Argentina: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Argentina

In 2022, the Argentinian market for organo-sulphur compounds and other organo-inorganic compounds increased by 40% to $X, rising for the fourth consecutive year after four years of decline. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +118.0% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports from Argentina

In 2022, overseas shipments of organo-sulphur compounds and other organo-inorganic compounds decreased by -91.4% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports recorded a sharp descent. The growth pace was the most rapid in 2016 when exports increased by 108% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds dropped markedly to $X in 2022. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2016 when exports increased by 94% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X tons), Sudan (X tons) and Chile (X tons) were the main destinations of exports of organo-sulphur compounds and other organo-inorganic compounds from Argentina, together comprising 68% of total exports. Uruguay, Brazil, Bolivia and Thailand lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Bolivia (with a CAGR of -8.5%), while shipments for the other leaders experienced a decline.

In value terms, Paraguay ($X), Chile ($X) and Sudan ($X) appeared to be the largest markets for organo-sulphur compounds and other organo-inorganic compounds exported from Argentina worldwide, together accounting for 62% of total exports. Uruguay, Bolivia, Brazil and Thailand lagged somewhat behind, together comprising a further 36%.

Bolivia, with a CAGR of -2.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, declining by -28.3% against the previous year. In general, the export price saw a mild reduction. The growth pace was the most rapid in 2013 an increase of 31% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Sudan ($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 Sudan (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports into Argentina

In 2022, imports of organo-sulphur compounds and other organo-inorganic compounds into Argentina declined slightly to X tons, shrinking by -1.9% on the previous year. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds surged to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and Brazil (X tons) were the main suppliers of imports of organo-sulphur compounds and other organo-inorganic compounds to Argentina, together comprising 88% of total imports. Belgium, Singapore, Spain and France lagged somewhat behind, together comprising a further 9.1%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +235.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of organo-sulphur compounds and other organo-inorganic compounds to Argentina, comprising 74% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by Brazil, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.3% per year) and Brazil (+59.7% per year).

Import Prices by Country

The average import price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, surging by 61% against the previous year. Over the period under review, the import price saw a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Brazil ($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 (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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