Argentina: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Argentina

For the third year in a row, the Argentinian domestic electro-thermic appliances market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Domestic Electro-Thermic Appliances Production in Argentina

In value terms, domestic electro-thermic appliances production shrank modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Domestic Electro-Thermic Appliances Exports

Exports from Argentina

In 2022, approx. X units of domestic electro-thermic appliances were exported from Argentina; waning by X% compared with 2021. Over the period under review, exports showed a dramatic slump. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, domestic electro-thermic appliances exports reduced rapidly to $X in 2022. In general, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X units) was the main destination for domestic electro-thermic appliances exports from Argentina, with a X% share of total exports. Moreover, domestic electro-thermic appliances exports to Uruguay exceeded the volume sent to the second major destination, Chile (X units), twofold. The third position in this ranking was taken by Paraguay (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Uruguay totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Paraguay (X% per year).

In value terms, the largest markets for domestic electro-thermic appliances exported from Argentina were Uruguay ($X), Chile ($X) and Bolivia ($X), together accounting for X% of total exports.

Bolivia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average domestic electro-thermic appliances export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price, however, showed a strong expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Venezuela ($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 Bolivia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Electro-Thermic Appliances Imports

Imports into Argentina

In 2022, approx. X units of domestic electro-thermic appliances were imported into Argentina; growing by X% compared with the previous year's figure. Over the period under review, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, domestic electro-thermic appliances imports soared to $X in 2022. In general, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main domestic electro-thermic appliances supplier to Argentina, with a X% share of total imports. It was followed by Indonesia (X units), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Brazil (X% per year).

In value terms, China ($X) constituted the largest supplier of domestic electro-thermic appliances to Argentina, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Indonesia (X% per year).

Import Prices by Country

The average domestic electro-thermic appliances import price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 Brazil (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform