Argentina: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Argentina

In 2022, the Argentinian market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function increased by 15% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +59.3% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Argentina

In 2022, approx. X tons of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function were exported from Argentina; increasing by 34% against the previous year. In general, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2019 when exports increased by 196% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes exports skyrocketed to $X in 2022. Overall, exports, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 1,308% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for butanal butanal and acyclic aldehydes exports from Argentina, with a 86% share of total exports. Moreover, butanal butanal and acyclic aldehydes exports to Brazil exceeded the volume sent to the second major destination, Paraguay (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Brazil stood at +73.6%.

In value terms, Brazil ($X) remains the key foreign market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports from Argentina, comprising 93% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 7.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Brazil stood at +60.5%.

Export Prices by Country

The average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, picking up by 38% against the previous year. Overall, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 376%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Paraguay totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Argentina

In 2022, overseas purchases of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function increased by 7.2% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.4% 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 +58.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, butanal butanal and acyclic aldehydes imports skyrocketed to $X in 2022. Overall, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +55.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 55% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of butanal butanal and acyclic aldehydes to Argentina, with a 60% share of total imports. Moreover, butanal butanal and acyclic aldehydes imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.9% per year) and Germany (+3.1% per year).

In value terms, the largest butanal butanal and acyclic aldehydes suppliers to Argentina were China ($X), the United States ($X) and India ($X), with a combined 83% share of total imports.

China, with a CAGR of +21.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, rising by 8.4% against the previous year. Over the period under review, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 12%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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