Argentina: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Argentina

In 2022, the Argentinian inflator system airbag market increased by 18% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +106.0% against 2020 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Inflator System Airbag Exports

Exports from Argentina

After two years of growth, overseas shipments of airbags with inflator system and parts thereof decreased by -68.4% to X tons in 2022. In general, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 423%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, inflator system airbag exports declined significantly to $X in 2022. Overall, exports continue to indicate a noticeable slump. The growth pace was the most rapid in 2021 when exports increased by 561%. As a result, the exports attained the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Uruguay (X tons) was the main destination for inflator system airbag exports from Argentina, accounting for a 57% share of total exports. Moreover, inflator system airbag exports to Uruguay exceeded the volume sent to the second major destination, Peru (X kg), fourfold. The third position in this ranking was held by Paraguay (X kg), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Uruguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+43.2% per year) and Paraguay (+1.4% per year).

In value terms, the largest markets for inflator system airbag exported from Argentina were Uruguay ($X), Peru ($X) and Brazil ($X), together comprising 81% of total exports.

Among the main countries of destination, Peru, with a CAGR of +41.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average inflator system airbag export price stood at $X per ton in 2022, shrinking by -21.9% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 53%. The export price peaked at $X per ton in 2021, and then declined significantly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Inflator System Airbag Imports

Imports into Argentina

For the third consecutive year, Argentina recorded growth in purchases abroad of airbags with inflator system and parts thereof, which increased by 16% to X tons in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +126.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, inflator system airbag imports soared to $X in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +115.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Brazil (X tons), Thailand (X tons) and Poland (X tons) were the main suppliers of inflator system airbag imports to Argentina, with a combined 76% share of total imports. Mexico, Romania, South Africa, Spain, Germany, France and Turkey lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +50.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of airbags with inflator system and parts thereof to Argentina, comprising 46% of total imports. The second position in the ranking was taken by Thailand ($X), with a 19% share of total imports. It was followed by Poland, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+9.5% per year) and Poland (+0.8% per year).

Import Prices by Country

The average inflator system airbag import price stood at $X per ton in 2022, growing by 3.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 49% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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