Argentina: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in Argentina

After two years of growth, the Argentinian pile and chenille fabric market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Argentina

In 2022, overseas shipments of woven pile fabrics and chenille fabrics decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, pile and chenille fabric exports dropped modestly to $X in 2022. Over the period under review, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uruguay (X kg) was the main destination for pile and chenille fabric exports from Argentina, accounting for 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 2022, the average annual growth rate of volume to Uruguay totaled 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), together comprising X% of total exports.

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

Export Prices by Country

In 2022, the average pile and chenille fabric export price amounted to $X per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, 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 2022, 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.

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Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Argentina

In 2022, purchases abroad of woven pile fabrics and chenille fabrics decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, pile and chenille fabric imports shrank to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of pile and chenille fabric to Argentina, with a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fivefold.

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: Brazil (X% per year) and Belgium (X% per year).

In value terms, China ($X) constituted the largest supplier of woven pile fabrics and chenille fabrics to Argentina, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average pile and chenille fabric import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a perceptible descent. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Brazil ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 Platform

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