Pumps; Parts Thereof Price in Argentina - 2023

Contents:

  1. Pumps; Parts Thereof Price in Argentina (CIF) - 2022
  2. Pumps; Parts Thereof Price in Argentina (FOB) - 2022
  3. Pumps; Parts Thereof Imports in Argentina
  4. Pumps; Parts Thereof Exports in Argentina

Pumps; Parts Thereof Price in Argentina (CIF) - 2022

In 2022, the average pumps; parts thereof import price amounted to $21,338 per ton, with an increase of 17% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 18% against the previous year. Over the period under review, average import prices attained the peak figure at $25,287 per ton in 2015; however, from 2016 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 Canada ($39,976 per ton), while the price for China ($8,751 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumps; Parts Thereof Price in Argentina (FOB) - 2022

In 2022, the average pumps; parts thereof export price amounted to $4,674 per ton, surging by 41% against the previous year. Over the period under review, the export price, however, saw a perceptible decline. Over the period under review, the average export prices hit record highs at $6,325 per ton in 2015; however, from 2016 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 Chile ($12,032 per ton), while the average price for exports to Canada ($2,981 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Imports in Argentina

In 2022, the amount of pumps; parts thereoves imported into Argentina reached 5.5K tons, surging by 4.8% on the previous year. Overall, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 67% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, pumps; parts thereof imports skyrocketed to $116M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +106.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Pumps; Parts Thereof in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45.917.833.746.50.4%
China15.110.314.818.97.8%
Germany6.04.15.66.42.2%
Brazil4.03.56.16.115.1%
Canada4.11.02.04.74.7%
India1.51.22.84.746.3%
Italy2.72.12.93.36.9%
Thailand0.90.62.83.354.2%
Sweden2.32.32.72.98.0%
Denmark1.21.01.41.712.3%
Others11.912.420.117.914.6%
Total95.656.295.21166.7%

Top Suppliers of Pumps; Parts Thereof to Argentina in 2022:

  1. China (2161.7 tons)
  2. United States (1565.1 tons)
  3. Brazil (259.3 tons)
  4. India (240.6 tons)
  5. Germany (196.4 tons)
  6. Sweden (176.8 tons)
  7. Thailand (120.5 tons)
  8. Canada (117.4 tons)
  9. Denmark (91.8 tons)
  10. Italy (51.1 tons)

Pumps; Parts Thereof Exports in Argentina

In 2022, pumps; parts thereof exports from Argentina shrank to 5.7K tons, declining by -6.6% against the previous year. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 124% against the previous year.

In value terms, pumps; parts thereof exports skyrocketed to $27M in 2022. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year.

Export of Pumps; Parts Thereof in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.64.49.39.6-6.1%
Mexico6.00.71.74.7-7.8%
Brazil2.01.52.73.318.2%
Colombia4.11.94.03.3-7.0%
Romania3.71.8N/A2.6-11.1%
Chile1.00.80.91.00.0%
Canada4.10.50.10.7-44.5%
Oman1.21.11.0N/A-8.7%
Others2.50.70.61.5-15.7%
Total36.213.420.326.7-9.6%

Top Export Markets for Pumps; Parts Thereof from Argentina in 2022:

  1. United States (2870.7 tons)
  2. Mexico (1330.2 tons)
  3. Colombia (480.1 tons)
  4. Brazil (346.3 tons)
  5. Romania (299.2 tons)
  6. Canada (230.7 tons)
  7. Chile (86.4 tons)

Source: IndexBox Market Intelligence Platform

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