Argentina: Bumper Market 2025

Bumper Market Size in Argentina

In 2022, the Argentinian bumper market increased by 53% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a significant increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Bumper Exports

Exports from Argentina

In 2022, the amount of bumpers exported from Argentina totaled X tons, growing by 8.5% against 2021 figures. In general, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by 17% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, bumper exports surged to $X in 2022. Overall, exports, however, recorded a abrupt decline. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for bumper exports from Argentina, with a 66% share of total exports. Moreover, bumper exports to Brazil exceeded the volume sent to the second major destination, Mexico (X tons), tenfold. The third position in this ranking was taken by Uruguay (X tons), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil amounted to -3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+7.3% per year) and Uruguay (+7.9% per year).

In value terms, Brazil ($X) remains the key foreign market for bumpers exports from Argentina, comprising 55% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 9.4% share of total exports. It was followed by Germany, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled -9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+11.8% per year) and Germany (-15.3% per year).

Export Prices by Country

In 2022, the average bumper export price amounted to $X per ton, surging by 35% against the previous year. Overall, the export price, however, showed a abrupt setback. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Bumper Imports

Imports into Argentina

In 2022, purchases abroad of bumpers increased by 29% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.4% 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 +104.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, bumper imports skyrocketed to $X in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 +124.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Brazil (X tons) constituted the largest bumper supplier to Argentina, with a 55% share of total imports. Moreover, bumper imports from Brazil exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fourfold. The third position in this ranking was taken by Mexico (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+13.1% per year) and Mexico (+24.5% per year).

In value terms, Brazil ($X) constituted the largest supplier of bumpers to Argentina, comprising 50% of total imports. The second position in the ranking was taken by Thailand ($X), with a 12% share of total imports. It was followed by Mexico, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+17.2% per year) and Mexico (+19.4% per year).

Import Prices by Country

In 2022, the average bumper import price amounted to $X per ton, rising by 8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2013 when the average import price increased by 14% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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