Argentina: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Argentina

In 2022, the Argentinian telephone apparatus market increased by 88% to $X, rising for the second consecutive year after three years of decline. In general, consumption saw prominent growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Telephone Apparatus Exports

Exports from Argentina

Telephone apparatus exports from Argentina contracted slightly to X tons in 2022, which is down by -3.1% compared with the previous year. Overall, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2013 when exports increased by 327% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, telephone apparatus exports surged to $X in 2022. In general, exports, however, continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 127%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons), Chile (X tons) and Colombia (X tons) were the main destinations of telephone apparatus exports from Argentina, with a combined 39% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +19.2%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for telephone apparatus exports from Argentina, comprising 73% of total exports. The second position in the ranking was held by Chile ($X), with a 6.7% share of total exports. It was followed by Paraguay, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-3.9% per year) and Paraguay (-1.5% per year).

Export Prices by Country

The average telephone apparatus export price stood at $X per ton in 2021, with a decrease of -23.1% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by 487% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Telephone Apparatus Imports

Imports into Argentina

In 2022, after four years of decline, there was significant growth in supplies from abroad of telephone apparatus, when their volume increased by 96% to X tons. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by 461%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, telephone apparatus imports skyrocketed to $X in 2022. Overall, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +122.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest telephone apparatus supplier to Argentina, with a 32% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. Mexico (X tons) ranked third in terms of total imports with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+64.3% per year) and Mexico (-15.4% per year).

In value terms, China ($X), Vietnam ($X) and Mexico ($X) constituted the largest telephone apparatus suppliers to Argentina, together comprising 89% of total imports.

Vietnam, with a CAGR of +81.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average telephone apparatus import price stood at $X per ton in 2021, rising by 50% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 148%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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