Argentina: Container Market 2024

Container Market Size in Argentina

The Argentinian container market reached $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Container Production in Argentina

In value terms, container production fell to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Container production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Container Exports

Exports from Argentina

In 2022, container exports from Argentina surged to X units, picking up by X% against the previous year's figure. In general, exports, however, continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, container exports surged to $X in 2022. Overall, exports, however, continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X units) was the main destination for container exports from Argentina, with a X% share of total exports. Moreover, container exports to Brazil exceeded the volume sent to the second major destination, Uruguay (X units), threefold. The third position in this ranking was taken by the United States (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and the United States (X% per year).

In value terms, Brazil ($X) remains the key foreign market for tanks, casks, drums, cans, boxes and similar containers exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

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

Export Prices by Country

In 2022, the average container export price amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 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 the United States ($X per unit), while the average price for exports to Uruguay ($X 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 Paraguay (X%), while the prices for the other major destinations experienced mixed trend patterns.

Container Imports

Imports into Argentina

For the third year in a row, Argentina recorded growth in overseas purchases of tanks, casks, drums, cans, boxes and similar containers, which increased by X% to X units in 2022. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, container imports surged to $X in 2022. Over the period under review, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X units) constituted the largest container supplier to Argentina, accounting for a X% share of total imports. Moreover, container imports from Brazil exceeded the figures recorded by the second-largest supplier, Chile (X units), fourfold. Paraguay (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Brazil ($X) constituted the largest supplier of tanks, casks, drums, cans, boxes and similar containers to Argentina, comprising X% of total imports. The second position in the ranking was taken by Paraguay ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

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

Import Prices by Country

The average container import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a 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 China ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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