Argentina: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Argentina

In 2022, the Argentinian chain scoops and sliders market increased by 46% to $X, rising for the third year in a row after two years of decline. Overall, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +118.6% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from Argentina

In 2022, overseas shipments of chain scoops, sliders, runners, end pieces and narrow strips increased by 818% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, chain scoops and sliders exports soared to $X in 2022. Over the period under review, exports, however, recorded a deep setback. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Uruguay (X tons) was the main destination for chain scoops and sliders exports from Argentina, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay stood at -1.8%.

In value terms, Uruguay ($X) also remains the key foreign market for chain scoops, sliders, runners, end pieces and narrow strips exports from Argentina.

From 2012 to 2022, the average annual growth rate of value to Uruguay totaled +1.0%.

Export Prices by Country

In 2022, the average chain scoops and sliders export price amounted to $X per ton, rising by 34% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chain scoops and sliders export price decreased by -4.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 52% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 Brazil amounted to +4.8% per year.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into Argentina

In 2022, supplies from abroad of chain scoops, sliders, runners, end pieces and narrow strips increased by 28% to X tons, rising for the third year in a row after two years of decline. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +3.3% 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 +85.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chain scoops and sliders imports surged to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +123.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons), China (X tons) and Peru (X tons) were the main suppliers of chain scoops and sliders imports to Argentina, together comprising 67% of total imports. India, Indonesia, Japan and Taiwan (Chinese) lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +18.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of chain scoops, sliders, runners, end pieces and narrow strips to Argentina, comprising 40% of total imports. The second position in the ranking was held by Peru ($X), with a 19% share of total imports. It was followed by China, with a 16% 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: Peru (+10.3% per year) and China (+4.7% per year).

Import Prices by Country

The average chain scoops and sliders import price stood at $X per ton in 2022, rising by 17% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 21%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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