Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina - 2023
Contents:
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina (CIF) - 2022
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina (FOB) - 2022
- Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina
- Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina (CIF) - 2022
The average import price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $31 per unit in 2022, which is down by -6.1% against the previous year. In general, the import price continues to indicate a perceptible slump. The growth pace was the most rapid in 2021 when the average import price increased by 10% against the previous year. Over the period under review, average import prices hit record highs at $42 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Mexico ($94 per unit), while the price for Chile ($7.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina (FOB) - 2022
The average export price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $61 per unit in 2022, surging by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($66 per unit), while the average price for exports to Chile ($32 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 Uruguay (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina
For the fourth year in a row, Argentina recorded growth in supplies from abroad of refrigerating or freezing equipment; parts thereof, other than furniture, which increased by 36% to 2.4M units in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture skyrocketed to $73M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 76%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 6.5 | 11.7 | 20.9 | 66.8% |
| Brazil | 9.9 | 10.4 | 15.6 | 19.5 | 25.4% |
| Mexico | 0.7 | 0.6 | 4.8 | 11.3 | 152.7% |
| Thailand | 6.8 | 8.0 | 10.3 | 7.3 | 2.4% |
| Italy | 2.4 | 1.8 | 3.6 | 3.4 | 12.3% |
| Poland | 2.3 | 1.7 | 3.5 | 2.7 | 5.5% |
| Turkey | 1.1 | 1.0 | 2.4 | 1.8 | 17.8% |
| Czech Republic | 1.7 | 0.9 | 2.3 | 1.6 | -2.0% |
| Chile | 0.2 | 0.4 | 0.8 | 0.7 | 51.8% |
| Others | 2.9 | 1.4 | 2.4 | 4.1 | 12.2% |
| Total | 32.5 | 32.7 | 57.4 | 73.3 | 31.1% |
Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Argentina in 2022:
- China (1027.5K units)
- Brazil (421.8K units)
- Thailand (419.9K units)
- Mexico (120.4K units)
- Chile (91.3K units)
- Italy (82.1K units)
- Turkey (46.8K units)
- Poland (46.0K units)
- Czech Republic (29.9K units)
Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina
Exports of refrigerating or freezing equipment; parts thereof, other than furniture from Argentina skyrocketed to 196K units in 2022, with an increase of 24% on the previous year's figure. In general, exports, however, recorded a deep slump. Over the period under review, the exports of hit record highs at 230K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture skyrocketed to $12M in 2022. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 9.4 | 6.0 | 5.0 | 8.5 | -3.3% |
| Paraguay | 1.1 | 0.5 | 1.2 | 1.8 | 17.8% |
| United States | N/A | 0.1 | 0.1 | 0.8 | 182.8% |
| Bolivia | 0.2 | N/A | N/A | 0.3 | 14.5% |
| Uruguay | 0.4 | 0.1 | 0.4 | 0.2 | -20.6% |
| Chile | 0.3 | 0.4 | 0.9 | 0.2 | -12.6% |
| Peru | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 11.8 | 7.2 | 7.8 | 11.9 | 0.3% |
Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Argentina in 2022:
- Brazil (128.7K units)
- Paraguay (33.2K units)
- United States (13.4K units)
- Chile (6.8K units)
- Bolivia (4.8K units)
- Peru (4.2K units)
- Uruguay (3.7K units)
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