Argentina: Narrow Woven Fabric Market 2024

Narrow Woven Fabric Market Size in Argentina

The Argentinian narrow woven fabric market reduced slightly to $X in 2022, waning by X% 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 recorded a mild setback. Narrow woven fabric consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Narrow Woven Fabric Exports

Exports from Argentina

Narrow woven fabric exports from Argentina shrank dramatically to X tons in 2022, declining by X% compared with 2021 figures. Overall, exports continue to indicate a significant decline. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, narrow woven fabric exports shrank remarkably to $X in 2022. In general, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X tons) was the main destination for narrow woven fabric exports from Argentina, accounting for a X% share of total exports. Moreover, narrow woven fabric exports to Uruguay exceeded the volume sent to the second major destination, Brazil (X kg), fivefold. Chile (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Chile (X% per year).

In value terms, Uruguay ($X) emerged as the key foreign market for narrow woven fabrics exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with an X% share of total exports. It was followed by Paraguay, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Uruguay amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Paraguay (X% per year).

Export Prices by Country

The average narrow woven fabric export price stood at $X per ton in 2022, surging by X% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, narrow woven fabric export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Brazil ($X 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 Paraguay (X%), while the prices for the other major destinations experienced more modest paces of growth.

Narrow Woven Fabric Imports

Imports into Argentina

In 2022, approx. X tons of narrow woven fabrics were imported into Argentina; dropping by X% on the year before. Overall, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell significantly in the following year.

In value terms, narrow woven fabric imports declined to $X in 2022. In general, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of narrow woven fabric to Argentina, accounting for a X% share of total imports. Moreover, narrow woven fabric imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. Paraguay (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Paraguay (X% per year).

In value terms, China ($X), Brazil ($X) and Paraguay ($X) appeared to be the largest narrow woven fabric suppliers to Argentina, with a combined X% share of total imports. Turkey, the United States, Chile and Vietnam lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average narrow woven fabric import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a slight setback. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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