Argentina: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Argentina

The Argentinian activated natural mineral products market expanded modestly to $X in 2021, growing by 2.9% against the previous year. Over the period under review, consumption saw a perceptible slump. Activated natural mineral products consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Activated Natural Mineral Products in Argentina

In value terms, activated natural mineral products production rose slightly to $X in 2021 estimated in export price. In general, production showed a perceptible descent. The growth pace was the most rapid in 2019 with an increase of 13% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Activated Natural Mineral Products

Exports from Argentina

In 2021, the amount of activated natural mineral products exported from Argentina contracted significantly to X tons, falling by -17.9% on the previous year's figure. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, activated natural mineral products exports fell dramatically to $X in 2021. Overall, exports showed a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 21%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for activated natural mineral products exports from Argentina, accounting for a 55% share of total exports. Moreover, activated natural mineral products exports to Brazil exceeded the volume sent to the second major destination, Chile (X tons), threefold. Paraguay (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-14.1% per year) and Paraguay (-2.2% per year).

In value terms, Brazil ($X) remains the key foreign market for activated natural mineral products exports from Argentina, comprising 57% of total exports. The second position in the ranking was taken by Chile ($X), with an 18% share of total exports. It was followed by Bolivia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Brazil amounted to -4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-18.1% per year) and Bolivia (-5.4% per year).

Export Prices by Country

In 2021, the average activated natural mineral products export price amounted to $X per ton, with a decrease of -4.1% against the previous year. Overall, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 5.3% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Activated Natural Mineral Products

Imports into Argentina

In 2021, overseas purchases of activated natural mineral products decreased by -5.2% to X tons, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 18%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, activated natural mineral products imports fell to $X in 2021. Overall, imports saw a slight contraction. The growth pace was the most rapid in 2014 when imports increased by 18% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X tons), Chile (X tons) and the United States (X tons) were the main suppliers of activated natural mineral products imports to Argentina, together accounting for 82% of total imports. These countries were followed by Spain, Peru, Brazil and Turkey, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +162.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest activated natural mineral products suppliers to Argentina were Mexico ($X), Chile ($X) and the United States ($X), together comprising 81% of total imports. These countries were followed by Spain, Peru, Brazil and Turkey, which together accounted for a further 9.7%.

Spain, with a CAGR of +144.8%, recorded 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 mixed trend patterns.

Import Prices by Country

In 2021, the average activated natural mineral products import price amounted to $X per ton, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2014 when the average import price increased by 10%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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