Argentina: Stone Polishing Machine Market 2024

Stone Polishing Machine Market Size in Argentina

The Argentinian stone polishing machine market shrank rapidly to $X in 2022, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate significant growth. Over the period under review, the market hit record highs at $X in 2021, and then dropped dramatically in the following year.

Stone Polishing Machine Exports

Exports from Argentina

In 2022, exports of grinding or polishing machines for working stone, ceramics and concrete from Argentina declined significantly to X units, falling by X% on 2021 figures. Overall, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, stone polishing machine exports soared to $X in 2022. Over the period under review, exports recorded a precipitous shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for stone polishing machine exports from Argentina, with a X% share of total exports. Moreover, stone polishing machine exports to the United States exceeded the volume sent to the second major destination, Paraguay (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Ecuador (X% per year).

In value terms, the United States ($X) remains the key foreign market for grinding or polishing machines for working stone, ceramics and concrete exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Paraguay (X% per year).

Export Prices by Country

In 2022, the average stone polishing machine export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Paraguay ($X 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 Brazil (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Stone Polishing Machine Imports

Imports into Argentina

In 2022, purchases abroad of grinding or polishing machines for working stone, ceramics and concrete decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then shrank in the following year.

In value terms, stone polishing machine imports reduced remarkably to $X in 2022. Overall, imports, however, enjoyed perceptible growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest stone polishing machine supplier to Argentina, accounting for a X% share of total imports. Moreover, stone polishing machine imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), more than tenfold. The third position in this ranking was taken by France (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and France (X% per year).

In value terms, the largest stone polishing machine suppliers to Argentina were China ($X), France ($X) and Italy ($X), with a combined X% share of total imports. Sweden and Germany lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X%, recorded 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

In 2022, the average stone polishing machine import price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform