Argentina: Market for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) 2025

Market Size for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Argentina

The Argentinian market for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) surged to $X in 2021, jumping by 57% 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 posted a prominent expansion. Consumption peaked in 2021 and is expected to retain growth in years to come.

Exports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Exports from Argentina

After four years of decline, shipments abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) increased by 523% to X units in 2021. In general, exports, however, continue to indicate a perceptible slump. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, LCD or LED indicator panel exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a deep slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units) was the main destination for LCD or LED indicator panel exports from Argentina, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Paraguay amounted to +61.7%.

In value terms, Paraguay ($X) also remains the key foreign market for LCD or LED indicator panel exports from Argentina.

From 2012 to 2021, the average annual rate of growth in terms of value to Paraguay stood at +43.8%.

Export Prices by Country

In 2021, the average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $X per unit, increasing by 16% against the previous year. In general, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 51% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 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 Paraguay.

From 2012 to 2021, the rate of growth in terms of prices for Paraguay amounted to -11.1% per year.

Imports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Imports into Argentina

In 2021, lcd or led indicator panel imports into Argentina skyrocketed to X units, surging by 62% on the year before. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by 84% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, LCD or LED indicator panel imports surged to $X in 2021. Overall, imports, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2019 with an increase of 106%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest LCD or LED indicator panel supplier to Argentina, accounting for a 85% share of total imports. Moreover, LCD or LED indicator panel imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold. The third position in this ranking was held by the United States (X units), with a 4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+23.6% per year) and the United States (+33.1% per year).

In value terms, China ($X) constituted the largest supplier of LCD or LED indicator panel to Argentina, comprising 65% of total imports. The second position in the ranking was held by the United States ($X), with a 5.7% share of total imports. It was followed by Taiwan (Chinese), with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.8% per year) and Taiwan (Chinese) (-3.7% per year).

Import Prices by Country

The average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $X per unit in 2021, reducing by -22.1% against the previous year. Overall, the import price continues to indicate a sharp reduction. The pace of growth appeared the most rapid in 2019 an increase of 13%. The import price peaked 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, the country with the highest price was the United States ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-20.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :