Argentina: Market for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives 2024

Market Size for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Argentina

The Argentinian market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives skyrocketed to $X in 2022, growing by X% 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). In general, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Exports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Exports from Argentina

In 2022, approx. X kg of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives were exported from Argentina; stabilizing at 2021 figures. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X kg. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $X in 2022. Over the period under review, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Brazil (X kg) was the main destination for exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Argentina, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil stood at X%.

From 2012 to 2022, the average annual growth rate of value to Brazil was relatively modest.

Export Prices by Country

In 2022, the average export price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $X per ton, almost unchanged from the previous year. In general, the export price recorded a slight increase. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Imports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Imports into Argentina

In 2022, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives into Argentina skyrocketed to X tons, increasing by X% against 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports of attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives soared to $X in 2022. In general, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives to Argentina, with a combined X% share of total imports. Mexico, the UK and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Mexico ($X) and China ($X) were the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives suppliers to Argentina, together comprising X% of total imports. The UK, Germany and India lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform