Argentina: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Argentina

In 2022, the Argentinian market for clays for construction and industrial use increased by 48% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Exports of Clays For Construction and Industrial Use

Exports from Argentina

In 2022, exports of clays for construction and industrial use from Argentina shrank remarkably to X tons, waning by -96% on the previous year. Overall, exports recorded a deep contraction. The pace of growth was the most pronounced in 2016 when exports increased by 615%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of clays for construction and industrial use reduced markedly to $X in 2022. In general, exports, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2016 with an increase of 488% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2021, and then contracted sharply in the following year.

Exports by Country

Paraguay (X tons), Chile (X tons) and Brazil (X tons) were the main destinations of exports of clays for construction and industrial use from Argentina.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of +33.1%), while the other leaders experienced mixed trend patterns.

In value terms, Paraguay ($X) emerged as the key foreign market for clays for construction and industrial use exports from Argentina, comprising 71% of total exports. The second position in the ranking was held by Chile ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Paraguay amounted to +57.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+33.6% per year) and Brazil (-12.7% per year).

Export Prices by Country

In 2022, the average export price for clays for construction and industrial use amounted to $X per ton, increasing by 223% against the previous year. In general, the export price saw a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Brazil ($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 Paraguay (+18.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clays For Construction and Industrial Use

Imports into Argentina

In 2022, purchases abroad of clays for construction and industrial use increased by 0.1% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 67% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of clays for construction and industrial use soared to $X in 2022. In general, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +78.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Spain (X tons), the United States (X tons) and Peru (X tons) were the main suppliers of imports of clays for construction and industrial use to Argentina, with a combined 81% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of +14.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest clays for construction and industrial use suppliers to Argentina were the United States ($X), Spain ($X) and Peru ($X), together comprising 88% of total imports. France, Brazil, Germany, Canada and China lagged somewhat behind, together comprising a further 12%.

In terms of the main suppliers, Canada, with a CAGR of +19.2%, recorded the highest growth rate of 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

The average import price for clays for construction and industrial use stood at $X per ton in 2022, rising by 17% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clays for construction and industrial use increased by +56.8% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 31%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain 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 the United States ($X per ton), while the price for Canada ($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 (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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