Argentina: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Argentina

In 2022, the Argentinian plastic shutters and blinds market increased by 18% to $X, rising for the third year in a row after two years of decline. Overall, consumption saw a strong expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Exports of Plastic Shutters And Blinds

Exports from Argentina

In 2022, exports of plastic shutters and blinds from Argentina soared to X units, rising by 181% against 2021 figures. In general, exports, however, continue to indicate a sharp setback. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic shutters and blinds exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X units) was the main destination for plastic shutters and blinds exports from Argentina, with a 87% share of total exports. Moreover, plastic shutters and blinds exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay stood at +1.1%.

In value terms, Uruguay ($X) remains the key foreign market for plastic shutters and blinds exports from Argentina, comprising 85% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Uruguay totaled +10.0%.

Export Prices by Country

The average plastic shutters and blinds export price stood at $X per unit in 2022, which is down by -3.2% against the previous year. In general, the export price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 an increase of 89%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then reduced modestly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Uruguay amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports into Argentina

In 2022, purchases abroad of plastic shutters and blinds increased by 17% to X units, rising for the third consecutive year after two years of decline. In general, total imports indicated a perceptible expansion from 2012 to 2022: its volume 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, imports increased by +76.6% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 54% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, plastic shutters and blinds imports skyrocketed to $X in 2022. Over the period under review, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of plastic shutters and blinds to Argentina, with a 49% share of total imports. Moreover, plastic shutters and blinds imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. Spain (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+17.8% per year) and Spain (+6.2% per year).

In value terms, China ($X) constituted the largest supplier of plastic shutters and blinds to Argentina, comprising 49% of total imports. The second position in the ranking was held by Spain ($X), with a 16% share of total imports. It was followed by Taiwan (Chinese), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+12.1% per year) and Taiwan (Chinese) (+13.4% per year).

Import Prices by Country

The average plastic shutters and blinds import price stood at $X per unit in 2022, approximately reflecting the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic shutters and blinds import price increased by +101.5% against 2013 indices. The pace of growth appeared the most rapid in 2017 an increase of 30% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Brazil ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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