Argentina: Market for Prepared Glues And Other Prepared Adhesives 2025

Market Size for Prepared Glues And Other Prepared Adhesives in Argentina

The Argentinian market for prepared glues and other prepared adhesives fell modestly to $X in 2021, dropping by -4.1% against the previous year. Over the period under review, consumption continues to indicate a mild decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Prepared Glues And Other Prepared Adhesives in Argentina

In value terms, production of prepared glues and other prepared adhesives declined slightly to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 11%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Prepared Glues And Other Prepared Adhesives

Exports from Argentina

Exports of prepared glues and other prepared adhesives from Argentina declined sharply to X tons in 2021, dropping by -28.6% against the previous year. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2013 when exports increased by 7.9% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of prepared glues and other prepared adhesives contracted rapidly to $X in 2021. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of 5.1%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for exports of prepared glues and other prepared adhesives from Argentina, with a 53% share of total exports. Moreover, exports of prepared glues and other prepared adhesives to Brazil exceeded the volume sent to the second major destination, Uruguay (X tons), threefold. Chile (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Brazil amounted to -17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-7.5% per year) and Chile (-12.5% per year).

In value terms, Brazil ($X) remains the key foreign market for prepared glues and other prepared adhesives exports from Argentina, comprising 50% of total exports. The second position in the ranking was held by Uruguay ($X), with a 16% share of total exports. It was followed by Paraguay, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Brazil totaled -21.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-8.8% per year) and Paraguay (-1.8% per year).

Export Prices by Country

In 2021, the average export price for prepared glues and other prepared adhesives amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 4.7%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Paraguay ($X per ton) and Bolivia ($X per ton), while the average price for exports to Chile ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prepared Glues And Other Prepared Adhesives

Imports into Argentina

In 2021, the amount of prepared glues and other prepared adhesives imported into Argentina contracted slightly to X tons, declining by -2.7% against the previous year's figure. In general, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 56%. Over the period under review, imports of attained the maximum at X tons in 2020, and then contracted slightly in the following year.

In value terms, imports of prepared glues and other prepared adhesives expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +4.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 27%. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Brazil (X tons) constituted the largest prepared glues and other prepared adhesives supplier to Argentina, with a 43% share of total imports. Moreover, imports of prepared glues and other prepared adhesives from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Mexico (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil stood at +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+27.9% per year) and Mexico (+21.5% per year).

In value terms, Brazil ($X), China ($X) and Mexico ($X) constituted the largest prepared glues and other prepared adhesives suppliers to Argentina, with a combined 59% share of total imports.

In terms of the main suppliers, China, with a CAGR of +26.3%, 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

The average import price for prepared glues and other prepared adhesives stood at $X per ton in 2021, picking up by 16% against the previous year. Overall, the import price, however, showed a noticeable setback. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil ($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 (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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