Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Argentina - 2023

Contents:

1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Argentina (CIF) - 2022
2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Argentina (FOB) - 2023
3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Argentina
4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Argentina

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Argentina (CIF) - 2022

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $111 per unit in 2022, surging by 26% against the previous year. Over the period under review, the import price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 58%. Over the period under review, average import prices hit record highs at $235 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($263 per unit), while the price for Brazil ($24 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Argentina (FOB) - 2023

In April 2023, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $372 per unit, approximately mirroring the previous month. In general, the export price saw notable growth. The export price peaked in April 2023.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From May 2022 to April 2023, the rate of growth in terms of prices for Bolivia amounted to +3.6% per month.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Argentina

After three years of growth, supplies from abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -31.6% to 45K units in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. Imports peaked at 66K units in 2021, and then plummeted in the following year.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined to $5M in 2022. Over the period under review, imports showed a noticeable setback. The pace of growth appeared the most rapid in 2020 when imports increased by 39%. As a result, imports attained the peak of $7.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Argentina in 2022:

1. Brazil (28.2K units)
2. China (14.3K units)
3. United States (1.8K units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Argentina

In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses exported from Argentina contracted remarkably to 2.4K units, waning by -41.8% compared with 2021. Over the period under review, exports faced a significant contraction. The smallest decline of -6.1% was in 2021. Over the period under review, the exports of reached the maximum at 4.9K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses contracted significantly to $544K in 2022. Overall, exports showed a deep reduction. The smallest decline of -8.6% was in 2020. Over the period under review, the exports of reached the peak figure at $914K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Argentina in 2022:

1. Bolivia (2.1K units)
2. Uruguay (0.2K units)

Source: IndexBox Market Intelligence Platform