Argentina: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2024

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Argentina

The Argentinian market for blankets and travelling rugs of synthetic fibres dropped to $X in 2022, declining by -11.4% against the previous year. Overall, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% 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 +10.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in Argentina

In value terms, travelling rugs of synthetic fibre production declined to $X in 2022 estimated in export price. Overall, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +17.2% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 48%. Travelling rugs of synthetic fibre production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Argentina

After two years of growth, overseas shipments of blankets and travelling rugs of synthetic fibres decreased by -2.7% to X units in 2022. In general, exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 92% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre exports reduced to $X in 2022. Over the period under review, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 45%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for travelling rugs of synthetic fibre exports from Argentina, with a 84% share of total exports. Moreover, travelling rugs of synthetic fibre exports to Brazil exceeded the volume sent to the second major destination, Uruguay (X units), tenfold. The United States (X units) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil stood at -24.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-33.2% per year) and the United States (+10.2% per year).

In value terms, Brazil ($X) remains the key foreign market for blankets and travelling rugs of synthetic fibres exports from Argentina, comprising 55% of total exports. The second position in the ranking was held by Uruguay ($X), with a 21% share of total exports. It was followed by El Salvador, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil totaled -29.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-32.4% per year) and El Salvador (+5.7% per year).

Export Prices by Country

In 2022, the average export price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, dropping by -8.1% against the previous year. Over the period under review, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Argentina

In 2022, after two years of growth, there was significant decline in supplies from abroad of blankets and travelling rugs of synthetic fibres, when their volume decreased by -11.8% to X units. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of 24% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre imports declined modestly to $X in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of 19%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of travelling rugs of synthetic fibre to Argentina, accounting for a 73% share of total imports. Moreover, travelling rugs of synthetic fibre imports from China exceeded the figures recorded by the second-largest supplier, Paraguay (X units), sixfold. Uruguay (X units) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+35.9% per year) and Uruguay (-17.1% per year).

In value terms, China ($X) constituted the largest supplier of blankets and travelling rugs of synthetic fibres to Argentina, comprising 70% of total imports. The second position in the ranking was held by Paraguay ($X), with a 13% share of total imports. It was followed by Uruguay, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+42.2% per year) and Uruguay (-15.9% per year).

Import Prices by Country

In 2022, the average import price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, growing by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($X per unit), while the price for Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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