Argentina - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingArgentina: Bed-Convertible Seat Market 2024
Bed-Convertible Seat Market Size in Argentina
In 2021, the Argentinian bed-convertible seat market decreased by -46.2% to $X, falling for the third year in a row after seven years of growth. Overall, consumption recorded a noticeable reduction. Bed-convertible seat consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
Bed-Convertible Seat Exports
Exports from Argentina
In 2021, exports of seats convertible into beds from Argentina declined markedly to X units, reducing by -43.9% compared with the previous year. In general, exports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 674% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
In value terms, bed-convertible seat exports dropped sharply to $X in 2021. Over the period under review, exports, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 810% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
Uruguay (X units) was the main destination for bed-convertible seat exports from Argentina, accounting for a 55% share of total exports. Moreover, bed-convertible seat exports to Uruguay exceeded the volume sent to the second major destination, Bolivia (X units), fourfold. The United States (X units) ranked third in terms of total exports with a 12% share.
From 2012 to 2021, the average annual growth rate of volume to Uruguay stood at +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+15.5% per year) and the United States (+13.0% per year).
In value terms, Uruguay ($X), the United States ($X) and Chile ($X) constituted the largest markets for bed-convertible seat exported from Argentina worldwide, with a combined 82% share of total exports.
The United States, with a CAGR of +24.2%, saw 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 more modest paces of growth.
Export Prices by Country
The average bed-convertible seat export price stood at $X per unit in 2021, falling by -4% against the previous year. Overall, the export price, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 77%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Chile ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.
Bed-Convertible Seat Imports
Imports into Argentina
In 2021, supplies from abroad of seats convertible into beds decreased by -52.9% to X units, falling for the third year in a row after five years of growth. In general, imports showed a perceptible descent. The growth pace was the most rapid in 2015 with an increase of 70%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.
In value terms, bed-convertible seat imports shrank dramatically to $X in 2021. Over the period under review, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 38% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X units) was the main supplier of bed-convertible seat to Argentina, with a 92% share of total imports. It was followed by the United States (X units), with less than 0.1% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China totaled -2.4%.
In value terms, China ($X) constituted the largest supplier of seats convertible into beds to Argentina, comprising 85% of total imports. The second position in the ranking was taken by the United States ($X), with a 0.2% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -2.8%.
Import Prices by Country
The average bed-convertible seat import price stood at $X per unit in 2021, surging by 18% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.8%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the bed-convertible seat market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)
Country coverage:
- Argentina
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Argentina
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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