Argentina Diaper Market 2025: Imports and Outlook

On the evening of September 8th, Beijing time, Argentina's stock, foreign exchange, and bond markets all plummeted.Argentine stocks suffered their largest intraday drop since 2020; the price of Argentina's most liquid 2035 bond, due in 2035, fell by more than 6 cents at one point, pushing its yield to 12.8%; and the Argentine peso plummeted nearly 5% against the US dollar to 1,436 pesos to the dollar.
According to the Ministry of Commerce website, JPMorgan Chase's latest report lowered Argentina's 2025 economic growth forecast from 5.3% to 4.7%, primarily due to poor second-quarter GDP performance, exchange rate fluctuations, and uncertainty surrounding the midterm elections.

The report noted that although Argentina has made progress in achieving a fiscal surplus and reducing inflation, political uncertainty and financial volatility will negatively impact consumption, exports, and macroeconomic stability in the coming months. In particular, the government's recent setbacks in parliament have further heightened domestic political uncertainty. Data from the National Bureau of Statistics of Afghanistan showed that the monthly inflation rate rose slightly to 1.9% in July, and the cumulative inflation in 2025 reached 17.3%; the annualized inflation rate was 36.6%, the lowest since February 2021; the core inflation was 1.5%, the lowest since January 2018.

Imports of Diapers (and Related Hygiene Products)

• Regulatory changes underway
  In May 2025, Argentina's National Administration of Medicines, Food and Medical Technology (ANMAT) announced that it would no longer intervene in the direct importation of personal-use hygiene items—including disposable diapers for babies and adults. Importing these products is now the sole responsibility of the end user, aiming to streamline trade and boost competition between domestic and foreign products.

• Import volume and trends
  Detailed, product-specific import data for diapers (HS codes) in 2024–2025 remain limited in publicly accessible sources. However, broader market analysis indicates that imports of diapers (together with sanitary towels, tampons, and napkins) have been declining consistently for several years. In 2024, both the volume and value of such imports fell—marking the fourth consecutive year of contraction. Main suppliers in recent years have included Colombia, Brazil, and China.

What This Means

• The deregulation of imports in 2025 allows individuals to order diapers (and other personal-use hygiene products) more freely, without prior intervention from ANMAT—a move likely to reduce bureaucracy and consumer costs.

• Despite this, diaper imports have been on a downward trend, and Argentina remains largely a net importer of such goods—especially compared to vigorous global producers like China and Turkey.

• Domestic export capacity is negligible, with exports nearly nonexistent as of late 2023.

• The entry of eco-friendly products like Tree Free diapers indicates a niche but growing focus on sustainability in the market.