Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina - 2023
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina (CIF) - 2022
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $79 per unit in 2022, growing by 80% against the previous year. Overall, the import price saw a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($123 per unit), while the price for Taiwan (Chinese) ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina (FOB) - 2022
In 2022, the average export price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $84 per unit, with an increase of 8.8% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 30%. The export price peaked at $216 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 States ($233 per unit), while the average price for exports to Chile ($67 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 Colombia (+0.5%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina
In 2022, the amount of furniture; wooden, other than for office, kitchen or bedroom use imported into Argentina contracted significantly to 50K units, reducing by -37.4% on the year before. In general, imports showed a precipitous setback. The smallest decline of -19.4% was in 2020. Imports peaked at 144K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use stood at $3.9M in 2022. Overall, imports faced a deep setback. Imports peaked at $6.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,891 | 2,167 | 1,901 | 1,787 | -14.8% |
| Brazil | 1,701 | 872 | 906 | 988 | -16.6% |
| Vietnam | 154 | 90.9 | 27.9 | 91.2 | -16.0% |
| Taiwan (Chinese) | 3.9 | 13.1 | 54.6 | 53.8 | 139.8% |
| Malaysia | 203 | 47.6 | 42.0 | 43.8 | -40.0% |
| Others | 1,130 | 751 | 570 | 984 | -4.5% |
| Total | 6,084 | 3,942 | 3,501 | 3,947 | -13.4% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Argentina in 2022:
- China (33.2K units)
- Brazil (8.0K units)
- Taiwan (Chinese) (3.8K units)
- Vietnam (2.3K units)
- Malaysia (0.9K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina
After three years of growth, shipments abroad of furniture; wooden, other than for office, kitchen or bedroom use decreased by -9% to 12K units in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 61%. As a result, the exports reached the peak of 13K units, and then fell in the following year.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use contracted to $1M in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 18% against the previous year. The exports peaked at $1M in 2021, and then declined slightly in the following year.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 197 | 415 | 607 | 453 | 32.0% |
| Uruguay | 266 | 256 | 320 | 298 | 3.9% |
| United States | 195 | 183 | 76.0 | 194 | -0.2% |
| Paraguay | 30.2 | 56.3 | 8.4 | 56.4 | 23.1% |
| Others | 99.8 | 20.5 | N/A | 0.4 | -84.1% |
| Total | 788 | 931 | 1,012 | 1,002 | 8.3% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Argentina in 2022:
- Chile (6.8K units)
- Uruguay (4.0K units)
- United States (0.8K units)
- Paraguay (0.3K units)
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