Report Update Nov 1, 2024

Argentina - Watch Straps, Bands and Bracelets - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Bracelet Market 2024

Bracelet Market Size in Argentina

The Argentinian bracelet market reduced slightly to $X in 2022, declining by -1.6% against the previous year. Overall, consumption enjoyed a buoyant expansion. Bracelet consumption peaked at $X in 2021, and then dropped slightly in the following year.

Bracelet Production in Argentina

In value terms, bracelet production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a measured increase. The pace of growth appeared the most rapid in 2017 with an increase of 67% against the previous year. Bracelet production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Bracelet Exports

Exports from Argentina

In 2022, bracelet exports from Argentina dropped significantly to X units, with a decrease of -24.3% on 2021 figures. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2018 when exports increased by 2,193%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, bracelet exports dropped sharply to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 2,871%. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined notably in the following year.

Exports by Country

The United States (X units), Uruguay (X units) and Peru (X units) were the main destinations of bracelet exports from Argentina, together comprising 63% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +104.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bracelet exported from Argentina were the United States ($X), Uruguay ($X) and the United Arab Emirates ($X), with a combined 55% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +163.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bracelet export price amounted to $X per unit, dropping by -20.2% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 51%. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then reduced remarkably in the following year.

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 the United Arab Emirates ($X per unit), while the average price for exports to Austria ($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 the United States (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Bracelet Imports

Imports into Argentina

For the third year in a row, Argentina recorded growth in purchases abroad of watch straps, bands and bracelets, which increased by 5.9% to X units in 2022. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 217% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, bracelet imports expanded slightly to $X in 2022. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 128%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X units) was the main supplier of bracelet to Argentina, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +13.0%.

In value terms, China ($X) constituted the largest supplier of watch straps, bands and bracelets to Argentina.

From 2012 to 2022, the average annual growth rate of value from China totaled +17.0%.

Import Prices by Country

The average bracelet import price stood at $X per unit in 2022, leveling off at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 74%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for watch straps, bands and bracelets in the world?

The country with the largest volume of bracelet consumption was the United States, comprising approx. 41% of total volume. Moreover, bracelet consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was occupied by Switzerland, with a 5.2% share.

What are the largest producers of watch straps, bands and bracelets in the world?

China remains the largest bracelet producing country worldwide, accounting for 63% of total volume. Moreover, bracelet production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR, more than tenfold. The third position in this ranking was occupied by India, with a 3.3% share.

What are the leading suppliers of watch straps, bands and bracelets to Argentina?

In value terms, China constituted the largest supplier of bracelet to Argentina, comprising 41% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with an 8.2% share of total imports.

What are the leading importers of watch straps, bands and bracelets from Argentina?

In value terms, Switzerland remains the key foreign market for bracelet exports from Argentina, comprising 70% of total exports. The second position in the ranking was occupied by the United States, with an 8.9% share of total exports. It was followed by Uruguay, with a 6.6% share.

What is the average export price for watch straps, bands and bracelets in Argentina?

The average bracelet export price stood at $252,119 per ton in 2021, increasing by 37% against the previous year.

What is the average import price for watch straps, bands and bracelets in Argentina?

The average bracelet import price stood at $63,955 per ton in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the bracelet 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 15121300 - Watch straps, bands, bracelets and parts thereof (including of leather, composition leather or plastic, excluding of precious metal, metal or base metal clad/plated with precious metal)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023