Argentina - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingArgentina: Sorbitol Market 2024
Sorbitol Market Size in Argentina
The Argentinian sorbitol market reached $X in 2021, remaining relatively unchanged 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 recorded a pronounced slump. Sorbitol consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Sorbitol Exports
Exports from Argentina
In 2021, shipments abroad of sorbitol (excluding d-glucitol) decreased by -49.4% to X kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2016 when exports increased by 370% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
In value terms, sorbitol exports shrank notably to $X in 2021. In general, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 187% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
Exports by Country
Uruguay (X kg) was the main destination for sorbitol exports from Argentina, accounting for a 95% share of total exports. Moreover, sorbitol exports to Uruguay exceeded the volume sent to the second major destination, Brazil (X kg), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume to Uruguay amounted to -16.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-39.5% per year) and Egypt (-69.0% per year).
In value terms, Uruguay ($X) remains the key foreign market for sorbitol (excluding d-glucitol) exports from Argentina, comprising 79% of total exports. The second position in the ranking was held by Brazil ($X), with a 19% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Uruguay stood at +20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-1.7% per year) and Egypt (-61.0% per year).
Export Prices by Country
In 2021, the average sorbitol export price amounted to $X per ton, increasing by 53% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2017 an increase of 142% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.
Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while the average price for exports to Egypt ($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 Brazil (+61.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sorbitol Imports
Imports into Argentina
In 2021, imports of sorbitol (excluding d-glucitol) into Argentina fell to X tons, reducing by -10.9% against 2020 figures. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, sorbitol imports expanded to $X in 2021. In general, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 19%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
India (X tons), France (X tons) and the United States (X tons) were the main suppliers of sorbitol imports to Argentina, with a combined 80% share of total imports.
From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +41.8%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest sorbitol suppliers to Argentina were the United States ($X), France ($X) and India ($X), with a combined 82% share of total imports.
India, with a CAGR of +47.1%, 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
In 2021, the average sorbitol import price amounted to $X per ton, increasing by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sorbitol market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20595770 - Sorbitol (excluding D-glucitol)
Country coverage:
- Argentina
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Argentina
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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