Argentina: Market for Vacuum Cleaners Without Motor 2025

Market Size for Vacuum Cleaners Without Motor in Argentina

The Argentinian vacuum cleaner without motor market surged to $X in 2022, jumping by 130% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate significant growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Exports of Vacuum Cleaners Without Motor

Exports from Argentina

In 2022, exports of vacuum cleaners without motor from Argentina contracted significantly to X units, falling by -16% on the previous year's figure. Over the period under review, exports, however, recorded notable growth. The pace of growth appeared the most rapid in 2019 when exports increased by 532% 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 stood at a somewhat lower figure.

In value terms, vacuum cleaner without motor exports reduced to $X in 2022. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 835%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units) was the main destination for vacuum cleaner without motor exports from Argentina, with a 54% share of total exports. Moreover, vacuum cleaner without motor exports to Paraguay exceeded the volume sent to the second major destination, Mexico (X units), twofold. The third position in this ranking was taken by Peru (X units), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to Paraguay amounted to +33.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+7.2% per year) and Peru (0.0% per year).

In value terms, Mexico ($X), Paraguay ($X) and Chile ($X) appeared to be the largest markets for vacuum cleaner without motor exported from Argentina worldwide, together accounting for 84% of total exports.

Among the main countries of destination, Paraguay, with a CAGR of +25.7%, 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 vacuum cleaner without motor export price amounted to $X per unit, surging by 11% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2019 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices hit record highs 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 ($X per unit), while the average price for exports to Spain ($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 Mexico (+6.1%), while the prices for the other major destinations experienced a decline.

Imports of Vacuum Cleaners Without Motor

Imports into Argentina

In 2022, vacuum cleaner without motor imports into Argentina surged to X units, increasing by 121% on the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 585%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, vacuum cleaner without motor imports skyrocketed to $X in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2013 when imports increased by 330% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest vacuum cleaner without motor supplier to Argentina, with a 89% share of total imports. Moreover, vacuum cleaner without motor imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), more than tenfold. The third position in this ranking was held by Italy (X units), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +96.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+26.9% per year) and Italy (+50.4% per year).

In value terms, Spain ($X), China ($X) and Italy ($X) constituted the largest vacuum cleaner without motor suppliers to Argentina, with a combined 94% share of total imports.

In terms of the main suppliers, China, with a CAGR of +61.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vacuum cleaner without motor import price stood at $X per unit in 2022, growing by 29% against the previous year. Overall, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 75%. As a result, import price attained the peak level of $X per unit. From 2015 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 Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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