Argentina: Plaster Market 2024

Plaster Market Size in Argentina

The Argentinian plaster market shrank to $X in 2022, with a decrease of -5.3% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Plaster Production in Argentina

In value terms, plaster production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 35%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Plaster Exports

Exports from Argentina

In 2022, after two years of decline, there was significant growth in shipments abroad of plaster, when their volume increased by 219% to X tons. Overall, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plaster exports soared to $X in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Chile (X tons), Uruguay (X tons) and Paraguay (X tons) were the main destinations of plaster exports from Argentina.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +21.5%), while shipments for the other leaders experienced mixed trend patterns.

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

In terms of the main countries of destination, Chile, with a CAGR of +20.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average plaster export price stood at $X per ton in 2022, waning by -2.7% against the previous year. Overall, the export price recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when the average export price increased by 9.6%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Chile ($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 Chile (-1.1%), while the prices for the other major destinations experienced a decline.

Plaster Imports

Imports into Argentina

Plaster imports into Argentina rose slightly to X tons in 2022, picking up by 2.3% against the year before. Overall, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.7% against 2020 indices. The pace of growth was the most pronounced in 2019 when imports increased by 63%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, plaster imports skyrocketed to $X in 2022. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +72.9% against 2018 indices. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of plaster to Argentina, with a 50% share of total imports. Moreover, plaster imports from Spain exceeded the figures recorded by the second-largest supplier, Morocco (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (-2.2% per year) and the United States (-6.9% per year).

In value terms, the largest plaster suppliers to Argentina were Spain ($X), the United States ($X) and Morocco ($X), with a combined 79% share of total imports. The UK, China and Brazil lagged somewhat behind, together comprising a further 21%.

In terms of the main suppliers, the UK, with a CAGR of +47.9%, recorded 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 plaster import price amounted to $X per ton, with an increase of 30% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaster import price increased by +49.0% against 2020 indices. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood 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 Brazil ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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