Brazil: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Brazil

The Brazilian overhead travelling crane market rose to $X in 2023, surging by X% against the previous year. Overall, consumption, however, recorded a perceptible decline. Overhead travelling crane consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Overhead Travelling Crane Production in Brazil

In value terms, overhead travelling crane production rose significantly to $X in 2023 estimated in export price. In general, production, however, showed a noticeable slump. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Overhead Travelling Crane Exports

Exports from Brazil

In 2023, exports of overhead travelling cranes on fixed support from Brazil soared to X units, rising by X% compared with the previous year's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, overhead travelling crane exports soared to $X in 2023. Overall, exports, however, faced a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Paraguay (X units) was the main destination for overhead travelling crane exports from Brazil, with a X% share of total exports. Moreover, overhead travelling crane exports to Paraguay exceeded the volume sent to the second major destination, Guyana (X units), sevenfold. Argentina (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Paraguay totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (X% per year) and Argentina (X% per year).

In value terms, Paraguay ($X) emerged as the key foreign market for overhead travelling cranes on fixed support exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Panama (X% per year).

Export Prices by Country

In 2023, the average overhead travelling crane export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Namibia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Overhead Travelling Crane Imports

Imports into Brazil

In 2023, purchases abroad of overhead travelling cranes on fixed support decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. In general, imports recorded a sharp decrease. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked at X units in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, overhead travelling crane imports declined rapidly to $X in 2023. Overall, imports recorded a precipitous descent. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and the United States (X units) were the main suppliers of overhead travelling crane imports to Brazil, together accounting for X% of total imports. Moreover, overhead travelling crane imports in China exceeded the figures recorded by the second-largest supplier, Germany, twofold.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of overhead travelling cranes on fixed support to Brazil, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

Import Prices by Country

The average overhead travelling crane import price stood at $X per unit in 2023, with an increase of X% against the previous year. In general, import price indicated a mild expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, overhead travelling crane import price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2023, 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 ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform