Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina - 2023
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, increasing by 3.9% against the previous year. In general, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2020 an increase of 53% against the previous year. As a result, import price reached the peak level of $0.1 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($0.2 per unit), while the price for India ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $57 per thousand units in 2022, growing by 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Brazil ($109 per thousand units), while the average price for exports to Uruguay ($36 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina
Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Argentina rose slightly to 1.3B units in 2022, picking up by 4.8% compared with the previous year. In general, imports posted a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment rose notably to $109M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% 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 +49.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.2 | 31.7 | 50.8 | 57.6 | 22.7% |
| Mexico | 5.9 | 6.1 | 8.1 | 8.6 | 13.4% |
| Japan | 5.7 | 5.3 | 7.0 | 7.5 | 9.6% |
| United States | 9.6 | 7.2 | 7.9 | 7.3 | -8.7% |
| Brazil | 2.8 | 2.8 | 3.9 | 5.5 | 25.2% |
| Germany | 6.1 | 3.9 | 5.1 | 5.5 | -3.4% |
| Spain | 2.6 | 3.3 | 2.4 | 2.6 | 0.0% |
| Taiwan (Chinese) | 2.5 | 2.3 | 1.4 | 1.9 | -8.7% |
| Vietnam | 0.4 | 0.5 | 1.2 | 1.4 | 51.8% |
| India | 1.3 | 0.9 | 0.8 | 1.1 | -5.4% |
| Others | 12.6 | 9.0 | 11.4 | 9.7 | -8.3% |
| Total | 80.8 | 72.9 | 99.8 | 109 | 10.5% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Argentina in 2022:
- China (778.4M units)
- Japan (118.1M units)
- Brazil (78.5M units)
- Germany (49.1M units)
- United States (48.1M units)
- Mexico (47.3M units)
- Spain (23.8M units)
- Vietnam (21.7M units)
- India (17.7M units)
- Taiwan (Chinese) (15.8M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina
In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment exported from Argentina contracted to 65M units, reducing by -9.9% against the year before. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 2.2% against the previous year. Over the period under review, the exports of reached the peak figure at 99M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $3.7M in 2022. Over the period under review, exports continue to indicate a slight decline. The exports peaked at $3.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 617 | 624 | 919 | 1,023 | 18.4% |
| Paraguay | 678 | 334 | 342 | 530 | -7.9% |
| Bolivia | 502 | 307 | 458 | 439 | -4.4% |
| Uruguay | 670 | 204 | 299 | 407 | -15.3% |
| Brazil | 183 | 281 | 193 | 404 | 30.2% |
| Colombia | 177 | 209 | 315 | 239 | 10.5% |
| Peru | 542 | 706 | 484 | 224 | -25.5% |
| Others | 478 | 675 | 113 | 396 | -6.1% |
| Total | 3,847 | 3,340 | 3,122 | 3,661 | -1.6% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Argentina in 2022:
- Chile (19.8M units)
- Paraguay (12.0M units)
- Uruguay (11.3M units)
- Bolivia (7.3M units)
- Peru (4.6M units)
- Brazil (3.7M units)
- Colombia (2.5M units)
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