Argentina: Market for Wiring sets used in vehicles, aircraft or ships 2023

Market Size for Wiring sets used in vehicles, aircraft or ships in Argentina

The Argentinian market for wiring sets used in vehicles, aircraft or ships was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from Argentina

In 2021, the amount of wiring sets used in vehicles, aircraft or ships exported from Argentina amounted to X tons, picking up by 6% against 2020. Over the period under review, exports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 63%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships surged to $X in 2021. Overall, exports, however, recorded a pronounced setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from Argentina, with a 97% share of total exports. It was followed by Uruguay (X tons), with a 1.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil was relatively modest.

In value terms, Brazil ($X) remains the key foreign market for wiring sets used in vehicles, aircraft or ships exports from Argentina, comprising 99% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 0.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Brazil was relatively modest.

Export Prices by Country

The average export price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2021, picking up by 36% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 40%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while the average price for exports to Uruguay stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+6.1%), while the prices for the other major destinations experienced a decline.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into Argentina

In 2021, overseas purchases of wiring sets used in vehicles, aircraft or ships were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a mild decline. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of wiring sets used in vehicles, aircraft or ships soared to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Brazil (X tons), Paraguay (X tons) and Uruguay (X tons) were the main suppliers of imports of wiring sets used in vehicles, aircraft or ships to Argentina, with a combined 71% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Paraguay (with a CAGR of +505.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wiring sets used in vehicles, aircraft or ships suppliers to Argentina were Brazil ($X), Paraguay ($X) and Uruguay ($X), together comprising 79% of total imports.

Paraguay, with a CAGR of +478.1%, 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

In 2021, the average import price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, picking up by 1.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 28%. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Uruguay ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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