Argentina: Market for Woven Pile Fabrics And Chenille Fabrics 2022

Market Size for Woven Pile Fabrics And Chenille Fabrics in Argentina

In 2021, the Argentinian pile and chenille fabric market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Argentina

In 2021, the amount of woven pile fabrics and chenille fabrics exported from Argentina expanded remarkably to X tons, with an increase of X% on the year before. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, pile and chenille fabric exports expanded slightly to $X in 2021. In general, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X tons) was the main destination for pile and chenille fabric exports from Argentina, with a X% share of total exports. Moreover, pile and chenille fabric exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X kg), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uruguay amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+X% per year) and Chile (-X% per year).

In value terms, the largest markets for pile and chenille fabric exported from Argentina were Chile ($X), Uruguay ($X) and Paraguay ($X), with a combined X% share of total exports.

Chile, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average pile and chenille fabric export price amounted to $X per ton, shrinking by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2015 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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

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

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Argentina

In 2021, the amount of woven pile fabrics and chenille fabrics imported into Argentina skyrocketed to X tons, growing by X% compared with 2020. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pile and chenille fabric imports surged to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Brazil (X tons) and Italy (X tons) were the main suppliers of pile and chenille fabric imports to Argentina, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Brazil ($X) and Italy ($X) were the largest pile and chenille fabric suppliers to Argentina, with a combined X% share of total imports.

Brazil, with a CAGR of +X%, saw the highest rates of growth with regard to 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 pile and chenille fabric import price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the import price, however, showed a deep slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Brazil ($X per ton), while the price for Italy ($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 (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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