Argentina: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Argentina

The Argentinian market for non-domestic percolators and equipment for cooking or heating food reduced to $X in 2022, waning by -6.2% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.5% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Argentina

In value terms, production of non-domestic percolators and equipment for cooking or heating food contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 21%. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Argentina

In 2022, overseas shipments of non-domestic percolators and equipment for cooking or heating food were finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports continue to indicate noticeable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food soared to $X in 2022. In general, exports, however, saw a abrupt downturn. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Argentina, with a 93% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to Uruguay exceeded the volume sent to the second major destination, Chile (X units), more than tenfold. Bolivia (X units) ranked third in terms of total exports with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay amounted to +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-8.8% per year) and Bolivia (-14.6% per year).

In value terms, Uruguay ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Argentina, comprising 71% of total exports. The second position in the ranking was held by Chile ($X), with a 17% share of total exports. It was followed by Paraguay, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value to Uruguay amounted to +18.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-8.4% per year) and Paraguay (-11.0% per year).

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, surging by 34% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2020 an increase of 83% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Uruguay ($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 South Africa (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Argentina

In 2022, the amount of non-domestic percolators and equipment for cooking or heating food imported into Argentina reduced to X units, which is down by -10.7% compared with 2021 figures. Over the period under review, imports, however, enjoyed a pronounced expansion. The growth pace was the most rapid in 2016 when imports increased by 96% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food soared to $X in 2022. In general, imports, however, recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X units), China (X units) and Brazil (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Argentina, together comprising 73% of total imports. The United States, the Netherlands, Switzerland, Spain and Romania lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +81.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic percolators and equipment for cooking or heating food suppliers to Argentina were Italy ($X), the United States ($X) and China ($X), together accounting for 62% of total imports. The Netherlands, Romania, Spain, Switzerland and Brazil lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, Spain, with a CAGR of +58.9%, 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 more modest paces of growth.

Import Prices by Country

The average import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, picking up by 168% against the previous year. In general, the import price enjoyed a tangible expansion. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform