Argentina: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2024

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in Argentina

The Argentinian chloride oxides of metal market fell to $X in 2021, declining by -10.5% against the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -34.5% against 2017 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in Argentina

In value terms, chloride oxides of metal production reduced slightly to $X in 2021 estimated in export price. Overall, production continues to indicate strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 59%. Chloride oxides of metal production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports from Argentina

In 2019, overseas shipments of chloride oxides and chloride hydroxides of copper and other metals were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, continue to indicate a slight shrinkage. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2019, the exports stood at a somewhat lower figure.

In value terms, chloride oxides of metal exports surged to $X in 2019. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2019, the exports failed to regain momentum.

Exports by Country

Chile (X tons) was the main destination for chloride oxides of metal exports from Argentina, accounting for a 85% share of total exports. Moreover, chloride oxides of metal exports to Chile exceeded the volume sent to the second major destination, Bolivia (X tons), more than tenfold. Colombia (X tons) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Chile was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-0.2% per year) and Colombia (-0.5% per year).

In value terms, Chile ($X), Colombia ($X) and Bolivia ($X) appeared to be the largest markets for chloride oxides of metal exported from Argentina worldwide, with a combined 79% share of total exports.

Colombia, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average chloride oxides of metal export price stood at $X per ton in 2019, reducing by -15.5% against the previous year. In general, export price indicated mild growth from 2012 to 2019: its price increased at an average annual rate of +1.7% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, chloride oxides of metal export price decreased by -26.9% against 2017 indices. The pace of growth appeared the most rapid in 2014 an increase of 51%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2019, 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 Colombia ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports into Argentina

In 2021, chloride oxides of metal imports into Argentina reduced notably to X tons, which is down by -26.1% compared with the year before. Over the period under review, imports saw a perceptible slump. The growth pace was the most rapid in 2017 when imports increased by 95% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, chloride oxides of metal imports declined slightly to $X in 2021. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 60%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Paraguay (X tons), India (X tons) and China (X tons) were the main suppliers of chloride oxides of metal imports to Argentina, together comprising 75% of total imports.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +72.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United States ($X) and China ($X) constituted the largest chloride oxides of metal suppliers to Argentina, with a combined 64% share of total imports. These countries were followed by Peru, Chile, Paraguay, South Africa, Brazil and Germany, which together accounted for a further 34%.

Paraguay, with a CAGR of +60.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chloride oxides of metal import price stood at $X per ton in 2021, increasing by 33% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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