Argentina: Totaliser Market 2024

Totaliser Market Size in Argentina

The Argentinian totaliser market contracted rapidly to $X in 2021, falling by -63.6% 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 saw a deep slump. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Totaliser Exports

Exports from Argentina

In 2021, after two years of growth, there was decline in shipments abroad of continuous and discontinuous totalisers, when their volume decreased by 0% to X units. Over the period under review, exports enjoyed a tangible increase. The pace of growth was the most pronounced in 2013 with an increase of 160% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, totaliser exports surged to $X in 2021. Overall, exports continue to indicate a slight contraction. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X units) was the main destination for totaliser exports from Argentina, with a 79% share of total exports. Moreover, totaliser exports to Bolivia exceeded the volume sent to the second major destination, Paraguay (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Bolivia stood at +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-7.4% per year) and Venezuela (-11.5% per year).

In value terms, Chile ($X), Paraguay ($X) and Venezuela ($X) appeared to be the largest markets for totaliser exported from Argentina worldwide, with a combined 66% share of total exports.

Among the main countries of destination, Chile, with a CAGR of +49.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average totaliser export price amounted to $X per unit, surging by 97% against the previous year. Overall, the export price, however, showed a perceptible decrease. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

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 Chile ($X per unit), while the average price for exports to Bolivia ($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 Chile (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Totaliser Imports

Imports into Argentina

In 2021, the amount of continuous and discontinuous totalisers imported into Argentina reduced sharply to X units, shrinking by -39.5% on 2020. In general, imports faced a deep contraction. The pace of growth was the most pronounced in 2018 when imports increased by 51% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, totaliser imports reduced notably to $X in 2021. Overall, imports faced a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by 56% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Iceland (X units) constituted the largest totaliser supplier to Argentina, accounting for a 42% share of total imports. Moreover, totaliser imports from Iceland exceeded the figures recorded by the second-largest supplier, New Zealand (X units), sixfold. The Netherlands (X units) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Iceland amounted to +20.9%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+8.0% per year) and the Netherlands (+8.0% per year).

In value terms, Iceland ($X) constituted the largest supplier of continuous and discontinuous totalisers to Argentina, comprising 33% of total imports. The second position in the ranking was held by Greece ($X), with a 14% share of total imports. It was followed by Germany, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from Iceland amounted to +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (0.0% per year) and Germany (-19.8% per year).

Import Prices by Country

In 2021, the average totaliser import price amounted to $X per unit, shrinking by -22% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, totaliser import price decreased by -32.4% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 30% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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