Argentina: Video Monitor Market 2024

Video Monitor Market Size in Argentina

The Argentinian video monitor market was estimated at $X in 2021, remaining constant 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). Overall, consumption, however, showed prominent growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Video Monitor Exports

Exports from Argentina

In 2021, the amount of video monitors exported from Argentina reduced rapidly to X units, dropping by -79.8% compared with 2020. Over the period under review, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 59%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, video monitor exports reduced remarkably to $X in 2021. In general, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2014 with an increase of 53% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units), Uruguay (X units) and Paraguay (X units) were the main destinations of video monitor exports from Argentina.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of -8.4%), while the other leaders experienced a decline.

In value terms, the largest markets for video monitor exported from Argentina were Uruguay ($X), the United States ($X) and Paraguay ($X).

Among the main countries of destination, Paraguay, with a CAGR of +13.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average video monitor export price amounted to $X per unit, surging by 36% against the previous year. In general, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, video monitor export price increased by +94.4% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of 67%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Paraguay ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Video Monitor Imports

Imports into Argentina

Video monitor imports into Argentina reduced to X units in 2021, declining by -9.5% on 2020 figures. In general, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 126%. Imports peaked at X units in 2020, and then declined in the following year.

In value terms, video monitor imports expanded rapidly to $X in 2021. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by 107% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of video monitor to Argentina, accounting for a 95% share of total imports. It was followed by Vietnam (X units), with a 2.2% share of total imports. Mexico (X units) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+378.0% per year) and Mexico (+25.5% per year).

In value terms, China ($X) constituted the largest supplier of video monitors to Argentina, comprising 85% of total imports. The second position in the ranking was held by Vietnam ($X), with a 4% share of total imports. It was followed by Mexico, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+355.9% per year) and Mexico (+15.2% per year).

Import Prices by Country

The average video monitor import price stood at $X per unit in 2021, rising by 17% against the previous year. In general, the import price, however, showed a noticeable descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 28% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Philippines ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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