Argentina: Nonwoven Fabric Market 2024

Nonwoven Fabric Market Size in Argentina

The Argentinian nonwoven fabric market expanded notably to $X in 2022, rising by 9.1% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Nonwoven fabric consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Nonwoven Fabric Production in Argentina

In value terms, nonwoven fabric production rose markedly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2020 with an increase of 39%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Nonwoven Fabric Exports

Exports from Argentina

After two years of decline, overseas shipments of nonwoven fabrics increased by 5.6% to X tons in 2022. Over the period under review, exports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2019 with an increase of 14%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, nonwoven fabric exports reduced modestly to $X in 2022. Overall, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.7%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for nonwoven fabric exports from Argentina, with a 75% share of total exports. Moreover, nonwoven fabric exports to Brazil exceeded the volume sent to the second major destination, Chile (X tons), fourfold. Uruguay (X tons) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil amounted to -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-3.1% per year) and Uruguay (-3.3% per year).

In value terms, Brazil ($X) remains the key foreign market for nonwoven fabrics exports from Argentina, comprising 74% of total exports. The second position in the ranking was held by Chile ($X), with an 18% share of total exports. It was followed by Uruguay, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-5.2% per year) and Uruguay (-4.8% per year).

Export Prices by Country

In 2022, the average nonwoven fabric export price amounted to $X per ton, with a decrease of -7% against the previous year. Over the period under review, the export price showed a slight contraction. The pace of growth was the most pronounced in 2021 an increase of 30%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Paraguay ($X per ton) and Uruguay ($X per ton), while the average price for exports to Brazil ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+8.2%), while the prices for the other major destinations experienced a decline.

Nonwoven Fabric Imports

Imports into Argentina

In 2022, purchases abroad of nonwoven fabrics increased by 15% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, nonwoven fabric imports expanded modestly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of nonwoven fabric to Argentina, accounting for a 58% share of total imports. Moreover, nonwoven fabric imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was held by Paraguay (X tons), with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.7% per year) and Paraguay (+131.9% per year).

In value terms, Brazil ($X) constituted the largest supplier of nonwoven fabrics to Argentina, comprising 52% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by China, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.8% per year) and China (+11.5% per year).

Import Prices by Country

In 2022, the average nonwoven fabric import price amounted to $X per ton, falling by -10.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 27%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 United States ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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