Report Update Nov 1, 2024

Argentina - Electric Space Heating Apparatus and Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Electric Heating Equipment Market 2024

Electric Heating Equipment Market Size in Argentina

The Argentinian electric heating equipment market soared to $X in 2022, with an increase of 148% 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). Overall, consumption, however, faced a dramatic slump. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Electric Heating Equipment Exports

Exports from Argentina

In 2022, shipments abroad of electric space heating apparatus and soil heating apparatus increased by 24% to X units, rising for the second year in a row after two years of decline. In general, exports, however, showed a deep reduction. The growth pace was the most rapid in 2016 when exports increased by 200% against the previous year. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, electric heating equipment exports contracted remarkably to $X in 2022. Overall, exports, however, saw a noticeable downturn. The growth pace was the most rapid in 2016 with an increase of 133%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X units) and Uruguay (X units) were the main destinations of electric heating equipment exports from Argentina.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +51.7%).

In value terms, the largest markets for electric heating equipment exported from Argentina were Chile ($X) and Uruguay ($X).

Among the main countries of destination, Chile, with a CAGR of +37.1%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average electric heating equipment export price stood at $X per unit in 2022, waning by -42.8% against the previous year. Over the period under review, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 110%. The export price peaked at $X per unit in 2021, and then contracted markedly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per unit), while the average price for exports to Chile stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.9%), while the prices for the other major destinations experienced a decline.

Electric Heating Equipment Imports

Imports into Argentina

In 2022, the amount of electric space heating apparatus and soil heating apparatus imported into Argentina skyrocketed to X units, increasing by 46% on the previous year's figure. Overall, imports, however, faced a precipitous contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 293%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, electric heating equipment imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 303%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X units), China (X units) and France (X units) were the main suppliers of electric heating equipment imports to Argentina, together accounting for 85% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +77.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Russia ($X) and Turkey ($X) appeared to be the largest electric heating equipment suppliers to Argentina, together accounting for 78% of total imports. Italy, France, Spain and Malaysia lagged somewhat behind, together accounting for a further 16%.

France, with a CAGR of +53.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average electric heating equipment import price amounted to $X per unit, rising by 106% against the previous year. Overall, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Russia ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric space heating apparatus and soil heating apparatus in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together accounting for 82% of global consumption.

What are the largest producers of electric space heating apparatus and soil heating apparatus in the world?

The country with the largest volume of electric heating equipment production was China, comprising approx. 84% of total volume. It was followed by India, with a 2.4% share of total production. Pakistan ranked third in terms of total production with a 1.7% share.

What are the leading suppliers of electric space heating apparatus and soil heating apparatus to Argentina?

In value terms, Turkey, China and Malaysia were the largest electric heating equipment suppliers to Argentina, with a combined 77% share of total imports.

What are the leading importers of electric space heating apparatus and soil heating apparatus from Argentina?

In value terms, Italy, the UK and Chile constituted the largest markets for electric heating equipment exported from Argentina worldwide, with a combined 84% share of total exports.

What is the average export price for electric space heating apparatus and soil heating apparatus in Argentina?

In 2021, the average electric heating equipment export price amounted to $27 per unit, with a decrease of -37.2% against the previous year.

What is the average import price for electric space heating apparatus and soil heating apparatus in Argentina?

The average electric heating equipment import price stood at $8.1 per unit in 2021, rising by 2.1% against the previous year.

This report provides an in-depth analysis of the electric heating equipment market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27512630 - Electric storage heating radiators
Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
Prodcom 27512690 - Other electric space heaters

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023