Argentina - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights
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Motor Vehicle Engine Market Size in Argentina
In 2021, after seven years of decline, there was significant growth in the Argentinian motor vehicle engine market, when its value increased by 108% to $X. In general, consumption, however, saw a drastic downturn. Motor vehicle engine consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.
Motor Vehicle Engine Exports
Exports from Argentina
In 2021, the amount of motor vehicle engines (spark-ignition) exported from Argentina contracted rapidly to X tons, which is down by -59.4% against the previous year's figure. Over the period under review, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2019 with an increase of 242% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
In value terms, motor vehicle engine exports contracted remarkably to $X in 2021. Overall, exports faced a precipitous curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 300% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
Brazil (X tons) was the main destination for motor vehicle engine exports from Argentina, with a 97% share of total exports. It was followed by France (X kg), with a 3% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil stood at -20.1%.
In value terms, Brazil ($X) remains the key foreign market for motor vehicle engines (spark-ignition) exports from Argentina, comprising 98% of total exports. The second position in the ranking was taken by France ($X), with a 1.6% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Brazil amounted to -18.7%.
Export Prices by Country
The average motor vehicle engine export price stood at $X per ton in 2021, which is down by -29.7% against the previous year. In general, the export price showed a perceptible contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 154% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while the average price for exports to France stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.8%), while the prices for the other major destinations experienced a decline.
Motor Vehicle Engine Imports
Imports into Argentina
In 2021, purchases abroad of motor vehicle engines (spark-ignition) was finally on the rise to reach X tons for the first time since 2013, thus ending a seven-year declining trend. Overall, imports, however, showed a abrupt decline. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.
In value terms, motor vehicle engine imports surged to $X in 2021. Over the period under review, imports, however, showed a abrupt shrinkage. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Brazil (X tons) constituted the largest supplier of motor vehicle engine to Argentina, with a 88% share of total imports. Moreover, motor vehicle engine imports from Brazil exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold. The third position in this ranking was taken by Mexico (X tons), with a 4% share.
From 2012 to 2021, the average annual growth rate of volume from Brazil totaled -6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-8.0% per year) and Mexico (-8.9% per year).
In value terms, Brazil ($X) constituted the largest supplier of motor vehicle engines (spark-ignition) to Argentina, comprising 86% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 7.2% share of total imports. It was followed by Mexico, with a 3.5% share.
From 2012 to 2021, the average annual growth rate of value from Brazil stood at -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-4.0% per year) and Mexico (-11.3% per year).
Import Prices by Country
The average motor vehicle engine import price stood at $X per ton in 2021, growing by 1.9% against the previous year. In general, the import price, however, saw a mild downturn. The pace of growth was the most pronounced in 2019 an increase of 12% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the motor vehicle engine 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 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
- Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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