Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina - 2023
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina (CIF) - 2022
The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $9,739 per ton in 2022, dropping by -57.1% against the previous year. In general, the import price recorded a deep contraction. The growth pace was the most rapid in 2016 when the average import price increased by 68% against the previous year. The import price peaked at $35,283 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($50,268 per ton), while the price for China ($5,688 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina (FOB) - 2022
In 2022, the average export price for machines and mechanical appliances; parts, of those having individual functionses amounted to $30,890 per ton, rising by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2013 an increase of 66%. Over the period under review, the average export prices reached the maximum at $35,704 per ton in 2016; however, from 2017 to 2022, 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 Venezuela ($145,987 per ton), while the average price for exports to Uruguay ($15,285 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 Venezuela (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina
Imports of machines and mechanical appliances; parts, of those having individual functionses into Argentina skyrocketed to 10K tons in 2022, increasing by 575% on the previous year. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses soared to $98M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.4 | 10.9 | 3.6 | 46.9 | 65.2% |
| United States | 11.2 | 6.1 | 9.4 | 17.5 | 16.0% |
| South Africa | 0.3 | N/A | N/A | 6.4 | 177.3% |
| Italy | 3.3 | 4.3 | 3.0 | 4.6 | 11.7% |
| Germany | 8.3 | 4.2 | 5.6 | 4.0 | -21.6% |
| Chile | 0.1 | N/A | 1.1 | 3.4 | 224.0% |
| Brazil | 4.5 | 2.6 | 2.2 | 3.3 | -9.8% |
| Spain | 0.4 | 0.5 | 0.7 | 1.1 | 40.1% |
| Turkey | N/A | 16.4 | 0.8 | 0.2 | -89.0% |
| Others | 15.8 | 9.2 | 7.3 | 10.5 | -12.7% |
| Total | 54.4 | 54.2 | 33.7 | 97.8 | 21.6% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Argentina in 2022:
- China (8.2K tons)
- United States (0.3K tons)
- Chile (0.3K tons)
- Brazil (0.2K tons)
- South Africa (0.2K tons)
- Italy (0.1K tons)
- Germany (0.1K tons)
- Spain (0.1K tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina
In 2022, shipments abroad of machines and mechanical appliances; parts, of those having individual functionses increased by 82% to 79 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a perceptible shrinkage.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses skyrocketed to $2.4M in 2022. Overall, exports, however, showed a slight curtailment.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 19.6 | N/A | N/A | 375 | 167.5% |
| Brazil | 566 | 625 | 492 | 360 | -14.0% |
| Chile | 187 | 81.3 | 65.3 | 272 | 13.3% |
| Bolivia | 203 | 158 | 12.2 | 203 | 0.0% |
| Colombia | 418 | 145 | 37.8 | 193 | -22.7% |
| Paraguay | 173 | 86.3 | 130 | 180 | 1.3% |
| Uruguay | 154 | 180 | 155 | 161 | 1.5% |
| Russia | 49.3 | 12.4 | N/A | 156 | 46.8% |
| Mexico | 115 | 116 | 132 | 138 | 6.3% |
| United States | 92.5 | 55.0 | 248 | 74.1 | -7.1% |
| India | N/A | N/A | N/A | 70.7 | 0% |
| Italy | 140 | N/A | N/A | N/A | 0% |
| Others | 439 | 370 | 18.7 | 250 | -17.1% |
| Total | 2,557 | 1,831 | 1,291 | 2,432 | -1.7% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Argentina in 2022:
- Bolivia (12.8 tons)
- Brazil (10.9 tons)
- Uruguay (10.6 tons)
- Chile (8.3 tons)
- Paraguay (7.9 tons)
- Panama (6.0 tons)
- Colombia (5.1 tons)
- Russia (5.1 tons)
- India (4.0 tons)
- Mexico (2.9 tons)
- United States (2.1 tons)
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