Argentina: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in Argentina

In 2022, the Argentinian coated arc-welding electrode market increased by X% to $X, rising for the second consecutive year after six years of decline. In general, consumption, however, saw a pronounced setback. Coated arc-welding electrode consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Coated Arc-Welding Electrode Production in Argentina

In value terms, coated arc-welding electrode production contracted slightly to $X in 2022 estimated in export price. Overall, production saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Coated Arc-Welding Electrode Exports

Exports from Argentina

In 2022, after two years of growth, there was significant decline in overseas shipments of coated base metal electrodes for electric arc-welding, when their volume decreased by X% to X tons. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode exports shrank markedly to $X in 2022. Over the period under review, exports continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Paraguay (X tons) was the main destination for coated arc-welding electrode exports from Argentina, accounting for a X% share of total exports. Moreover, coated arc-welding electrode exports to Paraguay exceeded the volume sent to the second major destination, Uruguay (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay amounted to X%.

In value terms, Paraguay ($X) emerged as the key foreign market for coated base metal electrodes for electric arc-welding exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Uruguay ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay stood at X%.

Export Prices by Country

The average coated arc-welding electrode export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Paraguay stood at $X per ton.

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

Coated Arc-Welding Electrode Imports

Imports into Argentina

In 2022, after two years of growth, there was decline in purchases abroad of coated base metal electrodes for electric arc-welding, when their volume decreased by X% to X tons. Over the period under review, imports, however, posted notable growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then fell modestly in the following year.

In value terms, coated arc-welding electrode imports soared to $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of coated arc-welding electrode to Argentina, with a X% share of total imports. Moreover, coated arc-welding electrode imports from China exceeded the figures recorded by the second-largest supplier, Chile (X tons), threefold. Brazil (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Brazil (X% per year).

In value terms, China ($X), Brazil ($X) and South Korea ($X) constituted the largest coated arc-welding electrode suppliers to Argentina, together accounting for X% of total imports. The United States, Chile, Paraguay, India and Turkey lagged somewhat behind, together comprising a further X%.

Among the main suppliers, India, with a CAGR of X%, saw 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

The average coated arc-welding electrode import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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