Report Update Nov 1, 2024

Argentina - Amino Resins - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Amino Resin Market 2024

Amino Resin Market Size in Argentina

The Argentinian amino resin market rose markedly to $X in 2022, growing by 5.8% against the previous year. In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +65.5% against 2012 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the immediate term.

Amino Resin Production in Argentina

In value terms, amino resin production totaled $X in 2022 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.4% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by 18% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Amino Resin Exports

Exports from Argentina

In 2022, amino resin exports from Argentina fell sharply to X tons, waning by -98.4% on 2021 figures. Overall, exports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2013 when exports increased by 23%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, amino resin exports shrank dramatically to $X in 2022. Over the period under review, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2013 when exports increased by 42%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons) was the main destination for amino resin exports from Argentina, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay amounted to -22.7%.

In value terms, Paraguay ($X) emerged as the key foreign market for amino resins exports from Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay amounted to -19.2%.

Export Prices by Country

In 2022, the average amino resin export price amounted to $X per ton, surging by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +8.5% per year.

Amino Resin Imports

Imports into Argentina

In 2022, supplies from abroad of amino resins increased by 33% to X tons, rising for the third year in a row after two years of decline. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +7.7% 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 +91.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, amino resin imports surged to $X in 2022. Overall, imports continue to indicate a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Belgium (X tons) and China (X tons) were the main suppliers of amino resin imports to Argentina, together accounting for 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +74.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest amino resin suppliers to Argentina were the United States ($X), Belgium ($X) and China ($X), with a combined 80% share of total imports.

Belgium, with a CAGR of +80.3%, saw the highest growth rate of the value of imports, in terms of 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 amino resin import price amounted to $X per ton, growing by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 38% share of global consumption. Indonesia, Brazil, Russia, Belgium, Mexico, Turkey, South Korea, Hungary, Portugal and Germany lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in the world?

China constituted the country with the largest volume of amino resins in primary forms production, accounting for 29% of total volume. Moreover, amino resins in primary forms production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Japan ranked third in terms of total production with a 6.1% share.

What are the leading suppliers of amino resins in primary forms (excluding urea and thiourea resins, melamine resins) to Argentina?

In value terms, the United States constituted the largest supplier of amino resins in primary forms to Argentina, comprising 50% of total imports. The second position in the ranking was occupied by Belgium, with an 18% share of total imports. It was followed by China, with a 13% share.

What are the leading importers of amino resins in primary forms (excluding urea and thiourea resins, melamine resins) from Argentina?

In value terms, Uruguay, Chile and Spain constituted the largest markets for amino resins in primary forms exported from Argentina worldwide, with a combined 69% share of total exports. Venezuela, Paraguay, Bolivia and Peru lagged somewhat behind, together comprising a further 28%.

What is the average export price for amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in Argentina?

The average export price for amino resins in primary forms excluding urea and thiourea resins, melamine resins) stood at $2,356 per ton in 2021, dropping by -2.2% against the previous year.

What is the average import price for amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in Argentina?

The average import price for amino resins in primary forms excluding urea and thiourea resins, melamine resins) stood at $729 per ton in 2021, growing by 6.9% against the previous year.

This report provides an in-depth analysis of the amino resin market 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 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)

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