Report Update Nov 1, 2024

Argentina - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Argentina

In 2022, the Argentinian industrial sewing machines (non-automatic) market increased by 170% to $X, rising for the third consecutive year after two years of decline. In general, consumption saw a noticeable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Argentina

After two years of growth, overseas shipments of industrial sewing machines (non-automatic) decreased by -21.1% to X units in 2022. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 72% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial sewing machines (non-automatic) exports shrank significantly to $X in 2022. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 147%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X units), Ecuador (X units) and Uruguay (X units) were the main destinations of industrial sewing machines (non-automatic) exports from Argentina, together accounting for 60% of total exports. Paraguay, Spain, the Dominican Republic, Angola, Chile and Venezuela lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Ecuador ($X) and Paraguay ($X) appeared to be the largest markets for industrial sewing machines (non-automatic) exported from Argentina worldwide, with a combined 82% share of total exports.

In terms of the main countries of destination, Chile, with a CAGR of +31.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average industrial sewing machines (non-automatic) export price stood at $X per unit in 2022, surging by 3% against the previous year. Over the period under review, the export price showed prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 104%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Argentina

In 2022, supplies from abroad of industrial sewing machines (non-automatic) increased by 154% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports continue to indicate a slight increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, industrial sewing machines (non-automatic) imports surged to $X in 2022. In general, imports showed a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of industrial sewing machines (non-automatic) to Argentina, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +1.8%.

In value terms, China ($X) constituted the largest supplier of industrial sewing machines (non-automatic) to Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +4.8%.

Import Prices by Country

In 2022, the average industrial sewing machines (non-automatic) import price amounted to $X per unit, increasing by 9.4% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial sewing machines (non-automatic) import price increased by +81.2% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial sewing machines (non-automatic) in the world?

The countries with the highest volumes of industrial sewing machines non-automatic) consumption in 2021 were China, South Africa and India, together accounting for 80% of global consumption.

What are the largest producers of industrial sewing machines (non-automatic) in the world?

China remains the largest industrial sewing machines non-automatic) producing country worldwide, accounting for 91% of total volume. Moreover, industrial sewing machines non-automatic) production in China exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. The third position in this ranking was occupied by Singapore, with a 1.6% share.

What are the leading suppliers of industrial sewing machines (non-automatic) to Argentina?

In value terms, China constituted the largest supplier of industrial sewing machines non-automatic) to Argentina.

What are the leading importers of industrial sewing machines (non-automatic) from Argentina?

In value terms, the largest markets for industrial sewing machines non-automatic) exported from Argentina were Chile, Paraguay and Ecuador, together comprising 65% of total exports.

What is the average export price for industrial sewing machines (non-automatic) in Argentina?

The average industrial sewing machines non-automatic) export price stood at $766 per unit in 2021, with an increase of 11% against the previous year.

What is the average import price for industrial sewing machines (non-automatic) in Argentina?

The average industrial sewing machines non-automatic) import price stood at $290 per unit in 2021, rising by 24% against the previous year.

This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) 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 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)

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