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
Rating | Country |
---|---|
1 | United 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
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per cubic meter | ||||
United States | 3.6 | 4.1 | 4.62081200921E-7 | -100.0% |
China | 0.4 | 0.4 | 1.04827730058E-5 | -99.5% |
Average | 0.6 | 0.6 | 8.4453793404786E-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
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per cubic meter | ||||
United States | 0.6 | 0.5 | 7.01624372332E-7 | -99.9% |
Average | 0.6 | 0.6 | 8.4457459647061E-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
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
million USD | ||||
United States | 22 | 20 | 22 | 0.6% |
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
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
million USD | ||||
China | 22 | 15 | 24 | 4.8% |
United States | 9.6 | 8.4 | 14 | 19.1% |
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
This report provides an in-depth analysis of the global argon market.
This report provides an in-depth analysis of the argon market in Africa.
This report provides an in-depth analysis of the argon market in Australia and Oceania.
This report provides an in-depth analysis of the argon market in the Middle East.
This report provides an in-depth analysis of the argon market in Eastern Asia.
This report provides an in-depth analysis of the argon market in Northern America.
This report provides an in-depth analysis of the argon market in Central Asia.
This report provides an in-depth analysis of the argon market in Latin America and the Caribbean.
This report provides an in-depth analysis of the argon market in Southern Asia.
This report provides an in-depth analysis of the argon market in South-Eastern Asia.
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