Argentina: Metal Bath Market 2025

Metal Bath Market Size in Argentina

The Argentinian metal bath market declined dramatically to $X in 2021, with a decrease of -15.1% 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). In general, consumption recorded a abrupt decline. Metal bath consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Metal Bath Exports

Exports from Argentina

In 2021, overseas shipments of baths of iron or steel increased by 69% to X tons, rising for the third consecutive year after two years of decline. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when exports increased by 242% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal bath exports surged to $X in 2021. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by 264%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Dominican Republic (X kg) was the main destination for metal bath exports from Argentina, accounting for a 38% share of total exports. Moreover, metal bath exports to the Dominican Republic exceeded the volume sent to the second major destination, Paraguay (X kg), fourfold. The third position in this ranking was held by Uruguay (X kg), with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume to the Dominican Republic totaled -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-3.5% per year) and Uruguay (-17.7% per year).

In value terms, the Dominican Republic ($X) remains the key foreign market for baths of iron or steel exports from Argentina, comprising 42% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 4.5% share of total exports. It was followed by Paraguay, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Dominican Republic totaled -20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-31.5% per year) and Paraguay (-4.9% per year).

Export Prices by Country

The average metal bath export price stood at $X per ton in 2021, dropping by -16.5% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 154%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then contracted sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Uruguay ($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 Bolivia (+27.1%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Bath Imports

Imports into Argentina

For the fourth consecutive year, Argentina recorded decline in supplies from abroad of baths of iron or steel, which decreased by -28.4% to X tons in 2021. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 95% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, metal bath imports reduced to $X in 2021. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 97%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Portugal (X tons), China (X tons) and Italy (X tons) were the main suppliers of metal bath imports to Argentina, together comprising 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +10.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest metal bath suppliers to Argentina were Portugal ($X), China ($X) and Italy ($X), together accounting for 96% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +11.8%, 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 mixed trend patterns.

Import Prices by Country

The average metal bath import price stood at $X per ton in 2021, increasing by 26% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Spain ($X per ton) and Italy ($X per ton), while the price for Portugal ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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