Argentina: Non-Electric Chainsaw Market 2024

Non-Electric Chainsaw Market Size in Argentina

In 2022, the Argentinian non-electric chainsaw market increased by 3.4% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption continues to indicate notable growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Non-Electric Chainsaw Exports

Exports from Argentina

In 2022, overseas shipments of chainsaws with a self-contained non-electric motor were finally on the rise to reach X units for the first time since 2012, thus ending a nine-year declining trend. In general, exports, however, showed a precipitous setback. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric chainsaw exports expanded slightly to $X in 2022. Over the period under review, exports, however, recorded a sharp slump. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units), Paraguay (X units) and Peru (X units) were the main destinations of non-electric chainsaw exports from Argentina, together comprising 79% of total exports. Bolivia, Chile and Uruguay lagged somewhat behind, together comprising a further 21%. Moreover, non-electric chainsaw exports in Singapore exceeded the figures recorded by the second-largest exporter, Paraguay, twofold.

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

In value terms, Singapore ($X) remains the key foreign market for chainsaws with a self-contained non-electric motor exports from Argentina, comprising 69% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 27% share of total exports. It was followed by Peru, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled -29.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-16.0% per year) and Peru (-15.0% per year).

Export Prices by Country

The average non-electric chainsaw export price stood at $X per unit in 2022, which is down by -5.1% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric chainsaw export price increased by +78.0% against 2013 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 24%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then reduced in the following year.

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 Singapore ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Electric Chainsaw Imports

Imports into Argentina

In 2022, supplies from abroad of chainsaws with a self-contained non-electric motor increased by 1.9% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 94%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, non-electric chainsaw imports amounted to $X in 2022. Overall, imports enjoyed a pronounced increase. The growth pace was the most rapid in 2021 when imports increased by 122% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of non-electric chainsaw to Argentina, with a 91% share of total imports. Moreover, non-electric chainsaw imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+9.7% per year) and Germany (-13.0% per year).

In value terms, China ($X) constituted the largest supplier of chainsaws with a self-contained non-electric motor to Argentina, comprising 69% of total imports. The second position in the ranking was taken by Brazil ($X), with a 16% share of total imports. It was followed by Germany, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+8.6% per year) and Germany (-12.1% per year).

Import Prices by Country

The average non-electric chainsaw import price stood at $X per unit in 2022, with an increase of 1.9% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of 15%. The import price peaked at $X per unit in 2014; however, from 2015 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 Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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