Wednesday, 25 May 2022
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The Argentine crane market fell -X% to $X in 2020, the third consecutive year of decline after two years of growth. Overall, however, consumption continued to show a relatively flat trend pattern. The fastest growth rate in 2013, an increase of X% year-on-year. As a result, spending reached the highest level of X dollars. From 2014 to 2020, market growth failed to regain momentum.

Argentina Crane Export Scale
In 2020, overseas shipments of cranes, mobile cranes fell -X% to X units for the first time since 2015, thus ending a four-year upward trend. Overall, exports faced a severe decline. In 2009, the growth rate was the fastest, with an increase of X% year-on-year. As a result, exports peaked at X units. From 2010 to 2020, the export growth rate remained at a low level.

In value terms, crane exports shrunk significantly to $X in 2020. There was a sudden drop in exports during the review period. In 2009, the growth rate was the fastest, with an increase of X% year-on-year. As a result, exports peaked at X dollars. From 2010 to 2020, export growth remained low.

Chile (X units) was the main destination for Argentine crane exports, accounting for about X% of the total export value.

From 2007 to 2020, the average annual growth rate of exports to Chile was -X%. In terms of value, Chile ($X) remains the main foreign market for Argentine crane exports.

From 2007 to 2020, the value to Chile has grown at an average annual rate of -X%.

Argentina Crane Import Scale
In 2020, overseas purchases of cranes, mobile cranes fell -X% to X units, the third consecutive year of decline after two years of growth. However, imports recorded a relatively flat trend pattern during the period under review. The fastest growth was in 2013, with imports increasing by X% year-on-year. As a result, imports peaked at X units. Import growth remained low between 2014 and 2020.

In terms of value, crane imports dropped significantly to $X in 2020. Overall, however, there has been a marked contraction in imports. The most significant growth rate occurred in 2011, when imports increased by X% year-on-year. As a result, imports peaked at X dollars. Import growth remained low between 2012 and 2020.

In 2020, China (X units) was the largest supplier of cranes to Argentina, accounting for X% of total imports. In addition, crane imports from China were three times higher than the number recorded by the second largest supplier, Brazil (X units). Italy (X units) ranks third in total imports with a share of X%.

From 2007 to 2020, the average annual growth rate of sales from China is +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: Brazil (+X% per annum) and Italy (-X% per annum). Argentina’s largest crane suppliers by value are China ($X), Italy ($X) and Brazil ($X), which together account for X% of total imports. South Korea is a bit behind, with another X South Korea (+X% per annum) having the highest import value growth among the major suppliers during the period under review, while other leaders experienced more modest growth rates in their purchases.

Statistics of various crane suppliers in Argentina
China, Italy and Brazil are Argentina’s largest crane suppliers by value, together accounting for 60% of total imports. South Korea is a little behind with 6.2%.

In terms of value, Chile remains the main foreign market for Argentine crane exports.

The average export price of cranes in 2020 was $26,927 per unit, an increase of 456% over the previous year.

In 2020, the average price of crane imports was US$18,997 per unit, up 40% from the previous year.

How to customize crane from China
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Argentina Crane Market Study 2022
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