Report Update Nov 1, 2024

Argentina - Honing or Lapping Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Metal Honing Machine Market 2024

Metal Honing Machine Market Size in Argentina

In 2021, the Argentinian metal honing machine market decreased by -68.7% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption saw a precipitous descent. Metal honing machine consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Metal Honing Machine Exports

Exports from Argentina

For the fourth consecutive year, Argentina recorded decline in shipments abroad of honing or lapping machines for working metal, which decreased by -66.7% to X units in 2021. Over the period under review, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 900%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal honing machine exports declined remarkably to $X in 2021. In general, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 1,767% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

In value terms, Brazil ($X) remains the key foreign market for honing or lapping machines for working metal exports from Argentina, comprising 57% of total exports. The second position in the ranking was held by Uruguay ($X), with a 17% share of total exports. It was followed by Colombia, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil totaled -20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-24.5% per year) and Colombia (-32.4% per year).

Export Prices by Country

The average metal honing machine export price stood at $X per unit in 2021, shrinking by -3% against the previous year. In general, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 66%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Honing Machine Imports

Imports into Argentina

In 2021, purchases abroad of honing or lapping machines for working metal decreased by -68.8% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2015 when imports increased by 1,000%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, metal honing machine imports fell rapidly to $X in 2021. Overall, imports saw a significant decline. The most prominent rate of growth was recorded in 2015 with an increase of 1,393% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X units), China (X units) and Turkey (X units) were the main suppliers of metal honing machine imports to Argentina, together comprising 76% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +4.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of honing or lapping machines for working metal to Argentina, comprising 65% of total imports. The second position in the ranking was taken by China ($X), with a 7.7% share of total imports. It was followed by Germany, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-18.9% per year) and Germany (-46.2% per year).

Import Prices by Country

In 2021, the average metal honing machine import price amounted to $X per unit, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2018 an increase of 122%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Germany ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+40.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for honing or lapping machines for working metal in the world?

The country with the largest volume of metal honing machine consumption was the United States, accounting for 30% of total volume. Moreover, metal honing machine consumption in the United States exceeded the figures recorded by the second-largest consumer, Italy, threefold. Japan ranked third in terms of total consumption with an 8.3% share.

What are the largest producers of honing or lapping machines for working metal in the world?

The United States remains the largest metal honing machine producing country worldwide, accounting for 41% of total volume. Moreover, metal honing machine production in the United States exceeded the figures recorded by the second-largest producer, Japan, threefold. Taiwan Chinese) ranked third in terms of total production with a 12% share.

What are the leading suppliers of honing or lapping machines for working metal to Argentina?

In value terms, the largest metal honing machine suppliers to Argentina were Brazil, Germany and the Netherlands, together accounting for 80% of total imports.

What are the leading importers of honing or lapping machines for working metal from Argentina?

In value terms, Brazil remains the key foreign market for metal honing machine exports from Argentina, comprising 56% of total exports. The second position in the ranking was occupied by the United States $788), with a 6.2% share of total exports.

What is the average export price for honing or lapping machines for working metal in Argentina?

In 2021, the average metal honing machine export price amounted to $2,108 per unit, falling by -2.4% against the previous year.

What is the average import price for honing or lapping machines for working metal in Argentina?

The average metal honing machine import price stood at $7,035 per unit in 2021, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the metal honing machine market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412385 - Honing or lapping machines for working metal

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023