Argentina: Market for Calcined And Sintered Dolomite 2024

Market Size for Calcined And Sintered Dolomite in Argentina

The Argentinian calcined and sintered dolomite market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Calcined And Sintered Dolomite in Argentina

In value terms, calcined and sintered dolomite production expanded rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 12% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Calcined And Sintered Dolomite

Exports from Argentina

In 2021, the amount of calcined and sintered dolomite exported from Argentina soared to X tons, rising by 163% against the year before. Overall, exports, however, showed a deep setback. The pace of growth was the most pronounced in 2019 when exports increased by 185%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, calcined and sintered dolomite exports surged to $X in 2021. Over the period under review, exports, however, faced a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X tons) was the main destination for calcined and sintered dolomite exports from Argentina, accounting for a 72% share of total exports. Moreover, calcined and sintered dolomite exports to Chile exceeded the volume sent to the second major destination, Uruguay (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile amounted to -13.5%.

In value terms, the largest markets for calcined and sintered dolomite exported from Argentina were Chile ($X) and Uruguay ($X).

In terms of the main countries of destination, Uruguay, with a CAGR of +54.5%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average calcined and sintered dolomite export price amounted to $X per ton, increasing by 3.3% against the previous year. In general, the export price, however, continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2017 an increase of 7.8%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Chile amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (-0.8%).

Imports of Calcined And Sintered Dolomite

Imports into Argentina

For the seventh consecutive year, Argentina recorded decline in supplies from abroad of calcined and sintered dolomite, which decreased by -76.5% to X tons in 2021. Over the period under review, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2014 with an increase of 49%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, calcined and sintered dolomite imports shrank dramatically to $X in 2021. Overall, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2014 with an increase of 35% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of calcined and sintered dolomite to Argentina, accounting for a 74% share of total imports. Moreover, calcined and sintered dolomite imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Brazil (X tons), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-28.5% per year) and Brazil (-50.9% per year).

In value terms, the United States ($X), China ($X) and Brazil ($X) constituted the largest calcined and sintered dolomite suppliers to Argentina, together accounting for 99.9% of total imports.

In terms of the main suppliers, the United States, with a CAGR of -7.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average calcined and sintered dolomite import price amounted to $X per ton, picking up by 21% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calcined and sintered dolomite import price increased by +94.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 61%. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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