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Argentina - Hollow Drill Bars And Rods - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHollow Drill Bar Price in Argentina - 2023
Contents:
- Hollow Drill Bar Price in Argentina (CIF) - 2022
- Hollow Drill Bar Price in Argentina (FOB) - 2022
- Hollow Drill Bar Imports in Argentina
- Hollow Drill Bar Exports in Argentina
Hollow Drill Bar Price in Argentina (CIF) - 2022
In 2022, the average hollow drill bar import price amounted to $4,885 per ton, dropping by -13.1% against the previous year. Overall, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 32% against the previous year. The import price peaked at $10,193 per ton in 2016; however, from 2017 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 the United States ($9,695 per ton), while the price for Mexico ($2,435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced a decline.
Hollow Drill Bar Price in Argentina (FOB) - 2022
The average hollow drill bar export price stood at $9,309 per ton in 2022, waning by -27.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices attained the maximum at $15,267 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($98,058 per ton), while the average price for exports to Peru ($6,505 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 Uruguay (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hollow Drill Bar Imports in Argentina
For the fourth consecutive year, Argentina recorded growth in overseas purchases of hollow drill bars and rods, which increased by 47% to 929 tons in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 92% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, hollow drill bar imports surged to $4.5M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Hollow Drill Bar in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 801 | 796 | 1,276 | 1,467 | 22.3% |
Chile | 299 | 262 | 1,043 | 1,459 | 69.6% |
China | 406 | 519 | 691 | 794 | 25.1% |
Austria | 226 | 217 | 97.2 | 209 | -2.6% |
Sweden | 18.5 | 20.5 | 126 | 144 | 98.2% |
Mexico | 23.1 | 27.9 | 30.9 | 39.9 | 20.0% |
Others | 269 | 310 | 298 | 425 | 16.5% |
Total | 2,043 | 2,153 | 3,562 | 4,540 | 30.5% |
Top Suppliers of Hollow Drill Bar to Argentina in 2022:
- Chile (417.5 tons)
- Canada (232.9 tons)
- China (185.7 tons)
- Sweden (19.6 tons)
- Mexico (16.4 tons)
- Austria (13.7 tons)
Hollow Drill Bar Exports in Argentina
In 2022, shipments abroad of hollow drill bars and rods increased by 96% to 6.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a dramatic contraction.
In value terms, hollow drill bar exports soared to $58K in 2022. Over the period under review, exports, however, faced a deep reduction.
Export of Hollow Drill Bar in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 53.7 | 37.6 | 13.1 | 24.2 | -23.3% |
Colombia | 15.2 | 14.9 | 7.7 | 16.2 | 2.1% |
Brazil | 17.3 | 13.7 | 5.7 | 9.7 | -17.5% |
Chile | 5.0 | 4.6 | 2.3 | 4.6 | -2.7% |
Ecuador | N/A | N/A | 10.3 | N/A | 0% |
Singapore | 11.8 | N/A | N/A | N/A | 0% |
Others | 5.4 | 3.8 | 1.9 | 3.1 | -16.9% |
Total | 108 | 74.6 | 41.0 | 57.8 | -18.8% |
Top Export Markets for Hollow Drill Bar from Argentina in 2022:
- Peru (3.7 tons)
- Brazil (1.5 tons)
- Chile (0.7 tons)
- Colombia (0.3 tons)
This report provides an in-depth analysis of the hollow drill bar market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106700 - Hollow drill bars and rods
Country coverage:
- Argentina
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Argentina
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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