Argentina: Base Metal Hinge Market 2025

Base Metal Hinge Market Size in Argentina

The Argentinian base metal hinge market skyrocketed to $X in 2021, growing by 65% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a pronounced decline. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Base Metal Hinge Exports

Exports from Argentina

In 2021, overseas shipments of base metal hinges decreased by -37.1% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2013 when exports increased by 57% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, base metal hinge exports declined markedly to $X in 2021. In general, exports showed a deep reduction. The growth pace was the most rapid in 2013 with an increase of 63%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for base metal hinge exports from Argentina, accounting for a 50% share of total exports. Moreover, base metal hinge exports to Brazil exceeded the volume sent to the second major destination, Paraguay (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil totaled -15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-11.3% per year) and the United States (+10.6% per year).

In value terms, Brazil ($X) remains the key foreign market for base metal hinges exports from Argentina, comprising 65% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 13% share of total exports. It was followed by Paraguay, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Brazil totaled -13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-5.9% per year) and Paraguay (-6.9% per year).

Export Prices by Country

The average base metal hinge export price stood at $X per ton in 2021, rising by 32% against the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to the United States ($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 Paraguay (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Base Metal Hinge Imports

Imports into Argentina

In 2021, purchases abroad of base metal hinges increased by 40% to X tons, rising for the second year in a row after six years of decline. In general, imports, however, recorded a mild setback. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, base metal hinge imports surged to $X in 2021. Overall, imports, however, recorded a pronounced curtailment. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of base metal hinge to Argentina, with a 44% share of total imports. Moreover, base metal hinge imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-5.1% per year) and Spain (+5.4% per year).

In value terms, China ($X), Brazil ($X) and Germany ($X) were the largest base metal hinge suppliers to Argentina, with a combined 62% share of total imports. These countries were followed by Italy, Thailand, Spain, Turkey, Romania, France and South Korea, which together accounted for a further 27%.

Romania, with a CAGR of +114.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average base metal hinge import price stood at $X per ton in 2021, picking up by 18% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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