Argentina: Capacitor Market 2024

Capacitor Market Size in Argentina

The Argentinian capacitor market skyrocketed to $X in 2021, jumping by 35% 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, however, recorded a deep setback. Capacitor consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Capacitor Exports

Exports from Argentina

In 2021, overseas shipments of electrical capacitors increased by 175% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, continue to indicate a deep contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, capacitor exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a abrupt descent. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X tons), Peru (X tons) and Uruguay (X tons) were the main destinations of capacitor exports from Argentina, with a combined 51% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of +16.1%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for capacitor exported from Argentina were the Dominican Republic ($X), Peru ($X) and Uruguay ($X), together accounting for 54% of total exports.

Among the main countries of destination, the Dominican Republic, with a CAGR of +15.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average capacitor export price amounted to $X per ton, surging by 6.2% against the previous year. In general, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, capacitor export price decreased by -29.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Bolivia ($X per ton), while the average price for exports to El Salvador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports

Imports into Argentina

In 2021, capacitor imports into Argentina skyrocketed to X tons, with an increase of 29% against the year before. In general, imports, however, saw a deep contraction. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, capacitor imports skyrocketed to $X in 2021. Overall, imports, however, showed a abrupt curtailment. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest capacitor supplier to Argentina, with a 80% share of total imports. Moreover, capacitor imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold. The third position in this ranking was taken by South Korea (X tons), with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-5.8% per year) and South Korea (-8.9% per year).

In value terms, China ($X) constituted the largest supplier of electrical capacitors to Argentina, comprising 67% of total imports. The second position in the ranking was taken by South Korea ($X), with a 5.1% share of total imports. It was followed by Japan, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-8.9% per year) and Japan (-10.3% per year).

Import Prices by Country

The average capacitor import price stood at $X per ton in 2021, surging by 7.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per ton), while the price for El Salvador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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