Argentina: Refrigerated Show-Cases Market 2024

Refrigerated Show-Cases Market Size in Argentina

The Argentinian refrigerated show-cases market rose to $X in 2022, growing by 4.6% against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Refrigerated Show-Cases Production in Argentina

In value terms, refrigerated show-cases production amounted to $X in 2022 estimated in export price. In general, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 48% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Refrigerated Show-Cases Exports

Exports from Argentina

In 2022, the amount of refrigerated show-caseses exported from Argentina soared to X units, jumping by 22% compared with the previous year's figure. In general, exports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 87% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, refrigerated show-cases exports soared to $X in 2022. Overall, exports, however, saw a abrupt slump. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X units) was the main destination for refrigerated show-cases exports from Argentina, accounting for a 48% share of total exports. Moreover, refrigerated show-cases exports to Paraguay exceeded the volume sent to the second major destination, Uruguay (X units), twofold. Chile (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Paraguay stood at -9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-0.8% per year) and Chile (-0.5% per year).

In value terms, the largest markets for refrigerated show-cases exported from Argentina were Chile ($X), Paraguay ($X) and Bolivia ($X), with a combined 64% share of total exports.

In terms of the main countries of destination, Bolivia, with a CAGR of +3.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average refrigerated show-cases export price amounted to $X per unit, picking up by 80% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per unit), while the average price for exports to Paraguay ($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 Uruguay (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Refrigerated Show-Cases Imports

Imports into Argentina

After two years of decline, supplies from abroad of refrigerated show-caseses increased by 50% to X units in 2022. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 1,054%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, refrigerated show-cases imports expanded remarkably to $X in 2022. Over the period under review, imports, however, saw a slight decline. The most prominent rate of growth was recorded in 2016 with an increase of 601%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of refrigerated show-cases to Argentina, accounting for a 92% share of total imports. Moreover, refrigerated show-cases imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +36.2%.

In value terms, Brazil ($X) and China ($X) were the largest refrigerated show-cases suppliers to Argentina.

Among the main suppliers, Brazil, with a CAGR of +16.6%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average refrigerated show-cases import price amounted to $X per unit, waning by -24.7% against the previous year. Overall, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2015 when the average import price increased by 13% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform