Uruguay - Lifting Equipment Designed for Mounting on Road Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUruguay: Mounting Lifting Equipment Market 2024
Mounting Lifting Equipment Market Size in Uruguay
In 2021, the Uruguayan mounting lifting equipment market increased by 113% to $X, rising for the second year in a row after two years of decline. In general, consumption posted a noticeable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Mounting Lifting Equipment Exports
Exports from Uruguay
In 2021, approx. X units of lifting equipment designed for mounting on road vehicles were exported from Uruguay; increasing by 33% against the previous year. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, mounting lifting equipment exports soared to $X in 2021. Overall, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 3,646% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.
Exports by Country
Paraguay (X units), Chile (X units) and Mexico (X units) were the main destinations of mounting lifting equipment exports from Uruguay. Moreover, mounting lifting equipment exports in Paraguay exceeded the figures recorded by the second-largest exporter, Chile, twofold.
From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, Mexico ($X) emerged as the key foreign market for lifting equipment designed for mounting on road vehicles exports from Uruguay, comprising 77% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 20% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Mexico was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+45.3% per year) and Chile (-28.6% per year).
Export Prices by Country
In 2021, the average mounting lifting equipment export price amounted to $X per unit, with an increase of 48% against the previous year. In general, the export price continues to indicate resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+109.0%).
Mounting Lifting Equipment Imports
Imports into Uruguay
In 2021, overseas purchases of lifting equipment designed for mounting on road vehicles increased by 132% to X units, rising for the second year in a row after two years of decline. Overall, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, mounting lifting equipment imports skyrocketed to $X in 2021. In general, imports saw a moderate expansion. The growth pace was the most rapid in 2020 when imports increased by 109% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.
Imports by Country
In 2021, Italy (X units) constituted the largest supplier of mounting lifting equipment to Uruguay, with a 48% share of total imports. Moreover, mounting lifting equipment imports from Italy exceeded the figures recorded by the second-largest supplier, Brazil (X units), twofold. Spain (X units) ranked third in terms of total imports with a 13% share.
From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +66.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+62.2% per year) and Spain (+64.1% per year).
In value terms, Brazil ($X) constituted the largest supplier of lifting equipment designed for mounting on road vehicles to Uruguay, comprising 53% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by Spain, with a 5.3% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Brazil stood at +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.5% per year) and Spain (-6.4% per year).
Import Prices by Country
In 2021, the average mounting lifting equipment import price amounted to $X per unit, dropping by -15.2% against the previous year. In general, the import price recorded a noticeable decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+161.1%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mounting lifting equipment market in Uruguay. 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 28221460 - Lifting equipment designed for mounting on road vehicles
Country coverage:
- Uruguay
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uruguay
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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