Argentina: Metal Washer Market 2025

Metal Washer Market Size in Argentina

The Argentinian metal washer market skyrocketed to $X in 2021, jumping by 59% 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, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Metal Washer Exports

Exports from Argentina

For the third consecutive year, Argentina recorded decline in overseas shipments of iron or steel washers, which decreased by -3.5% to X tons in 2021. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2018 with an increase of 15% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal washer exports expanded remarkably to $X in 2021. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 17%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for metal washer exports from Argentina, with a 67% share of total exports. Moreover, metal washer exports to Brazil exceeded the volume sent to the second major destination, Uruguay (X tons), sevenfold. The third position in this ranking was taken by Australia (X tons), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume to Brazil amounted to -13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-13.8% per year) and Australia (+41.2% per year).

In value terms, Brazil ($X) remains the key foreign market for iron or steel washers exports from Argentina, comprising 45% of total exports. The second position in the ranking was taken by Mexico ($X), with a 15% share of total exports. It was followed by Uruguay, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil stood at -17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+7.9% per year) and Uruguay (-7.2% per year).

Export Prices by Country

The average metal washer export price stood at $X per ton in 2021, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 36% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Australia ($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 Venezuela (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Washer Imports

Imports into Argentina

In 2021, the amount of iron or steel washers imported into Argentina skyrocketed to X tons, jumping by 76% compared with 2020 figures. In general, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal washer imports surged to $X in 2021. Over the period under review, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal washer to Argentina, with a 47% share of total imports. Moreover, metal washer imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fivefold. Brazil (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+5.4% per year) and Brazil (+7.3% per year).

In value terms, the largest metal washer suppliers to Argentina were China ($X), Germany ($X) and Thailand ($X), with a combined 48% share of total imports.

China, with a CAGR of +13.4%, recorded the highest growth rate of the value of imports, among 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 metal washer import price stood at $X per ton in 2021, falling by -13.3% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 7.3% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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