Argentina: Market for Machines For The Manufacture Of Flat Panel Displays 2022

Market Size for Machines For The Manufacture Of Flat Panel Displays in Argentina

The Argentinian panel display manufacturing machine market stood at $X in 2021, growing by 2.6% against the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +159.8% against 2014 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Production of Machines For The Manufacture Of Flat Panel Displays in Argentina

In value terms, panel display manufacturing machine production fell to $X in 2021 estimated in export price. Overall, production recorded a mild contraction. The most prominent rate of growth was recorded in 2019 with an increase of 6.2% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports from Argentina

In 2021, exports of machines for the manufacture of flat panel displays from Argentina dropped significantly to X units, reducing by -50% on 2020. Over the period under review, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2016 with an increase of 200% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, panel display manufacturing machine exports contracted notably to $X in 2021. Overall, exports continue to indicate a sharp contraction. The smallest decline of -15.1% was in 2014. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X units) was the main destination for panel display manufacturing machine 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 Chile stood at -27.0%.

In value terms, Chile ($X) remains the key foreign market for panel display manufacturing machine exports from Argentina, comprising 82% of total exports. The second position in the ranking was held by Bolivia ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Chile amounted to -31.8%.

Export Prices by Country

In 2021, the average panel display manufacturing machine export price amounted to $X per unit, surging by 5% against the previous year. In general, the export price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 356%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Chile amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+12.7%).

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports into Argentina

In 2021, overseas purchases of machines for the manufacture of flat panel displays decreased by 0% to X units, falling for the second consecutive year after two years of decline. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 100% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, panel display manufacturing machine imports skyrocketed to $X in 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,280%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of panel display manufacturing machine to Argentina, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of panel display manufacturing machine to Argentina.

From 2012 to 2021, the average annual growth rate of value from China stood at +36.7%.

Import Prices by Country

The average panel display manufacturing machine import price stood at $X per unit in 2021, falling by -16.6% against the previous year. In general, the import price, however, recorded a significant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 2,798% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to +2,794.2% per year.

Source: IndexBox Platform

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