MERCOSUR, with the volume of imports reaching X units, which was near 61% of total imports in 2021. Colombia (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Chile (12%) and Peru (5.1%). The following importers - Argentina (X units) and Paraguay (X units) - together made up 5.1% of total imports.

From 2012 to 2021, average annual rates of growth with regard to winche and capstan imports into Brazil stood at -7.0%. At the same time, Chile (+5.0%), Argentina (+4.1%) and Peru (+2.8%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +5.0% from 2012-2021. By contrast, Colombia (-5.1%) and Paraguay (-15.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Chile, Peru and Argentina increased by +7.5, +2.9 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported winches and capstans in MERCOSUR, comprising 45% of total imports. The second position in the ranking was held by Chile ($X), with a 21% share of total imports. It was followed by Argentina, with an 11% share.

In Brazil, winche and capstan imports contracted by an average annual rate of -4.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+0.9% per year) and Argentina (+2.3% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per unit, reducing by -16.2% against the previous year. Import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, winche and capstan import price decreased by -45.8% against 2015 indices. The growth pace was the most rapid in 2013 an increase of 43%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Argentina ($X per unit), while Paraguay ($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 (+2.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform