Argentina: Market for Ballasts For Discharge Lamps Or Tubes 2025

Market Size for Ballasts For Discharge Lamps Or Tubes in Argentina

The Argentinian ballast for discharge lamp market contracted to $X in 2021, which is down by -5% against the previous year. Over the period under review, consumption continues to indicate a abrupt descent. Ballast for discharge lamp consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Ballasts For Discharge Lamps Or Tubes in Argentina

In value terms, ballast for discharge lamp production declined to $X in 2021 estimated in export price. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 39% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Argentina

In 2021, the amount of ballasts for discharge lamps or tubes exported from Argentina fell sharply to X units, which is down by -41% compared with 2020. Overall, exports saw a sharp descent. The pace of growth appeared the most rapid in 2019 when exports increased by 59%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, ballast for discharge lamp exports contracted markedly to $X in 2021. Over the period under review, exports recorded a sharp decline. The smallest decline of -7.3% was in 2019. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for ballast for discharge lamp exports from Argentina, with a 87% share of total exports. Moreover, ballast for discharge lamp exports to Brazil exceeded the volume sent to the second major destination, Peru (X units), more than tenfold. Ecuador (X units) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume to Brazil stood at -31.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-32.7% per year) and Ecuador (-34.7% per year).

In value terms, Brazil ($X) remains the key foreign market for ballast for discharge lamp exports from Argentina, comprising 94% of total exports. The second position in the ranking was held by Ecuador ($X), with a 2.6% share of total exports. It was followed by Peru, with a 0.6% share.

From 2012 to 2021, the average annual growth rate of value to Brazil stood at -28.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-34.7% per year) and Peru (-37.4% per year).

Export Prices by Country

The average ballast for discharge lamp export price stood at $X per unit in 2021, rising by 40% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2018 when the average export price increased by 84%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Brazil ($X per unit), while the average price for exports to Peru ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Argentina

In 2021, overseas purchases of ballasts for discharge lamps or tubes increased by 13% to X units, rising for the third year in a row after three years of decline. In general, imports, however, faced a sharp shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 32% against the previous year. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, ballast for discharge lamp imports dropped to $X in 2021. Overall, imports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 38% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X units) was the main supplier of ballast for discharge lamp to Argentina, with a 96% share of total imports. It was followed by China (X units), with a 0.5% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-58.2% per year) and Brazil (-57.2% per year).

In value terms, Italy ($X) constituted the largest supplier of ballast for discharge lamp to Argentina, comprising 44% of total imports. The second position in the ranking was held by China ($X), with an 8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-36.8% per year) and Brazil (-41.3% per year).

Import Prices by Country

In 2021, the average ballast for discharge lamp import price amounted to $X per unit, declining by -15.8% against the previous year. In general, the import price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 an increase of 105%. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 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, the country with the highest price was Brazil ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+51.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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