Argentina: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Argentina

The Argentinian centrifugal clothes-dryer market reduced notably to $X in 2021, which is down by -52% against the previous year. Over the period under review, consumption recorded a sharp reduction. Centrifugal clothes-dryer consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Production in Argentina

In value terms, centrifugal clothes-dryer production surged to $X in 2021 estimated in export price. Overall, production, however, faced a deep setback. Centrifugal clothes-dryer production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports from Argentina

In 2021, approx. X units of centrifugal clothes-dryers were exported from Argentina; growing by 127% against the year before. In general, exports, however, showed a abrupt setback. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, centrifugal clothes-dryer exports surged to $X in 2021. Overall, exports, however, continue to indicate a abrupt slump. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X units), Paraguay (X units) and the United States (X units) were the main destinations of centrifugal clothes-dryer exports from Argentina, with a combined 66% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +30.0%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Paraguay ($X) and the United States ($X) appeared to be the largest markets for centrifugal clothes-dryer exported from Argentina worldwide, together comprising 63% of total exports.

The United States, with a CAGR of +31.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average centrifugal clothes-dryer export price amounted to $X per unit, dropping by -13.2% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 20% against the previous year. The export price peaked at $X per unit in 2020, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Argentina

Centrifugal clothes-dryer imports into Argentina skyrocketed to X units in 2021, picking up by 55% against 2020. In general, imports showed a noticeable increase. The most prominent rate of growth was recorded in 2019 with an increase of 364% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, centrifugal clothes-dryer imports soared to $X in 2021. Over the period under review, imports recorded a slight expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 339% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Chile (X units) constituted the largest centrifugal clothes-dryer supplier to Argentina, accounting for a 76% share of total imports. Moreover, centrifugal clothes-dryer imports from Chile exceeded the figures recorded by the second-largest supplier, Turkey (X units), sixfold. The third position in this ranking was held by China (X units), with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from Chile amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+23.4% per year) and China (+15.4% per year).

In value terms, Chile ($X) constituted the largest supplier of centrifugal clothes-dryers to Argentina, comprising 70% of total imports. The second position in the ranking was held by Italy ($X), with a 10% share of total imports. It was followed by Turkey, with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+24.6% per year) and Turkey (+7.0% per year).

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, falling by -22.8% against the previous year. Overall, the import price recorded a slight decrease. The most prominent rate of growth was recorded in 2017 an increase of 16%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+24.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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