Argentina: Alkali Metals Market 2024

Alkali Metals Market Size in Argentina

The Argentinian alkali metals market skyrocketed to $X in 2021, growing by 80% 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, consumption saw a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Alkali Metals Exports

Exports from Argentina

In 2021, the amount of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exported from Argentina soared to X tons, increasing by 62% against 2020 figures. In general, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when exports increased by 286% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, alkali metals exports surged to $X in 2021. Overall, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by 579% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for alkali metals exports from Argentina, with a 67% share of total exports. Moreover, alkali metals exports to Germany exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +135.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+349.9% per year) and the United States (-27.2% per year).

In value terms, Germany ($X) remains the key foreign market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exports from Argentina, comprising 91% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 7.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +136.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+459.1% per year) and the United States (-41.8% per year).

Export Prices by Country

In 2021, the average alkali metals export price amounted to $X per ton, jumping by 62% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 76% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United States ($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 Taiwan (Chinese) (+24.2%), while the prices for the other major destinations experienced mixed trend patterns.

Alkali Metals Imports

Imports into Argentina

In 2021, the amount of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury imported into Argentina soared to X tons, growing by 74% against the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 76%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, alkali metals imports surged to $X in 2021. In general, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of alkali metals to Argentina, accounting for a 66% share of total imports. Moreover, alkali metals imports from France exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Mexico (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +88.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.3% per year) and Mexico (+35.9% per year).

In value terms, the largest alkali metals suppliers to Argentina were France ($X), China ($X) and Mexico ($X), with a combined 84% share of total imports.

Among the main suppliers, France, with a CAGR of +53.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alkali metals import price stood at $X per ton in 2021, growing by 7.7% against the previous year. Overall, the import price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 93% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained 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 Mexico ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :