Argentina: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in Argentina

After two years of growth, the Argentinian sulphides of non-metals market decreased by -11.1% to $X in 2021. Over the period under review, consumption, however, enjoyed a buoyant increase. Sulphides of non-metals consumption peaked at $X in 2020, and then contracted in the following year.

Sulphides Of Non-Metals Production in Argentina

In value terms, sulphides of non-metals production amounted to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Sulphides Of Non-Metals Exports

Exports from Argentina

In 2021, overseas shipments of sulphides of non-metals and commercial phosphorus trisulphide were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a pronounced slump. The pace of growth was the most pronounced in 2018 when exports increased by 16% 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, sulphides of non-metals exports totaled $X in 2021. Over the period under review, exports, however, showed a pronounced decrease. The growth pace was the most rapid in 2018 when exports increased by 17%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for sulphides of non-metals exports from Argentina, with a 87% share of total exports. Moreover, sulphides of non-metals exports to Brazil exceeded the volume sent to the second major destination, Peru (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Brazil amounted to -5.0%.

In value terms, Brazil ($X) remains the key foreign market for sulphides of non-metals and commercial phosphorus trisulphide exports from Argentina, comprising 85% of total exports. The second position in the ranking was held by Peru ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil totaled -4.2%.

Export Prices by Country

The average sulphides of non-metals export price stood at $X per ton in 2021, with an increase of 2.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 3.9%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Brazil totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+2.3%).

Sulphides Of Non-Metals Imports

Imports into Argentina

In 2021, supplies from abroad of sulphides of non-metals and commercial phosphorus trisulphide increased by 524% to X kg for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, recorded a abrupt decline. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, sulphides of non-metals imports surged to $X in 2021. Overall, imports, however, showed a precipitous descent. The pace of growth was the most pronounced in 2015 with an increase of 494%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X kg) constituted the largest sulphides of non-metals supplier to Argentina, with a 64% share of total imports. Moreover, sulphides of non-metals imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X kg), fourfold. The third position in this ranking was taken by New Zealand (X kg), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to -21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+22.5% per year) and New Zealand (-23.7% per year).

In value terms, New Zealand ($X) constituted the largest supplier of sulphides of non-metals and commercial phosphorus trisulphide to Argentina, comprising 48% of total imports. The second position in the ranking was held by the United States ($X), with a 22% share of total imports. It was followed by Brazil, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from New Zealand stood at -17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-28.6% per year) and Brazil (-11.2% per year).

Import Prices by Country

The average sulphides of non-metals import price stood at $X per ton in 2021, reducing by -28.6% against the previous year. In general, the import price showed a pronounced reduction. The growth pace was the most rapid in 2020 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted markedly in the following year.

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 New Zealand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+8.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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