Insulating Board Market in Argentina
Market Overview
The Argentinian insulating board market rose to $
in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Insulating board consumption peaked at $ in 2018; however, from 2019 to , consumption failed to regain momentum.
In value terms, insulating board production rose modestly to $ in estimated in export price. Overall, the total production indicated a moderate expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by %. Insulating board production peaked at $ in 2018; however, from 2019 to , production stood at a somewhat lower figure.
in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Insulating board consumption peaked at $ in 2018; however, from 2019 to , consumption failed to regain momentum.In value terms, insulating board production rose modestly to $
in estimated in export price. Overall, the total production indicated a moderate expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by %. Insulating board production peaked at $ in 2018; however, from 2019 to , production stood at a somewhat lower figure.Consumption
Insulating board consumption in Argentina fell slightly to cubic meters in , approximately mirroring the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, consumption hit record highs at cubic meters in 2011; however, from 2012 to , consumption failed to regain momentum.
The size of the insulating board market in Argentina rose to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $ in 2018; however, from 2019 to , consumption remained at a lower figure.
cubic meters in , approximately mirroring the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, consumption hit record highs at cubic meters in 2011; however, from 2012 to , consumption failed to regain momentum.The size of the insulating board market in Argentina rose to $
in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $ in 2018; however, from 2019 to , consumption remained at a lower figure.Market Forecast
Driven by increasing demand for insulating board in Argentina, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to cubic meters by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to cubic meters by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of insulating board in Argentina were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for insulating board.
Trade Balance
Argentina remains a net exporter of insulating board; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of cubic meters, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of cubic meters, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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