Argentina: Printing Press Market 2024

Printing Press Market Size in Argentina

In 2022, the Argentinian printing press market increased by 115% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption showed a modest expansion. Printing press consumption peaked in 2022 and is expected to retain growth in the immediate term.

Printing Press Exports

Exports from Argentina

In 2022, approx. X units of printing presses were exported from Argentina; reducing by -5.2% on the year before. Overall, exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 143% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, printing press exports surged to $X in 2022. Over the period under review, exports recorded a abrupt downturn. The growth pace was the most rapid in 2018 when exports increased by 261%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X units) was the main destination for printing press exports from Argentina, accounting for a 55% share of total exports. Moreover, printing press exports to Chile exceeded the volume sent to the second major destination, Brazil (X units), eightfold. The third position in this ranking was taken by Bolivia (X units), with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile totaled +22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-18.0% per year) and Bolivia (-1.3% per year).

In value terms, Mexico ($X), Hong Kong SAR ($X) and Brazil ($X) constituted the largest markets for printing press exported from Argentina worldwide, together accounting for 54% of total exports. Uruguay, Paraguay, Chile, Bolivia, Guatemala, Peru and Venezuela lagged somewhat behind, together comprising a further 31%.

Guatemala, with a CAGR of +13.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average printing press export price stood at $X per unit in 2022, increasing by 29% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Argentina

In 2022, supplies from abroad of printing presses increased by 106% to X units, rising for the third year in a row after two years of decline. Overall, imports recorded a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of 193% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, printing press imports surged to $X in 2022. Over the period under review, imports, however, showed a slight shrinkage. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Austria (X units) and the UK (X units) were the main suppliers of printing press imports to Argentina, with a combined 91% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +51.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of printing presses to Argentina, comprising 35% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Italy, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.3% per year) and Italy (+5.4% per year).

Import Prices by Country

In 2022, the average printing press import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 87% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 Italy ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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