Argentina: Porcelain Technical Ware Market 2024

Porcelain Technical Ware Market Size in Argentina

The Argentinian porcelain technical ware market soared to $X in 2022, jumping by 200% 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 posted a prominent expansion. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Porcelain Technical Ware Exports

Exports from Argentina

In 2022, porcelain technical ware exports from Argentina dropped remarkably to X kg, waning by -20.2% on the previous year's figure. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 604%. As a result, the exports reached the peak of X kg. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, porcelain technical ware exports shrank dramatically to $X in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 888% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X kg), Portugal (X kg) and Uruguay (X kg) were the main destinations of porcelain technical ware exports from Argentina, with a combined 95% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Chile ($X) remains the key foreign market for porcelain ceramic wares for laboratory, technical, and chemical use exports from Argentina, comprising 62% of total exports. The second position in the ranking was held by Uruguay ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chile stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (0.0% per year) and Portugal (0.0% per year).

Export Prices by Country

The average porcelain technical ware export price stood at $X per ton in 2022, dropping by -18.6% against the previous year. Over the period under review, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2021 an increase of 103% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Portugal ($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 Chile (+105.4%), while the prices for the other major destinations experienced a decline.

Porcelain Technical Ware Imports

Imports into Argentina

In 2022, the amount of porcelain ceramic wares for laboratory, technical, and chemical use imported into Argentina surged to X tons, growing by 207% against the previous year's figure. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2020 when imports increased by 516%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, porcelain technical ware imports surged to $X in 2022. In general, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2015 when imports increased by 117% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest porcelain technical ware supplier to Argentina, accounting for a 89% share of total imports. Moreover, porcelain technical ware imports from China exceeded the figures recorded by the second-largest supplier, the United States (X kg), more than tenfold. The third position in this ranking was taken by Turkey (X kg), with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+11.9% per year) and Turkey (+14.5% per year).

In value terms, the largest porcelain technical ware suppliers to Argentina were China ($X), the United States ($X) and Italy ($X), together accounting for 74% of total imports.

China, with a CAGR of +19.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average porcelain technical ware import price amounted to $X per ton, falling by -32.8% against the previous year. Overall, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 299%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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