Argentina: Insulating Fittings Market 2025

Insulating Fittings Market Size in Argentina

The Argentinian insulating fittings market rose sharply to $X in 2021, increasing by 7.6% 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). In general, consumption, however, saw a deep slump. Insulating fittings consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Insulating Fittings Exports

Exports from Argentina

Insulating fittings exports from Argentina soared to X tons in 2021, jumping by 409% on the previous year. Over the period under review, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 836%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, insulating fittings exports soared to $X in 2021. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by 559%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X tons), Colombia (X tons) and Malaysia (X kg) were the main destinations of insulating fittings exports from Argentina, with a combined 85% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +32.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for insulating fittings exported from Argentina were Malaysia ($X), Spain ($X) and Colombia ($X), with a combined 71% share of total exports. Uruguay, Germany, Venezuela and South Africa lagged somewhat behind, together accounting for a further 20%.

Germany, with a CAGR of +158.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average insulating fittings export price amounted to $X per ton, with a decrease of -30.6% against the previous year. Over the period under review, the export price, however, enjoyed a slight expansion. The growth pace was the most rapid in 2017 when the average export price increased by 104%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Insulating Fittings Imports

Imports into Argentina

In 2021, approx. X tons of insulating fittings for electrical purposes were imported into Argentina; surging by 32% compared with the previous year's figure. In general, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 43%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, insulating fittings imports expanded rapidly to $X in 2021. Overall, imports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 28%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of insulating fittings to Argentina, accounting for a 31% share of total imports. Moreover, insulating fittings imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X tons), threefold. Spain (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+50.9% per year) and Spain (-3.8% per year).

In value terms, China ($X), France ($X) and Spain ($X) appeared to be the largest insulating fittings suppliers to Argentina, together comprising 35% of total imports. Switzerland, Turkey, Brazil, the United States, Taiwan (Chinese), South Africa, Thailand, Sweden and Bulgaria lagged somewhat behind, together comprising a further 26%.

South Africa, with a CAGR of +51.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average insulating fittings import price stood at $X per ton in 2021, declining by -17.9% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, insulating fittings import price decreased by -23.6% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 47% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+43.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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