Argentina: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Argentina

The Argentinian textile industry finishing agents market soared to $X in 2022, growing by X% 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 recorded a tangible increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Exports of Finishing Agents Used In The Textile Industry

Exports from Argentina

In 2022, shipments abroad of finishing agents used in the textile industry was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, saw a mild reduction. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, textile industry finishing agents exports surged to $X in 2022. Overall, exports, however, recorded a perceptible shrinkage. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons) was the main destination for textile industry finishing agents exports from Argentina, with a X% share of total exports. Moreover, textile industry finishing agents exports to Paraguay exceeded the volume sent to the second major destination, Uruguay (X tons), threefold. Chile (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, Uruguay ($X), Paraguay ($X) and Chile ($X) constituted the largest markets for textile industry finishing agents exported from Argentina worldwide, with a combined X% share of total exports.

Uruguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average textile industry finishing agents export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price continues to indicate a slight setback. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

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

Imports of Finishing Agents Used In The Textile Industry

Imports into Argentina

For the fourth year in a row, Argentina recorded growth in supplies from abroad of finishing agents used in the textile industry, which increased by X% to X tons in 2022. Over the period under review, imports recorded a perceptible expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, textile industry finishing agents imports surged to $X in 2022. In general, imports enjoyed a measured increase. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of textile industry finishing agents to Argentina, with a X% share of total imports. Moreover, textile industry finishing agents imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by India (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of finishing agents used in the textile industry to Argentina, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and India (X% per year).

Import Prices by Country

The average textile industry finishing agents import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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