Argentina: Wooden Door Market 2024

Wooden Door Market Size in Argentina

The Argentinian wooden door market contracted slightly to $X in 2021, with a decrease of -4.8% against the previous year. Over the period under review, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +5.0% against 2019 indices. Wooden door consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Wooden Door Production in Argentina

In value terms, wooden door production fell slightly to $X in 2021 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +4.7% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 43%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Wooden Door Exports

Exports from Argentina

In 2021, shipments abroad of doors and their frames and thresholds of wood increased by 30% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, faced a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by 128%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, wooden door exports fell to $X in 2021. Over the period under review, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of 229%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X units), Guatemala (X units) and Panama (X units) were the main destinations of wooden door exports from Argentina, together accounting for 48% of total exports. These countries were followed by Chile, the UK, the United States, Paraguay, Uruguay and Costa Rica, which together accounted for a further 48%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +24.9%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) remains the key foreign market for doors and their frames and thresholds of wood exports from Argentina, comprising 30% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by Colombia, with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile amounted to +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-19.6% per year) and Colombia (-8.9% per year).

Export Prices by Country

In 2021, the average wooden door export price amounted to $X per unit, falling by -23% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 44% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per unit), while the average price for exports to Guatemala ($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 the UK (-2.3%), while the prices for the other major destinations experienced a decline.

Wooden Door Imports

Imports into Argentina

In 2021, after two years of decline, there was significant growth in supplies from abroad of doors and their frames and thresholds of wood, when their volume increased by 36% to X units. In general, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 85%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wooden door imports soared to $X in 2021. Over the period under review, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 108%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of wooden door to Argentina, with a 62% share of total imports. Moreover, wooden door imports from China exceeded the figures recorded by the second-largest supplier, Paraguay (X units), fourfold. Brazil (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+3.2% per year) and Brazil (-21.6% per year).

In value terms, China ($X) constituted the largest supplier of doors and their frames and thresholds of wood to Argentina, comprising 51% of total imports. The second position in the ranking was taken by Brazil ($X), with a 15% share of total imports. It was followed by Spain, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-18.6% per year) and Spain (+1.2% per year).

Import Prices by Country

The average wooden door import price stood at $X per unit in 2021, picking up by 29% against the previous year. In general, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden door import price increased by +75.1% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 36%. The import price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per unit), while the price for Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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