Argon Market

Argon market: discover recently published data empowered by an Ai-driven market research platform. Datasets include consumption, companies, market size, production, imports, market prices, trade, and exports. Here is a split by region, including the U.K., Latin America, EU, China, the U.S., the Middle East, Russia, and Africa. Market insights and outlook to 2030 are also featured in the snapshots.


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Argon - World's Largest Markets

RatingCountry
1United States

In value terms, the United States led the market, alone.

In the United States, the argon market increased at an average annual rate of +2,922.5% over the period from 2019-2021.

Argon Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per cubic meter
United States3.64.14.62081200921E-7-100.0%
China0.40.41.04827730058E-5-99.5%
Average0.60.68.4453793404786E-6-99.6%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($0 per cubic meter), while the United States amounted to $0 per cubic meter.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by China (-99.5% per year).

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per cubic meter
United States0.60.57.01624372332E-7-99.9%
Average0.60.68.4457459647061E-6-99.6%

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2019 to 2021, the rate of growth in terms of prices for the United States amounted to -99.9% per year.

Argon - Top Importers

COUNTRY201920202021CAGR,
2019-2021
million USD
United States2220220.6%

In value terms, the United States ($22M) constitutes the largest market for imported argon worldwide.

In the United States, argon imports remained relatively stable over the period from 2019-2021.

Argon - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
million USD
China2215244.8%
United States9.68.41419.1%

In value terms, the largest argon supplying countries worldwide were China ($24M) and the United States ($14M).

The United States saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Argon - Market Forecast

The argon market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -8.1% for the nine-year period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Argon - Product Coverage

  • HS 280421 - Gases, rare; argon

Source: IndexBox Market Intelligence Platform

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World - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global argon market.

Africa - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the argon market in Africa.

Australia and Oceania - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the argon market in Australia and Oceania.

Middle East - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the argon market in the Middle East.

Eastern Asia - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the argon market in Eastern Asia.

Northern America - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the argon market in Northern America.

Central Asia - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the argon market in Central Asia.

Latin America and the Caribbean - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the argon market in Latin America and the Caribbean.

Southern Asia - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the argon market in Southern Asia.

South-Eastern Asia - Argon - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the argon market in South-Eastern Asia.

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