Argentina: Ionones And Methylionones Market 2024

Ionones And Methylionones Market Size in Argentina

In 2021, the Argentinian ionones and methylionones market increased by 6.8% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Ionones And Methylionones Exports

Exports from Argentina

Ionones and methylionones exports from Argentina surged to X kg in 2021, jumping by 268% against the previous year. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 4,280%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, ionones and methylionones exports soared to $X in 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 4,387%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X kg), Brazil (X kg) and Mexico (X kg) were the main destinations of ionones and methylionones exports from Argentina, with a combined 92% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +89.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for ionones and methylionones exports from Argentina, comprising 89% of total exports. The second position in the ranking was taken by Brazil ($X), with a 4.3% share of total exports. It was followed by Mexico, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +77.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+45.0% per year) and Mexico (+55.7% per year).

Export Prices by Country

In 2021, the average ionones and methylionones export price amounted to $X per ton, shrinking by -20.7% against the previous year. Overall, the export price saw a mild shrinkage. The growth pace was the most rapid in 2015 an increase of 43%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+141.3%), while the prices for the other major destinations experienced mixed trend patterns.

Ionones And Methylionones Imports

Imports into Argentina

In 2021, overseas purchases of ionones and methylionones increased by 1.7% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 25%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, ionones and methylionones imports amounted to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of ionones and methylionones to Argentina, accounting for a 51% share of total imports. Moreover, ionones and methylionones imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Switzerland (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.5% per year) and Switzerland (-9.4% per year).

In value terms, China ($X), Germany ($X) and Switzerland ($X) appeared to be the largest ionones and methylionones suppliers to Argentina, together accounting for 84% of total imports. These countries were followed by India, Brazil, Spain and the United States, which together accounted for a further 14%.

Among the main suppliers, Brazil, with a CAGR of +37.4%, 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 2021, the average ionones and methylionones import price amounted to $X per ton, with an increase of 7.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 34% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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