Price for Textile Machinery; Spinning Machines in Argentina - 2023

Contents:

  1. Price for Textile Machinery; Spinning Machines in Argentina (CIF) - 2022
  2. Price for Textile Machinery; Spinning Machines in Argentina (FOB) - 2022
  3. Imports of Textile Machinery; Spinning Machines in Argentina
  4. Exports of Textile Machinery; Spinning Machines in Argentina

Price for Textile Machinery; Spinning Machines in Argentina (CIF) - 2022

The average textile machinery; spinning machines import price stood at $276,805 per unit in 2022, with an increase of 11% against the previous year. In general, the import price showed mild growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 167%. The import price peaked at $343,310 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($1,239,396 per unit), while the price for China ($58,680 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Machinery; Spinning Machines in Argentina (FOB) - 2022

The average textile machinery; spinning machines export price stood at $7,409 per unit in 2022, increasing by 22% against the previous year. In general, the export price, however, faced a deep setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 719%. Over the period under review, the average export prices hit record highs at $25,431 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($8,744 per unit), while the average price for exports to Bolivia stood at $2,070 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+31.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Textile Machinery; Spinning Machines in Argentina

In 2022, after three years of growth, there was significant decline in supplies from abroad of textile machinery; spinning machineses, when their volume decreased by -61.6% to 33 units. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 378%. As a result, imports reached the peak of 86 units, and then dropped dramatically in the following year.

In value terms, textile machinery; spinning machines imports declined notably to $9.1M in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 1,176% against the previous year. As a result, imports reached the peak of $22M, and then declined rapidly in the following year.

Import of Textile Machinery; Spinning Machines in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.60.54.52.560.9%
Germany0.40.18.22.071.0%
Switzerland0.10.10.21.9166.8%
Japan0.10.11.41.2128.9%
Italy0.1N/A0.41.1122.4%
ChinaN/AN/A1.80.4-77.8%
AustriaN/A0.1N/AN/A0%
India0.50.43.8N/A175.7%
Netherlands0.20.10.6N/A73.2%
BrazilN/AN/A0.4N/A0%
OthersN/A0.10.2N/A100.0%
Total2.11.721.59.163.0%

Top Suppliers of Textile Machinery; Spinning Machines to Argentina in 2022:

  1. Italy (8.0 units)
  2. Germany (7.0 units)
  3. China (6.0 units)
  4. Switzerland (6.0 units)
  5. Japan (4.0 units)
  6. Czech Republic (2.0 units)

Exports of Textile Machinery; Spinning Machines in Argentina

In 2022, overseas shipments of textile machinery; spinning machineses were finally on the rise to reach 5 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a precipitous curtailment. Over the period under review, the exports attained the peak figure at 12 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, textile machinery; spinning machines exports surged to $37K in 2022. In general, exports, however, recorded a precipitous descent. The exports peaked at $101K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Textile Machinery; Spinning Machines in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay52.247.223.235.0-12.5%
Bolivia2.92.61.22.1-10.2%
Spain46.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10149.724.437.0-28.4%

Top Export Markets for Textile Machinery; Spinning Machines from Argentina in 2022:

  1. Paraguay (4.0 units)
  2. Bolivia (1.0 units)

Source: IndexBox Market Intelligence Platform

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