Brazil - Argon - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Brazil - Argon - Market Analysis, Forecast, Size, Trends And Insights

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Argon Price in Brazil - 2023

Contents:

  1. Argon Price in Brazil (FOB) - 2023
  2. Argon Price in Brazil (CIF) - 2022
  3. Argon Exports in Brazil
  4. Argon Imports in Brazil

Argon Price in Brazil (FOB) - 2023

In July 2023, the average argon export price amounted to $708 per thousand cubic meters, picking up by 21% against the previous month. In general, the export price, however, recorded a pronounced slump. The export price peaked at $1.1 per cubic meter in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In July 2023, the country with the highest price was Argentina ($712 per thousand cubic meters), while the average price for exports to Paraguay totaled $661 per thousand cubic meters.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Argon Price in Brazil (CIF) - 2022

In 2022, the average argon import price amounted to $4.6 per cubic meter, flattening at the previous year. Overall, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 331%. As a result, import price attained the peak level of $4.6 per cubic meter, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($37 per cubic meter), while the price for Singapore ($2.5 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Argon Exports in Brazil

Argon exports from Brazil soared to 2M cubic meters in 2022, with an increase of 213% on the previous year. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 231%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, argon exports soared to $1.7M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Argon in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina40.1N/A77.6965188.7%
Chile12592.314029232.7%
Paraguay70.070.912420944.0%
Uruguay68.0N/A99.017837.8%
Bolivia25.16.610.114.8-16.1%
Others29.411.04.51.9-59.9%
Total3581814551,66166.8%

Top Export Markets for Argon from Brazil in 2022:

  1. Argentina (1336.6K cubic meters)
  2. Chile (245.5K cubic meters)
  3. Paraguay (182.2K cubic meters)
  4. Uruguay (155.3K cubic meters)
  5. Bolivia (66.3K cubic meters)

Argon Imports in Brazil

In 2022, overseas purchases of argon were finally on the rise to reach 36K cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a dramatic downturn. Imports peaked at 167K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, argon imports soared to $167K in 2022. Overall, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Argon in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A59.60%
Austria7.618.517.055.794.2%
BelgiumN/AN/A0.127.127000.0%
United States9.116.137.616.622.2%
ItalyN/AN/A1.57.1373.3%
China33.60.91.41.0-69.0%
Uruguay71.619.7N/AN/A-72.5%
Others5.72.819.8N/A86.4%
Total12857.977.31679.3%

Top Suppliers of Argon to Brazil in 2022:

  1. Singapore (23.9K cubic meters)
  2. United States (5.4K cubic meters)
  3. Belgium (4.4K cubic meters)
  4. Austria (1.5K cubic meters)
  5. Italy (0.9K cubic meters)
  6. China (0.4K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the argon market in Brazil. 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 20111120 - Argon

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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