Argentina: Vapour Generating Boiler Market 2024

Vapour Generating Boiler Market Size in Argentina

The Argentinian vapour generating boiler market shrank to $X in 2021, waning by -3.5% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Vapour Generating Boiler Production in Argentina

In value terms, vapour generating boiler production reduced to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by 38%. Vapour generating boiler production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Vapour Generating Boiler Exports

Exports from Argentina

In 2021, approx. X tons of vapour generating boilers were exported from Argentina; jumping by 55% on the year before. Over the period under review, exports, however, saw a sharp decrease. The pace of growth appeared the most rapid in 2019 when exports increased by 58% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, vapour generating boiler exports soared to $X in 2021. In general, exports, however, saw a drastic downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Venezuela (X tons), Uruguay (X tons) and Bolivia (X tons) were the main destinations of vapour generating boiler exports from Argentina, with a combined 80% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Venezuela (with a CAGR of +21.5%), while the other leaders experienced mixed trend patterns.

In value terms, Mexico ($X) emerged as the key foreign market for vapour generating boilers exports from Argentina, comprising 34% of total exports. The second position in the ranking was held by Venezuela ($X), with a 15% share of total exports. It was followed by Uruguay, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Mexico stood at -9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (+8.3% per year) and Uruguay (-13.5% per year).

Export Prices by Country

The average vapour generating boiler export price stood at $X per ton in 2021, rising by 16% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vapour generating boiler export price increased by +54.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per ton), while the average price for exports to Bolivia ($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 Peru (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Vapour Generating Boiler Imports

Imports into Argentina

In 2021, the amount of vapour generating boilers imported into Argentina skyrocketed to X tons, surging by 41% on the previous year's figure. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 457% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, vapour generating boiler imports surged to $X in 2021. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by 281%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Brazil (X tons), Germany (X tons) and China (X tons) were the main suppliers of vapour generating boiler imports to Argentina, with a combined 59% share of total imports. These countries were followed by Italy and Spain, which together accounted for a further 5.2%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +111.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vapour generating boiler suppliers to Argentina were Germany ($X), Brazil ($X) and Italy ($X), together comprising 55% of total imports.

Italy, with a CAGR of +108.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average vapour generating boiler import price amounted to $X per ton, falling by -16.3% against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 72%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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