Argentina: Ecg Market 2025

Ecg Market Size in Argentina

The Argentinian ECG market rose sharply to $X in 2021, surging by 6.7% 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 continues to indicate a relatively flat trend pattern. Consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Ecg Exports

Exports from Argentina

In 2021, approx. X units of electro-cardiographs were exported from Argentina; waning by -29.9% against the previous year. In general, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by 209% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, ECG exports expanded remarkably to $X in 2021. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 275%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for ECG exports from Argentina, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -14.9%.

In value terms, the United States ($X) also remains the key foreign market for electro-cardiographs exports from Argentina.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -11.3%.

Export Prices by Country

In 2021, the average ECG export price amounted to $X per unit, surging by 55% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for Mexico amounted to +13.9% per year.

Ecg Imports

Imports into Argentina

In 2021, the amount of electro-cardiographs imported into Argentina reduced slightly to X units, leveling off at the previous year's figure. In general, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -39.0% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 72%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ECG imports expanded markedly to $X in 2021. Overall, imports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2015 with an increase of 39% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Canada (X units), China (X units) and India (X units) were the main suppliers of ECG imports to Argentina, together comprising 74% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +51.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), China ($X) and India ($X) were the largest ECG suppliers to Argentina, together accounting for 66% of total imports.

India, with a CAGR of +28.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ECG import price stood at $X per unit in 2021, surging by 12% against the previous year. Overall, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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