Argentina: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Argentina

In 2022, the Argentinian hypochlorites, chlorites and hypobromites market decreased by -11.5% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, saw a strong increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Argentina

In 2022, overseas shipments of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites increased by 523% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, saw a abrupt decrease. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, hypochlorites, chlorites and hypobromites exports soared to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X tons) was the main destination for hypochlorites, chlorites and hypobromites exports from Argentina, accounting for a 48% share of total exports. Moreover, hypochlorites, chlorites and hypobromites exports to Chile exceeded the volume sent to the second major destination, Bolivia (X tons), threefold. Niger (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile amounted to -6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-14.4% per year) and Niger (-5.7% per year).

In value terms, Niger ($X), Paraguay ($X) and Chile ($X) were the largest markets for hypochlorites, chlorites and hypobromites exported from Argentina worldwide, together comprising 82% of total exports.

In terms of the main countries of destination, Paraguay, with a CAGR of +35.9%, saw the highest growth rate of 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 hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2022, rising by 126% against the previous year. Over the period under review, the export price recorded a remarkable 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Bolivia ($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 Free Zones (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Argentina

In 2022, overseas purchases of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites decreased by -32% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 89% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, hypochlorites, chlorites and hypobromites imports skyrocketed to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The growth pace was the most rapid in 2018 when imports increased by 99% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Uruguay (X tons) and Hong Kong SAR (X tons) were the main suppliers of hypochlorites, chlorites and hypobromites imports to Argentina, together accounting for 99% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +399.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to Argentina, comprising 75% of total imports. The second position in the ranking was taken by Uruguay ($X), with a 15% share of total imports. It was followed by Hong Kong SAR, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+13.3% per year) and Hong Kong SAR (+131.0% per year).

Import Prices by Country

In 2022, the average hypochlorites, chlorites and hypobromites import price amounted to $X per ton, jumping by 74% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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