Report Update Nov 1, 2024

Argentina - Wheelchairs - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Wheelchair Market 2024

Wheelchair Market Size in Argentina

The Argentinian wheelchair market surged to $X in 2021, jumping by 29% 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 a tangible expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Wheelchair Exports

Exports from Argentina

In 2021, wheelchair exports from Argentina soared to X units, with an increase of 50% against the year before. Over the period under review, exports showed a prominent increase. The growth pace was the most rapid in 2015 when exports increased by 222%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, wheelchair exports declined to $X in 2021. In general, exports, however, saw a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 104%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X units), Ecuador (X units) and Bolivia (X units) were the main destinations of wheelchair exports from Argentina, with a combined 81% 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 Spain (with a CAGR of +108.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheelchair exported from Argentina were Chile ($X), Bolivia ($X) and Uruguay ($X), with a combined 78% share of total exports. Ecuador and Spain lagged somewhat behind, together comprising a further 6.6%.

Spain, with a CAGR of +57.5%, recorded 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 wheelchair export price stood at $X per unit in 2021, reducing by -42.5% against the previous year. In general, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 58%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Spain ($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 Bolivia (+21.5%), while the prices for the other major destinations experienced mixed trend patterns.

Wheelchair Imports

Imports into Argentina

In 2021, imports of wheelchairs into Argentina rose notably to X units, increasing by 6.9% on 2020 figures. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 115%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, wheelchair imports soared to $X in 2021. Overall, imports showed a measured expansion. The growth pace was the most rapid in 2015 when imports increased by 72% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main wheelchair supplier to Argentina, with a 92% share of total imports. Moreover, wheelchair imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, the largest wheelchair suppliers to Argentina were China ($X) and the United States ($X).

The United States, with a CAGR of +11.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2021, the average wheelchair import price amounted to $X per unit, picking up by 33% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wheelchair import price increased by +50.2% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 67%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheelchairs in the world?

The country with the largest volume of wheelchair consumption was India, accounting for 51% of total volume. Moreover, wheelchair consumption in India exceeded the figures recorded by the second-largest consumer, the United States, eightfold. The third position in this ranking was occupied by China, with a 6.2% share.

What are the largest producers of wheelchairs in the world?

The countries with the highest volumes of in 2021 were India, China and Japan, with a combined 90% share of global production.

What are the leading suppliers of wheelchairs to Argentina?

In value terms, the largest wheelchair suppliers to Argentina were China and the United States.

What are the leading importers of wheelchairs from Argentina?

In value terms, Bolivia, Chile and Uruguay appeared to be the largest markets for wheelchair exported from Argentina worldwide, together comprising 88% of total exports. These countries were followed by Spain and Ecuador, which together accounted for a further 6.4%.

What is the average export price for wheelchairs in Argentina?

The average wheelchair export price stood at $598 per unit in 2021, dropping by -40.4% against the previous year.

What is the average import price for wheelchairs in Argentina?

The average wheelchair import price stood at $138 per unit in 2021, dropping by -3% against the previous year.

This report provides an in-depth analysis of the wheelchair 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 30922030 - Invalid carriages not mechanically propelled
Prodcom 30922090 - Invalid carriages motorised or mechanically propelled

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