Argentina: Resistor Market 2024

Resistor Market Size in Argentina

In 2022, the Argentinian resistor market increased by X% to $X, rising for the third consecutive year after four years of decline. Overall, consumption, however, recorded a perceptible reduction. Resistor consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Resistor Exports

Exports from Argentina

In 2022, overseas shipments of electrical resistors (except heating resistors) were finally on the rise to reach X units after two years of decline. In general, exports, however, showed a sharp decrease. The pace of growth was the most pronounced in 2015 when exports increased by X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, resistor exports soared to $X in 2022. Overall, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X units) was the main destination for resistor exports from Argentina, accounting for a X% share of total exports. Moreover, resistor exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X units), threefold. The third position in this ranking was taken by Brazil (X units), with a X% share.

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

In value terms, Chile ($X), Uruguay ($X) and the United States ($X) were the largest markets for resistor exported from Argentina worldwide, with a combined X% share of total exports. Germany, Brazil and Paraguay lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average resistor export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 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 Chile ($X per unit), while the average price for exports to Paraguay ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Resistor Imports

Imports into Argentina

In 2022, purchases abroad of electrical resistors (except heating resistors) increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports, however, saw a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, resistor imports soared to $X in 2022. In general, imports, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of resistor to Argentina, with a X% share of total imports. Moreover, resistor imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of electrical resistors (except heating resistors) to Argentina, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average resistor import price stood at $X per thousand units in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a slight decline. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, average import prices hit record highs at $X per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per thousand units), while the price for China ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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