Argentina: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Argentina

The Argentinian market for electric generating sets and rotary converters declined to $X in 2020, which is down by -X% 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 recorded a pronounced contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Exports of Electric Generating Sets And Rotary Converters

Exports from Argentina

In 2020, overseas shipments of electric generating sets and rotary converters decreased by -X% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Exports peaked at X units in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters dropped to $X in 2020. In general, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for exports of electric generating sets and rotary converters from Argentina, accounting for a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to the UK exceeded the volume sent to the second major destination, Uruguay (X units), sevenfold. The third position in this ranking was occupied by Chile (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-X% per year) and Chile (-X% per year).

In value terms, the UK ($X), Ecuador ($X) and Chile ($X) constituted the largest markets for electric generating set and rotary converter exported from Argentina worldwide, with a combined X% share of total exports.

The UK recorded the highest growth rate of the value of exports, among 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 export price for electric generating sets and rotary converters stood at $X per unit in 2020, stabilizing at the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. The export price peaked at $X per unit in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was the U.S. ($X per unit), while the average price for exports to Uruguay ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Generating Sets And Rotary Converters

Imports into Argentina

For the third year in a row, Argentina recorded decline in purchases abroad of electric generating sets and rotary converters, which decreased by -X% to X units in 2020. In general, imports showed a slight curtailment. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. from 2009 to 2020, the growth of imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters fell notably to $X in 2020. Over the period under review, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2009 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2020, the United Arab Emirates (X units) constituted the largest supplier of electric generating set and rotary converter to Argentina, with a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Germany (+X% per year).

In value terms, the largest electric generating set and rotary converter suppliers to Argentina were China ($X), Germany ($X) and the United Arab Emirates ($X), with a combined X% share of total imports.

In terms of the main suppliers, the United Arab Emirates recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average import price for electric generating sets and rotary converters amounted to $X per unit, with a decrease of -X% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. The import price peaked at $X per unit in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :