Argentina: Mannequin Market 2024

Mannequin Market Size in Argentina

In 2022, the Argentinian mannequin market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Mannequin Exports

Exports from Argentina

Mannequin exports from Argentina reduced remarkably to X tons in 2022, shrinking by -46.1% on 2021. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 509% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mannequin exports amounted to $X in 2022. Overall, exports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2017 with an increase of 904% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for mannequin exports from Argentina, with a 73% share of total exports. Moreover, mannequin exports to Brazil exceeded the volume sent to the second major destination, Uruguay (X kg), ninefold. Mexico (X kg) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil totaled +20.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+2.4% per year) and Mexico (-7.9% per year).

In value terms, Brazil ($X) emerged as the key foreign market for mannequins exports from Argentina, comprising 77% of total exports. The second position in the ranking was taken by Mexico ($X), with an 8.3% share of total exports. It was followed by Spain, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to Brazil stood at +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-7.9% per year) and Spain (+4.8% per year).

Export Prices by Country

The average mannequin export price stood at $X per ton in 2022, surging by 91% against the previous year. Over the period under review, the export price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 102%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, 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 Spain ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Mannequin Imports

Imports into Argentina

In 2022, supplies from abroad of mannequins increased by 32% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2017 with an increase of 181% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, mannequin imports soared to $X in 2022. Over the period under review, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 148%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest mannequin supplier to Argentina, with a 45% share of total imports. Moreover, mannequin imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by Vietnam (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.9% per year) and Vietnam (+39.4% per year).

In value terms, the largest mannequin suppliers to Argentina were the United States ($X), China ($X) and Vietnam ($X), with a combined 67% share of total imports. Japan, Norway, Germany, Brazil, Spain and Canada lagged somewhat behind, together accounting for a further 25%.

Japan, with a CAGR of +82.2%, recorded the highest rates of growth with regard to 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

In 2022, the average mannequin import price amounted to $X per ton, surging by 38% against the previous year. Overall, the import price, however, showed a abrupt decrease. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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