Argentina: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Argentina

The Argentinian market for window or wall air conditioning systems, self-contained or split-systems rose markedly to $X in 2022, increasing by 14% 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, however, enjoyed a prominent increase. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports from Argentina

Exports of window or wall air conditioning systems, self-contained or split-systems from Argentina declined dramatically to X units in 2022, falling by -64.1% compared with 2021. Overall, exports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2013 with an increase of 155%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems fell significantly to $X in 2022. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of 138%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Uruguay (X units) was the main destination for exports of window or wall air conditioning systems, self-contained or split-systems from Argentina, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Uruguay amounted to +7.4%.

In value terms, Uruguay ($X) emerged as the key foreign market for window or wall air conditioning systems, self-contained or split-systems exports from Argentina.

From 2012 to 2022, the average annual growth rate of value to Uruguay was relatively modest.

Export Prices by Country

The average export price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, surging by 62% against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +13.1% per year.

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports into Argentina

Imports of window or wall air conditioning systems, self-contained or split-systems into Argentina shrank to X units in 2022, waning by -9.8% against the previous year's figure. Over the period under review, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 337% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 143% against the previous year. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of window, wall, or split air conditioning system to Argentina, with a 81% share of total imports. Moreover, imports of window or wall air conditioning systems, self-contained or split-systems from China exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. The third position in this ranking was taken by South Korea (X units), with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+102.2% per year) and South Korea (+14.2% per year).

In value terms, China ($X) constituted the largest supplier of window or wall air conditioning systems, self-contained or split-systems to Argentina, comprising 72% of total imports. The second position in the ranking was held by South Korea ($X), with a 9.9% share of total imports. It was followed by Thailand, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+3.2% per year) and Thailand (+19.5% per year).

Import Prices by Country

The average import price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, rising by 48% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, 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 Turkey ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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