Argentina: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Argentina

In 2021, the Argentinian cement prefabricated structural components market decreased by -5.8% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +46.8% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then declined in the following year.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Argentina

In value terms, cement prefabricated structural components production shrank to $X in 2021 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +62.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 51% against the previous year. Cement prefabricated structural components production peaked at $X in 2020, and then contracted in the following year.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Argentina

For the third year in a row, Argentina recorded growth in overseas shipments of prefabricated structural components of cement, concrete or artificial stone, which increased by 36% to X tons in 2021. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 187%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, cement prefabricated structural components exports skyrocketed to $X in 2021. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 178%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

Exports by Country

Uruguay (X tons) was the main destination for cement prefabricated structural components exports from Argentina, with a 84% share of total exports. Moreover, cement prefabricated structural components exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Uruguay amounted to +68.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+21.2% per year) and Chile (+12.8% per year).

In value terms, Uruguay ($X) remains the key foreign market for prefabricated structural components of cement, concrete or artificial stone exports from Argentina, comprising 91% of total exports. The second position in the ranking was held by Paraguay ($X), with a 4.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Uruguay stood at +74.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+23.3% per year) and Chile (+21.5% per year).

Export Prices by Country

In 2021, the average cement prefabricated structural components export price amounted to $X per ton, rising by 10% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cement prefabricated structural components export price increased by +57.2% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 134% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Argentina

In 2021, overseas purchases of prefabricated structural components of cement, concrete or artificial stone increased by 78% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 28,242% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, cement prefabricated structural components imports soared to $X in 2021. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of 24,664%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of cement prefabricated structural components to Argentina, with a 90% share of total imports. Moreover, cement prefabricated structural components imports from China exceeded the figures recorded by the second-largest supplier, Greece (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +33.5%.

In value terms, China ($X) constituted the largest supplier of prefabricated structural components of cement, concrete or artificial stone to Argentina, comprising 88% of total imports. The second position in the ranking was taken by Greece ($X), with a 4.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +36.4%.

Import Prices by Country

In 2021, the average cement prefabricated structural components import price amounted to $X per ton, with an increase of 36% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cement prefabricated structural components import price decreased by -23.4% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 57%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Greece ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :