Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina - 2023

Contents:

  1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina (CIF) - 2023
  2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina (FOB) - 2022
  3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina
  4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina (CIF) - 2023

The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $9,824 per ton in June 2023, surging by 17% against the previous month. In general, the import price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in February 2023 when the average import price increased by 21% against the previous month. The import price peaked at $12,378 per ton in December 2022; however, from January 2023 to June 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Brazil ($12,488 per ton), while the price for China ($9,286 per ton) was amongst the lowest.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+4.0%), while the prices for the other major suppliers experienced a decline.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina (FOB) - 2022

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $12,094 per ton in 2022, stabilizing at the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 23%. Over the period under review, the average export prices attained the peak figure at $14,312 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($12,922 per ton), while the average price for exports to Chile stood at $10,386 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina

In 2022, the amount of footwear; parts, outer soles and heels, of rubber or plasticses imported into Argentina totaled 1.7K tons, surging by 14% compared with the year before. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 132%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses skyrocketed to $18M in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 182% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.93.911.915.237.1%
Brazil1.50.81.71.98.2%
Vietnam0.20.20.50.535.7%
Indonesia0.20.41.00.1-20.6%
OthersN/A0.10.20.373.2%
Total7.95.415.217.931.3%

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Argentina in 2022:

  1. China (1466.8 tons)
  2. Brazil (176.3 tons)
  3. Vietnam (33.4 tons)
  4. Indonesia (7.1 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina

In 2022, overseas shipments of footwear; parts, outer soles and heels, of rubber or plasticses increased by 169% to 28 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt setback.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses surged to $338K in 2022. In general, exports, however, saw a abrupt decrease.

Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay19118159.92438.4%
Chile27311464.694.7-29.7%
Peru37.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total502295125338-12.4%

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Argentina in 2022:

  1. Uruguay (18.8 tons)
  2. Chile (9.1 tons)

Source: IndexBox Market Intelligence Platform

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