Argentina: Engine Generator Market 2025

Engine Generator Market Size in Argentina

In 2022, the Argentinian engine generator market increased by 42% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Engine Generator Exports

Exports from Argentina

In 2022, after three years of growth, there was significant decline in overseas shipments of generators for internal combustion engines, when their volume decreased by -89.6% to X units. In general, exports showed a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 305% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, engine generator exports dropped dramatically to $X in 2022. Overall, exports recorded a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 479%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X units) was the main destination for engine generator exports from Argentina, accounting for a 88% share of total exports. Moreover, engine generator exports to Brazil exceeded the volume sent to the second major destination, the United States (X units), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil amounted to -22.7%.

In value terms, Brazil ($X) emerged as the key foreign market for generators for internal combustion engines exports from Argentina, comprising 74% of total exports. The second position in the ranking was taken by the United States ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Brazil amounted to -19.2%.

Export Prices by Country

The average engine generator export price stood at $X per unit in 2022, reducing by -36.4% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, engine generator export price decreased by -37.3% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Brazil amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports

Imports into Argentina

In 2022, overseas purchases of generators for internal combustion engines increased by 45% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a slight decrease. The growth pace was the most rapid in 2021 when imports increased by 83% against the previous year. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, engine generator imports soared to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X units), China (X units) and France (X units) were the main suppliers of engine generator imports to Argentina, with a combined 88% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +48.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of generators for internal combustion engines to Argentina, comprising 68% of total imports. The second position in the ranking was taken by France ($X), with an 8% share of total imports. It was followed by Thailand, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (-9.4% per year) and Thailand (+8.9% per year).

Import Prices by Country

The average engine generator import price stood at $X per unit in 2022, shrinking by -2.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 when the average import price increased by 49%. The import price peaked at $X per unit in 2015; however, from 2016 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 Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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