Argentina: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Argentina

The Argentinian market for chromium, manganese, lead and copper oxides and hydroxides skyrocketed to $X in 2022, rising by X% 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 resilient increase. Consumption of peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Argentina

In 2022, shipments abroad of chromium, manganese, lead and copper oxides and hydroxides was finally on the rise to reach X tons for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides reduced slightly to $X in 2022. In general, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons), Venezuela (X tons) and the United States (X tons) were the main destinations of exports of chromium, manganese, lead and copper oxides and hydroxides from Argentina, with a combined X% share of total exports. Bolivia and Colombia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Brazil ($X), Venezuela ($X) and the United States ($X) constituted the largest markets for chromium, manganese, lead and copper oxide and hydroxide exported from Argentina worldwide, with a combined X% share of total exports. Bolivia and Colombia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Bolivia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, which is down by X% against the previous year. Overall, the export price saw a noticeable slump. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Argentina

In 2022, imports of chromium, manganese, lead and copper oxides and hydroxides into Argentina soared to X tons, with an increase of X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides skyrocketed to $X in 2022. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of chromium, manganese, lead and copper oxide and hydroxide to Argentina, with a X% share of total imports. Moreover, imports of chromium, manganese, lead and copper oxides and hydroxides from Brazil exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by Peru (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Peru (X% per year).

In value terms, the largest chromium, manganese, lead and copper oxide and hydroxide suppliers to Argentina were Peru ($X), Brazil ($X) and Turkey ($X), with a combined X% share of total imports. India, South Africa, Australia, the United States, China and Russia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, South Africa, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average import price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :