Report Update Nov 1, 2024

Argentina - Braces, Suspenders and Garters - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Braces And Garters Market 2024

Braces And Garters Market Size in Argentina

The Argentinian braces and garters market contracted modestly to $X in 2022, reducing by -2.2% against the previous year. In general, consumption recorded a slight descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Braces And Garters Production in Argentina

In value terms, braces and garters production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 44%. Braces and garters production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Braces And Garters Exports

Exports from Argentina

In 2022, the amount of braces, suspenders and garters exported from Argentina contracted to X units, with a decrease of -12.5% compared with 2021. Overall, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of 94%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, braces and garters exports dropped rapidly to $X in 2022. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 79%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Uruguay (X units) was the main destination for braces and garters exports from Argentina, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Uruguay stood at -8.5%.

In value terms, Uruguay ($X) also remains the key foreign market for braces, suspenders and garters exports from Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay totaled -7.1%.

Export Prices by Country

The average braces and garters export price stood at $X per unit in 2022, reducing by -10.9% against the previous year. Over the period under review, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2018 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Uruguay amounted to +1.5% per year.

Braces And Garters Imports

Imports into Argentina

In 2022, overseas purchases of braces, suspenders and garters decreased by -41.5% to X units, falling for the fourth year in a row after two years of growth. Overall, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 101%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, braces and garters imports reached $X in 2022. Over the period under review, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of 47% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Brazil (X units) and Colombia (X units) were the main suppliers of braces and garters imports to Argentina, together accounting for 93% of total imports. Paraguay and the United States lagged somewhat behind, together comprising a further 6%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Paraguay (with a CAGR of +58.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X), China ($X) and the United States ($X) were the largest braces and garters suppliers to Argentina, together accounting for 90% of total imports.

The United States, with a CAGR of +47.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average braces and garters import price stood at $X per unit in 2022, surging by 76% against the previous year. In general, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for braces, suspenders and garters in the world?

The countries with the highest volumes of braces and garters consumption in 2020 were China, Japan and the United States, together comprising 30% of global consumption.

What are the largest producers of braces, suspenders and garters in the world?

The country with the largest volume of braces and garters production was China, accounting for 22% of total volume. Moreover, braces and garters production in China exceeded the figures recorded by the second-largest producer, India, threefold. Indonesia ranked third in terms of total production with a 4.5% share.

What are the leading suppliers of braces, suspenders and garters to Argentina?

In value terms, the largest braces and garters suppliers to Argentina were China, Brazil and Paraguay, with a combined 81% share of total imports.

What are the leading importers of braces, suspenders and garters from Argentina?

In value terms, Uruguay remains the key foreign market for braces and garters exports from Argentina.

What is the average export price for braces, suspenders and garters in Argentina?

The average braces and garters export price stood at $13,158 per ton in 2020, falling by -38.6% against the previous year.

What is the average import price for braces, suspenders and garters in Argentina?

In 2020, the average braces and garters import price amounted to $19,866 per ton, waning by -9.1% against the previous year.

This report provides an in-depth analysis of the braces and garters market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 14142570 - Braces, suspenders, garters and similar articles and parts thereof

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023