Argentina: Market for Non-Soap Washing and Cleaning Preparations 2024

Market Size for Non-Soap Washing and Cleaning Preparations in Argentina

The Argentinian market for non-soap washing and cleaning preparations expanded slightly to $X in 2022, growing by 3% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Non-soap washing and cleaning preparations consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Soap Washing and Cleaning Preparations in Argentina

In value terms, non-soap washing and cleaning preparations production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 19%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Non-Soap Washing and Cleaning Preparations

Exports from Argentina

After two years of growth, shipments abroad of non-soap washing and cleaning preparations decreased by -6.7% to X tons in 2022. Over the period under review, exports saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-soap washing and cleaning preparations exports surged to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X tons) was the main destination for non-soap washing and cleaning preparations exports from Argentina, with a 50% share of total exports. Moreover, non-soap washing and cleaning preparations exports to Chile exceeded the volume sent to the second major destination, Uruguay (X tons), twofold. The third position in this ranking was held by the Netherlands (X tons), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile stood at +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-1.2% per year) and the Netherlands (-11.3% per year).

In value terms, Chile ($X) remains the key foreign market for non-soap washing and cleaning preparations exports from Argentina, comprising 51% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 19% share of total exports. It was followed by Brazil, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile amounted to +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-3.8% per year) and Brazil (+5.6% per year).

Export Prices by Country

The average export price for non-soap washing and cleaning preparations stood at $X per ton in 2022, surging by 24% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-soap washing and cleaning preparations export price increased by +86.8% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Soap Washing and Cleaning Preparations

Imports into Argentina

In 2022, approx. X tons of non-soap washing and cleaning preparations were imported into Argentina; standing approx. at the previous year. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 18% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, non-soap washing and cleaning preparations imports soared to $X in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest non-soap washing and cleaning preparations supplier to Argentina, accounting for a 35% share of total imports. Moreover, non-soap washing and cleaning preparations imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Uruguay (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.2% per year) and Uruguay (+2.8% per year).

In value terms, Brazil ($X) constituted the largest supplier of non-soap washing and cleaning preparations to Argentina, comprising 38% of total imports. The second position in the ranking was held by the United States ($X), with a 17% share of total imports. It was followed by Uruguay, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.6% per year) and Uruguay (+4.2% per year).

Import Prices by Country

The average import price for non-soap washing and cleaning preparations stood at $X per ton in 2022, increasing by 22% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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