Cranes; Tower Cranes Price in Argentina - 2023

Cranes; Tower Cranes Price in Argentina (CIF) - 2022

The average cranes; tower cranes import price stood at $87,144 per unit in 2022, increasing by 16% against the previous year. Overall, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2015 when the average import price increased by 23%. Over the period under review, average import prices attained the maximum at $135,613 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($307,487 per unit), while the price for the United States ($3,364 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranes; Tower Cranes Price in Argentina (FOB) - 2022

In 2022, the average cranes; tower cranes export price amounted to $17,560 per unit, surging by 111% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The export price peaked at $47,500 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to -5.8% per year.

Cranes; Tower Cranes Imports in Argentina

In 2022, the amount of cranes; tower craneses imported into Argentina fell rapidly to 12 units, which is down by -45.5% compared with the previous year's figure. Over the period under review, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 340%. Imports peaked at 25 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cranes; tower cranes imports fell dramatically to $1M in 2022. In general, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 302% against the previous year. Imports peaked at $2.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Cranes; Tower Cranes in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,198	219	123	468	-26.9%
Belgium	406	132	492	257	-14.1%
Spain	352	16.9	352	193	-18.2%
Brazil	49.1	N/A	68.8	37.8	-8.3%
Italy	30.9	12.1	62.6	34.4	3.6%
Portugal	13.3	21.1	26.7	23.1	20.2%
Others	65.0	15.3	549	32.4	-20.7%
Total	2,115	417	1,675	1,046	-20.9%

Top Suppliers of Cranes; Tower Cranes to Argentina in 2022:

Spain (4.0 units)
China (3.0 units)
Brazil (1.0 units)
Italy (1.0 units)
Portugal (1.0 units)
Belgium (1.0 units)

Cranes; Tower Cranes Exports in Argentina

In 2022, after three years of growth, there was significant decline in overseas shipments of cranes; tower craneses, when their volume decreased by -50% to 1 units. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 100%. As a result, the exports attained the peak of 2 units, and then fell significantly in the following year.

In value terms, cranes; tower cranes exports soared to $18K in 2022. Overall, exports saw a abrupt setback. Over the period under review, the exports hit record highs at $29K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.