Report Update Feb 1, 2025

Argentina - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Microwave Oven Market 2025

Microwave Oven Market Size in Argentina

The Argentinian microwave oven market rose to $X in 2022, increasing by 4.4% against the previous year. Overall, consumption, however, showed a mild setback. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Microwave Oven Production in Argentina

In value terms, microwave oven production expanded significantly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by 201%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Microwave Oven Exports

Exports from Argentina

In 2022, microwave oven exports from Argentina declined markedly to X units, waning by -49.3% compared with the previous year's figure. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 14,700% against the previous year. As a result, the exports reached the peak of X units, and then shrank markedly in the following year.

In value terms, microwave oven exports dropped sharply to $X in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 15,053% against the previous year. As a result, the exports reached the peak of $X, and then reduced rapidly in the following year.

Exports by Country

Chile (X units) was the main destination for microwave oven exports from Argentina, with a 95% share of total exports. It was followed by Panama (X units), with a 2.7% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Chile amounted to +60.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (0.0% per year) and Spain (-25.8% per year).

In value terms, Chile ($X) remains the key foreign market for microwave ovens exports from Argentina, comprising 91% of total exports. The second position in the ranking was taken by Spain ($X), with a 4.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chile stood at +69.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-20.7% per year) and Panama (0.0% per year).

Export Prices by Country

The average microwave oven export price stood at $X per unit in 2022, remaining stable against the previous year. Overall, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 201%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Panama ($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 Spain (+7.0%).

Microwave Oven Imports

Imports into Argentina

Microwave oven imports into Argentina fell slightly to X units in 2022, almost unchanged from the previous year. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, microwave oven imports soared to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 54% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Malaysia (X units), China (X units) and Italy (X units) were the main suppliers of microwave oven imports to Argentina, with a combined 100% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +142.8%), while imports for the other leaders experienced a decline.

In value terms, the largest microwave oven suppliers to Argentina were Malaysia ($X), Italy ($X) and China ($X), together comprising 100% of total imports.

Italy, with a CAGR of +126.4%, 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 mixed trend patterns.

Import Prices by Country

The average microwave oven import price stood at $X per unit in 2022, surging by 23% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 44%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for microwave ovens in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 85% of global consumption.

What are the largest producers of microwave ovens in the world?

China remains the largest microwave oven producing country worldwide, comprising approx. 85% of total volume. It was followed by Malaysia, with a 2.2% share of total production.

What are the leading suppliers of microwave ovens to Argentina?

In value terms, Malaysia constituted the largest supplier of microwave oven to Argentina, comprising 44% of total imports. The second position in the ranking was occupied by Italy, with a 21% share of total imports. It was followed by China, with a 19% share.

What are the leading importers of microwave ovens from Argentina?

In value terms, Chile emerged as the key foreign market for microwave oven exports from Argentina, comprising 83% of total exports. The second position in the ranking was occupied by Bolivia $156), with a 6.8% share of total exports. It was followed by the Dominican Republic, with a 4.2% share.

What is the average export price for microwave ovens in Argentina?

In 2021, the average microwave oven export price amounted to $87 per unit, dropping by -17.9% against the previous year.

What is the average import price for microwave ovens in Argentina?

The average microwave oven import price stood at $83 per unit in 2021, shrinking by -6.3% against the previous year.

This report provides an in-depth analysis of the microwave oven market 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 27512700 - Domestic microwave ovens

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024