Argentina: Way-Type Unit Head Market 2022

Way-Type Unit Head Market Size in Argentina

The Argentinian way-type unit head market shrank markedly to $X in 2021, dropping by -X% against the previous year. Overall, consumption, however, continues to indicate a significant expansion. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Way-Type Unit Head Production in Argentina

In value terms, way-type unit head production declined rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X, and then reduced rapidly in the following year.

Way-Type Unit Head Exports

Exports from Argentina

In 2021, overseas shipments of way-type unit heads for working metal increased by X% to X kg for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, faced a precipitous shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X kg. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, way-type unit head exports soared to $X in 2021. Overall, exports posted a strong expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X kg) and Bolivia (X kg) were the main destinations of way-type unit head exports from Argentina.

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 -X value terms, Chile ($X) remains the key foreign market for way-type unit head exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Bolivia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile amounted to +X%.

Export Prices by Country

In 2021, the average way-type unit head export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Chile ($X per ton), while the average price for exports to Bolivia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+X%).

Way-Type Unit Head Imports

Imports into Argentina

In 2021, overseas purchases of way-type unit heads for working metal increased by X% to X kg for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, faced a abrupt contraction. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, way-type unit head imports soared to $X in 2021. Overall, imports, however, saw a pronounced shrinkage. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X kg) was the main way-type unit head supplier to Argentina, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%.

In value terms, China ($X) constituted the largest supplier of way-type unit head to Argentina.

From 2012 to 2021, the average annual growth rate of value from China amounted to +X%.

Import Prices by Country

The average way-type unit head import price stood at $X per ton in 2021, growing by X% against the previous year. Overall, the import price enjoyed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Market Intelligence Platform

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