In 2021, the Argentinian market for pulley tackle and hoists powered by an electric motor increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a pronounced curtailment. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.
In 2021, Аргентина's exports of electric pulley blocks and cranes surged to X units, an increase of X% year-on-year. Overall, however, exports face a severe decline. The pace of growth was most pronounced in 2019, with exports up X% over the previous year. During the reporting period, exports reached a record X units in 2012; however, exports remained low from 2013 to 2021.
In terms of value, by 2021, exports of electric pulley blocks and cranes surged to X dollars. However, the value of exports fell sharply during the period under review. The growth rate was most notable in 2019, with an increase of X% compared to the previous year. In 2012, exports peaked at $X; however, exports remained low from 2013 to 2021.
Paraguay (X units) is the main export destination of motor-driven pulley blocks and cranes from Argentina, accounting for X% of total exports. In addition, the number of pulley blocks and electric hoists exported to Paraguay exceeded six times that shipped to the second largest destination, Guatemala (X units). In third place is Bolivia (X units), with a share of X%.
From 2012 to 2021, Paraguay's average annual growth rate is relatively modest. The average annual growth rate of exports to other major destinations is as follows: Guatemala (X% per year) and Bolivia (-X% per year).
In terms of value, Paraguay (USD X) emerged as the main foreign market for Argentina's exports of electric motor driven pulley blocks and cranes, accounting for X% of total exports. In second place is Guatemala ($X), with X% of total exports. Bolivia follows with an X% share.
Between 2012 and 2021, Paraguay's average annual value growth rate totals -X%. The average annual growth rate of exports to other major destinations is as follows: Guatemala (X% per year) and Bolivia (-X% per year).
In 2021, foreign supply of electric motor-driven pulley blocks and hoists increased by X% to X units, the second consecutive year of growth after two years of decline. Overall, however, imports continued to decline slightly. Growth appears to be fastest in 2017, with imports up by X%. Thus, imports peak at X units. From 2018 to 2021, import growth will remain at a low level.
In terms of value, in 2021, imports of pulley blocks and hoists driven by electric motors have grown significantly to $X. Overall, however, imports continued to show a sudden setback. The pace of growth was most pronounced in 2020, with imports up X%. During the reporting period, imports peaked at USD X in 2015; however, imports remained low from 2016 to 2021.
In 2021, China (X units) is the main pulley blocks and cranes powered by Argentine motor suppliers, accounting for X% of total imports. It was followed by Италия (X units), which accounted for X% of total imports. From 2012 to 2021, the average annual growth rate of China's output reaches -X%. The average annual growth rates of imports for the remaining supplying countries are as follows: Italy (+X% per annum) and the США (+X% per annum).
China ($X) is the largest supplier of pulley blocks and electric hoists to Argentina by value, accounting for X% of total imports. In second place is the United States ($X), accounting for X% of total imports.
From 2012 to 2021, the average annual growth rate of China's value is -X%. The average annual growth rates of imports for the remaining supplying countries are as follows: the United States (+X% per year) and Italy (-X% per year).
In value terms, China constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Argentina, comprising 23% of total imports. The second position in the ranking was taken by the United States, with a 10% share of total imports.
In value terms, Paraguay emerged as the key foreign market for pulley tackle and hoists powered by an electric motor exports from Argentina, comprising 29% of total exports. The second position in the ranking was held by Guatemala, with an 11% share of total exports. It was followed by Bolivia, with a 6.8% share.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $1,920 per unit, stabilizing at the previous year.
The average import price for pulley tackle and hoists powered by an electric motor stood at $300 per unit in 2021, with a decrease of -10% against the previous year.
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