Argentina: Base Metal Padlock Market 2025

Base Metal Padlock Market Size in Argentina

In 2022, the Argentinian base metal padlock market increased by 1.2% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +49.2% against 2020 indices. Base metal padlock consumption peaked in 2022 and is likely to see gradual growth in the near future.

Base Metal Padlock Exports

Exports from Argentina

In 2022, the amount of base metal padlocks exported from Argentina skyrocketed to X kg, increasing by 209% compared with the year before. Overall, exports, however, continue to indicate a deep setback. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, base metal padlock exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X kg) was the main destination for base metal padlock exports from Argentina, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay stood at -6.4%.

In value terms, Uruguay ($X) also remains the key foreign market for base metal padlocks exports from Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay totaled -11.2%.

Export Prices by Country

The average base metal padlock export price stood at $X per ton in 2022, with an increase of 11% against the previous year. In general, the export price, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2014 an increase of 17%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -3.1% per year.

Base Metal Padlock Imports

Imports into Argentina

After two years of growth, purchases abroad of base metal padlocks decreased by -9.2% to X tons in 2022. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% 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 +21.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 29%. Over the period under review, imports attained the maximum at X tons in 2021, and then reduced in the following year.

In value terms, base metal padlock imports rose slightly to $X in 2022. In general, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.5% 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 +54.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) was the main supplier of base metal padlock to Argentina, with a 96% share of total imports. It was followed by Thailand (X tons), with a 1.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +4.6%.

In value terms, China ($X) constituted the largest supplier of base metal padlocks to Argentina, comprising 73% of total imports. The second position in the ranking was taken by Thailand ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +4.5%.

Import Prices by Country

The average base metal padlock import price stood at $X per ton in 2022, growing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2014 an increase of 22%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.8%).

Source: IndexBox Platform

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