Argentina: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Argentina

The Argentinian market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids contracted slightly to $X in 2022, with a decrease of -3.9% against the previous year. Overall, consumption saw a pronounced setback. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Argentina

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids shrank slightly to $X in 2022 estimated in export price. Overall, production showed a perceptible setback. The pace of growth was the most pronounced in 2015 when the production volume increased by 28% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Argentina

In 2022, shipments abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids was finally on the rise to reach X units after three years of decline. Overall, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of 51% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids skyrocketed to $X in 2022. Over the period under review, exports, however, faced a drastic downturn. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X units), Paraguay (X units) and Chile (X units) were the main destinations of exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Argentina, with a combined 99% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of -2.2%), while shipments for the other leaders experienced a decline.

In value terms, Uruguay ($X), Paraguay ($X) and Chile ($X) were the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Argentina worldwide, with a combined 85% share of total exports.

Paraguay, with a CAGR of -1.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, rising by 11% against the previous year. In general, the export price, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2015 an increase of 33% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, 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 Brazil ($X per unit), while the average price for exports to Paraguay ($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 Brazil (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Argentina

In 2022, supplies from abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by 9% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 145% against the previous year. Over the period under review, imports of hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids surged to $X in 2022. In general, imports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by 73% against the previous year. Over the period under review, imports of hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Argentina, with a 57% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Brazil exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. China (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.3% per year) and China (-6.8% per year).

In value terms, the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to Argentina were Brazil ($X), Italy ($X) and China ($X), with a combined 55% share of total imports.

In terms of the main suppliers, Brazil, with a CAGR of +10.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, jumping by 31% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 56%. The import price peaked at $X per unit 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 the United States ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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