Argentina: Non-Hydraulic Press Market 2024

Non-Hydraulic Press Market Size in Argentina

The Argentinian non-hydraulic press market expanded modestly to $X in 2021, surging by 2.3% against the previous year. Over the period under review, consumption, however, saw a abrupt shrinkage. Non-hydraulic press consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Non-Hydraulic Press Production in Argentina

In value terms, non-hydraulic press production rose modestly to $X in 2021 estimated in export price. Overall, production, however, showed a drastic downturn. The growth pace was the most rapid in 2017 when the production volume increased by 46% against the previous year. Non-hydraulic press production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Non-Hydraulic Press Exports

Exports from Argentina

In 2021, after three years of decline, there was significant growth in overseas shipments of non-hydraulic presses for working metal, when their volume increased by 517% to X units. Over the period under review, exports, however, saw a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 20,100% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, non-hydraulic press exports soared to $X in 2021. Overall, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 4,986%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X units), Guatemala (X units) and Paraguay (X units) were the main destinations of non-hydraulic press exports from Argentina, together comprising 89% of total exports. Moreover, non-hydraulic press exports in Chile exceeded the figures recorded by the second-largest exporter, Guatemala, twofold.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +29.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Paraguay ($X) were the largest markets for non-hydraulic press exported from Argentina worldwide, with a combined 76% share of total exports.

In terms of the main countries of destination, Paraguay, with a CAGR of +20.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-hydraulic press export price amounted to $X per unit, reducing by -1.7% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 501% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Guatemala ($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 Brazil (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Hydraulic Press Imports

Imports into Argentina

In 2021, after two years of decline, there was significant growth in supplies from abroad of non-hydraulic presses for working metal, when their volume increased by 131% to X units. In general, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of 147% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-hydraulic press imports surged to $X in 2021. Overall, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 299%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of non-hydraulic press to Argentina, accounting for a 77% share of total imports. Moreover, non-hydraulic press imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), more than tenfold. Turkey (X units) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-31.1% per year) and Turkey (0.0% per year).

In value terms, China ($X) constituted the largest supplier of non-hydraulic presses for working metal to Argentina, comprising 79% of total imports. The second position in the ranking was taken by Germany ($X), with a 7.1% share of total imports. It was followed by Italy, with a 2.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+38.6% per year) and Italy (+30.4% per year).

Import Prices by Country

In 2021, the average non-hydraulic press import price amounted to $X per unit, rising by 30% against the previous year. Over the period under review, the import price posted moderate growth. The most prominent rate of growth was recorded in 2013 an increase of 81%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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