Latin America and the Caribbean: Teleferics And Chair-Lifts Market 2024

Teleferics And Chair-Lifts Market Size in Latin America and the Caribbean

In 2023, the Latin American teleferics and chair-lifts market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a resilient expansion from 2012 to 2023: its value 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, consumption increased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a somewhat lower figure.

Teleferics And Chair-Lifts Production in Latin America and the Caribbean

In value terms, teleferics and chair-lifts production totaled $X in 2023 estimated in export price. Over the period under review, production, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.

Teleferics And Chair-Lifts Exports

Exports in Latin America and the Caribbean

Teleferics and chair-lifts exports contracted significantly to X units in 2023, declining by X% against the previous year's figure. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of X units. From 2018 to 2023, the growth of the exports failed to regain momentum.

In value terms, teleferics and chair-lifts exports shrank markedly to $X in 2023. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

Ecuador represented the largest exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Panama (X units), creating a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to teleferics and chair-lifts exports from Ecuador stood at X%. At the same time, Panama (X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. Panama (X p.p.) and Ecuador (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ecuador ($X) remains the largest teleferics and chair-lifts supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Panama ($X), with a X% share of total exports.

In Ecuador, teleferics and chair-lifts exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while Panama totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ecuador (X%).

Teleferics And Chair-Lifts Imports

Imports in Latin America and the Caribbean

In 2023, purchases abroad of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X units. From 2020 to 2023, the growth of imports failed to regain momentum.

In value terms, teleferics and chair-lifts imports surged to $X in 2023. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the near future.

Imports by Country

Chile (X units) and Bolivia (X units) represented roughly X% of total imports in 2023. It was distantly followed by Colombia (X units), mixing up a X% share of total imports. Guyana (X units) held a relatively small share of total imports.

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

In value terms, the largest teleferics and chair-lifts importing markets in Latin America and the Caribbean were Bolivia ($X), Colombia ($X) and Chile ($X), together accounting for X% of total imports. Guyana lagged somewhat behind, comprising a further X%.

In terms of the main importing countries, Guyana, with a CAGR of X%, 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

In 2023, the import price in Latin America and the Caribbean amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price recorded a noticeable decline. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked at $X per unit in 2022, and then fell dramatically in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Guyana ($X per unit), while Chile ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform