Argentina: Electrical Insulator Market 2025

Electrical Insulator Market Size in Argentina

The Argentinian electrical insulator market shrank notably to $X in 2022, waning by -15.9% 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). Over the period under review, consumption showed a mild contraction. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Electrical Insulator Exports

Exports from Argentina

After two years of decline, overseas shipments of electrical insulators increased by 29% to X units in 2022. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 93%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, electrical insulator exports surged to $X in 2022. In general, exports, however, saw a sharp descent. The most prominent rate of growth was recorded in 2019 with an increase of 93%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X units) was the main destination for electrical insulator exports from Argentina, with a 72% share of total exports. Moreover, electrical insulator exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay stood at +4.8%.

In value terms, Uruguay ($X) remains the key foreign market for electrical insulators exports from Argentina, comprising 72% of total exports. The second position in the ranking was held by Paraguay ($X), with a 5.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Uruguay amounted to -2.1%.

Export Prices by Country

The average electrical insulator export price stood at $X per unit in 2022, dropping by -4.8% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 37% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external 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 Paraguay amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulator Imports

Imports into Argentina

In 2022, electrical insulator imports into Argentina contracted markedly to X units, waning by -24.8% compared with the year before. In general, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 150% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electrical insulator imports fell to $X in 2022. Overall, imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 29%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X units), the United States (X units) and Brazil (X units) were the main suppliers of electrical insulator imports to Argentina, together accounting for 44% of total imports. Switzerland, China, Turkey, France, Malaysia, Russia, Sweden, Colombia and Egypt lagged somewhat behind, together comprising a further 50%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +14.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical insulator suppliers to Argentina were Brazil ($X), China ($X) and India ($X), together comprising 64% of total imports. Colombia, the United States, Switzerland, Turkey, Malaysia, France, Sweden, Russia and Egypt lagged somewhat behind, together comprising a further 31%.

Among the main suppliers, Turkey, with a CAGR of +10.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical insulator import price stood at $X per unit in 2022, growing by 23% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical insulator import price increased by +83.9% against 2018 indices. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 ($X per unit), while the price for Russia ($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 (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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