Argentina: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in Argentina

The Argentinian metal frame non-upholstered seat market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Metal frame non-upholstered seat consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Argentina

In 2021, shipments abroad of non-upholstered seats with metal frames decreased by -50.6% to X units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 62%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal frame non-upholstered seat exports reduced dramatically to $X in 2021. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 123%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Uruguay (X units) was the main destination for metal frame non-upholstered seat exports from Argentina, accounting for a 76% share of total exports. Moreover, metal frame non-upholstered seat exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Uruguay totaled -16.1%.

In value terms, Uruguay ($X) remains the key foreign market for non-upholstered seats with metal frames exports from Argentina, comprising 70% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Uruguay stood at -17.9%.

Export Prices by Country

The average metal frame non-upholstered seat export price stood at $X per unit in 2021, waning by -11.2% against the previous year. Over the period under review, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Uruguay ($X per unit), while the average price for exports to Paraguay amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+13.8%), while the prices for the other major destinations experienced a decline.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Argentina

Metal frame non-upholstered seat imports into Argentina dropped slightly to X units in 2021, falling by -1.7% compared with 2020 figures. In general, total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +1.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 59% against the previous year. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, metal frame non-upholstered seat imports soared to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 61% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

China (X units) and Brazil (X units) were the main suppliers of metal frame non-upholstered seat imports to Argentina.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +5.6%).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to Argentina, comprising 66% of total imports. The second position in the ranking was taken by Brazil ($X), with a 26% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +5.3%.

Import Prices by Country

In 2021, the average metal frame non-upholstered seat import price amounted to $X per unit, picking up by 37% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Brazil stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.3%).

Source: IndexBox Platform

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