Report Update Nov 1, 2024

Argentina - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2024

Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in Argentina

After two years of decline, the Argentinian diethylene glycol and digol market increased by 27% to $X in 2021. Over the period under review, consumption, however, showed a drastic downturn. Diethylene glycol and digol consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Exports from Argentina

In 2021, approx. X tons of X-oxydiethanol (diethylene glycol, digol) were exported from Argentina; standing approx. at the previous year's figure. Overall, exports showed buoyant growth. The growth pace was the most rapid in 2016 with an increase of 231%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, diethylene glycol and digol exports amounted to $X in 2021. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 195% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Chile (X tons) was the main destination for diethylene glycol and digol exports from Argentina, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Chile was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile was relatively modest.

Export Prices by Country

The average diethylene glycol and digol export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price decreased by -2.2%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Imports into Argentina

In 2021, after two years of decline, there was significant growth in supplies from abroad of X-oxydiethanol (diethylene glycol, digol), when their volume increased by 14% to X tons. Overall, imports, however, saw a pronounced descent. The growth pace was the most rapid in 2014 when imports increased by 17%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, diethylene glycol and digol imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a deep downturn. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of diethylene glycol and digol to Argentina, accounting for a 83% share of total imports. Moreover, diethylene glycol and digol imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Venezuela (X tons) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia stood at +32.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-23.7% per year) and Venezuela (+2.0% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of X-oxydiethanol (diethylene glycol, digol) to Argentina, comprising 80% of total imports. The second position in the ranking was held by the United States ($X), with a 6.9% share of total imports. It was followed by India, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia stood at +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-24.6% per year) and India (-23.3% per year).

Import Prices by Country

The average diethylene glycol and digol import price stood at $X per ton in 2021, growing by 23% against the previous year. Overall, the import price, however, recorded a perceptible curtailment. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for 2,2-oxydiethanol (diethylene glycol, digol) in the world?

The countries with the highest volumes of in 2021 were China, Saudi Arabia and Taiwan Chinese), together comprising 58% of global consumption.

What are the largest producers of 2,2-oxydiethanol (diethylene glycol, digol) in the world?

The country with the largest volume of diethylene glycol and digol production was Saudi Arabia, comprising approx. 39% of total volume. Moreover, diethylene glycol and digol production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Canada, fourfold. The third position in this ranking was occupied by Taiwan Chinese), with a 9.8% share.

What are the leading suppliers of 2,2-oxydiethanol (diethylene glycol, digol) to Argentina?

In value terms, Saudi Arabia constituted the largest supplier of diethylene glycol and digol to Argentina, comprising 47% of total imports. The second position in the ranking was occupied by the United States, with a 14% share of total imports. It was followed by Taiwan Chinese), with a 13% share.

What is the average export price for 2,2-oxydiethanol (diethylene glycol, digol) in Argentina?

In 2021, the average diethylene glycol and digol export price amounted to $928 per ton, approximately reflecting the previous year.

What is the average import price for 2,2-oxydiethanol (diethylene glycol, digol) in Argentina?

In 2021, the average diethylene glycol and digol import price amounted to $676 per ton, increasing by 7.8% against the previous year.

This report provides an in-depth analysis of the market for diethylene glycol and digol 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:

Prodcom 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023