Argentina: Market for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) 2024

Market Size for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Argentina

The Argentinian market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) surged to $X in 2021, picking up by 24% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a notable expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Exports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Exports from Argentina

In 2021, shipments abroad of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) increased by 92% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 when exports increased by 199%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) surged to $X in 2021. Over the period under review, exports continue to indicate a buoyant increase. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Argentina, with a 91% share of total exports. Moreover, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to Brazil exceeded the volume sent to the second major destination, Paraguay (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Brazil stood at -15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-16.8% per year) and Chile (-40.7% per year).

In value terms, Brazil ($X) remains the key foreign market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) exports from Argentina, comprising 73% of total exports. The second position in the ranking was held by Paraguay ($X), with a 9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Brazil totaled +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-1.8% per year) and Chile (-16.5% per year).

Export Prices by Country

In 2021, the average export price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) amounted to $X per ton, with an increase of 47% against the previous year. In general, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 124%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Paraguay ($X per ton), while the average price for exports to Brazil ($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 Chile (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Imports into Argentina

After two years of growth, supplies from abroad of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) decreased by -2.3% to X tons in 2021. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when imports increased by 38% against the previous year. Imports peaked at X tons in 2020, and then contracted modestly in the following year.

In value terms, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) skyrocketed to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports (excl. hexamethylenediamine and ethylenediamine) increased by +94.6% against 2018 indices. 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 Belgium (X tons) were the main suppliers of imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to Argentina, together accounting for 64% of total imports. These countries were followed by Germany, Italy, the Netherlands and Sweden, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +73.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Belgium ($X) were the largest acyclic polyamines and their derivatives and salts thereof suppliers to Argentina, with a combined 64% share of total imports. Italy, Germany, the Netherlands and Sweden lagged somewhat behind, together accounting for a further 17%.

Italy, with a CAGR of +61.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, picking up by 47% against the previous year. In general, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) increased by +63.0% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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