Uruguay: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2024

Market Size for Transporter Cranes, Gantry Cranes And Bridge Cranes in Uruguay

The Uruguayan transporter and bridge cranes market amounted to $X in 2021, picking up by 2.6% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Transporter and bridge cranes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Transporter Cranes, Gantry Cranes And Bridge Cranes in Uruguay

In value terms, transporter and bridge cranes production amounted to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 41% against the previous year. Transporter and bridge cranes production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from Uruguay

In 2018, approx. X units of transporter cranes, gantry cranes and bridge cranes were exported from Uruguay; picking up by 23% compared with 2017. The total export volume increased at an average annual rate of +23.3% from 2017 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, transporter and bridge cranes exports surged to $X in 2018. The total export value increased at an average annual rate of +17.6% over the period from 2017 to 2018; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X units) was the main destination for transporter and bridge cranes exports from Uruguay, with a approx. 100% share of total exports.

From 2017 to 2018, the average annual growth rate of volume to Spain amounted to +23.4%.

In value terms, Spain ($X) also remains the key foreign market for transporter cranes, gantry cranes and bridge cranes exports from Uruguay.

From 2017 to 2018, the average annual growth rate of value to Spain stood at +18.1%.

Export Prices by Country

In 2018, the average transporter and bridge cranes export price amounted to $X per unit, dropping by -4.6% against the previous year. Overall, the export price recorded a pronounced descent. The export price peaked at $X per unit in 2017, and then fell modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2017 to 2018, the rate of growth in terms of prices for Spain amounted to -4.2% per year.

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports into Uruguay

In 2021, supplies from abroad of transporter cranes, gantry cranes and bridge cranes increased by 16% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 226%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, transporter and bridge cranes imports reached $X in 2021. In general, imports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 160% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Portugal (X units) constituted the largest transporter and bridge cranes supplier to Uruguay, accounting for a 38% share of total imports. Moreover, transporter and bridge cranes imports from Portugal exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. Belgium (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal totaled +761.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+78.8% per year) and Belgium (+2.8% per year).

In value terms, the largest transporter and bridge cranes suppliers to Uruguay were Portugal ($X), Turkey ($X) and Argentina ($X), together comprising 47% of total imports.

In terms of the main suppliers, Portugal, with a CAGR of +1,309.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average transporter and bridge cranes import price stood at $X per unit in 2021, shrinking by -4.6% against the previous year. In general, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, transporter and bridge cranes import price decreased by -31.6% against 2015 indices. The growth pace was the most rapid in 2013 when the average import price increased by 85% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+70.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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