Argentina: Natural Polymers Market 2024

Natural Polymers Market Size in Argentina

The Argentinian natural polymers market contracted to $X in 2021, dropping by -5.5% against the previous year. Overall, consumption recorded a perceptible decline. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Natural Polymers Production in Argentina

In value terms, natural polymers production rose markedly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2013 with an increase of 31%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Natural Polymers Exports

Exports from Argentina

In 2021, overseas shipments of natural and modified natural polymers in primary forms were finally on the rise to reach X tons after four years of decline. In general, exports showed a mild increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural polymers exports surged to $X in 2021. Over the period under review, exports continue to indicate a temperate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for natural polymers exports from Argentina, accounting for a 44% share of total exports. Moreover, natural polymers exports to France exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was held by Paraguay (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+1,389.3% per year) and Paraguay (+6.6% per year).

In value terms, France ($X) remains the key foreign market for natural and modified natural polymers in primary forms exports from Argentina, comprising 48% of total exports. The second position in the ranking was held by South Korea ($X), with a 21% share of total exports. It was followed by Mexico, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+1,262.2% per year) and Mexico (+4.8% per year).

Export Prices by Country

In 2021, the average natural polymers export price amounted to $X per ton, reducing by -22% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, natural polymers export price decreased by -46.7% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 49%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Chile ($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 Peru (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Polymers Imports

Imports into Argentina

In 2021, supplies from abroad of natural and modified natural polymers in primary forms increased by 32% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 64%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, natural polymers imports surged to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 48%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of natural polymers to Argentina, with a 82% share of total imports. Moreover, natural polymers imports from China exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+3.3% per year) and Germany (-0.4% per year).

In value terms, China ($X) constituted the largest supplier of natural and modified natural polymers in primary forms to Argentina, comprising 65% of total imports. The second position in the ranking was held by Austria ($X), with a 6.5% share of total imports. It was followed by the United States, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+3.8% per year) and the United States (-11.5% per year).

Import Prices by Country

In 2021, the average natural polymers import price amounted to $X per ton, increasing by 6.6% against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The growth pace was the most rapid in 2020 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 ($X per ton), while the price for Chile ($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 (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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