Argentina - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina - 2023
Contents:
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina (CIF) - 2023
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina (FOB) - 2022
- Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina
- Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina (CIF) - 2023
In December 2023, the average import price for in-hand motor grinders, sanders and planers amounted to $29.4 per unit, dropping by -18.9% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 26% month-to-month. Over the period under review, average import prices hit record highs at $40.3 per unit in April 2023; however, from May 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Brazil ($69.7 per unit), while the price for China amounted to $23.7 per unit.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Brazil (+6.3%).
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina (FOB) - 2022
The average export price for in-hand motor grinders, sanders and planers stood at $27 per unit in 2022, declining by -13.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 183% against the previous year. As a result, the export price attained the peak level of $47 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($199 per unit), while the average price for exports to Uruguay ($7.6 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 the United States (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina
For the fourth year in a row, Argentina recorded growth in overseas purchases of in-hand motor grinders, sanders and planers, which increased by 14% to 3.2M units in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 95%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of in-hand motor grinders, sanders and planers skyrocketed to $100M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 81%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 15.5 | 29.3 | 57.5 | 67.8 | 63.5% |
Brazil | 2.8 | 3.1 | 6.2 | 11.7 | 61.1% |
Malaysia | 0.8 | 3.4 | 3.9 | 6.8 | 104.1% |
Others | 8.4 | 8.2 | 12.2 | 13.7 | 17.7% |
Total | 27.5 | 44.0 | 79.8 | 99.9 | 53.7% |
Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Argentina in 2022:
- China (2720.6K units)
- Brazil (240.7K units)
- Malaysia (91.4K units)
Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina
In 2022, approx. 7.5K units of in-hand motor grinders, sanders and planers were exported from Argentina; growing by 248% on 2021. In general, exports, however, recorded a deep reduction. The exports peaked at 13K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, exports of in-hand motor grinders, sanders and planers soared to $200K in 2022. Over the period under review, exports, however, saw a precipitous shrinkage. The exports peaked at $571K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.2 | 12.3 | 6.5 | 46.0 | 85.6% |
Uruguay | 220 | 128 | 10.3 | 28.4 | -49.5% |
Bolivia | 1.4 | 0.8 | N/A | 26.5 | 166.5% |
Chile | 37.8 | 12.1 | 1.0 | 10.9 | -33.9% |
Paraguay | 240 | 125 | 22.2 | 10.7 | -64.5% |
El Salvador | N/A | N/A | N/A | 8.6 | 0% |
Costa Rica | 6.4 | 5.0 | 0.9 | 7.4 | 5.0% |
Germany | 10.9 | 13.6 | 5.2 | 6.8 | -14.6% |
Angola | 0.3 | 0.7 | 0.9 | 4.3 | 142.9% |
Others | 47.2 | 36.8 | 19.3 | 50.8 | 2.5% |
Total | 571 | 335 | 66.3 | 200 | -29.5% |
Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Argentina in 2022:
- Uruguay (3730.0 units)
- Chile (1408.0 units)
- El Salvador (469.0 units)
- Costa Rica (413.0 units)
- United States (334.0 units)
- Germany (296.0 units)
- Angola (232.0 units)
- Paraguay (209.0 units)
- Bolivia (133.0 units)
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor 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:
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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