Carbonates; Potassium Carbonate Price in Argentina - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Argentina (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Argentina (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Argentina
- Carbonates; Potassium Carbonate Exports in Argentina
Carbonates; Potassium Carbonate Price in Argentina (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $1,760 per ton in 2022, surging by 80% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; potassium carbonate import price increased by +101.0% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,527 per ton), while the price for the United States ($792 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Argentina (FOB) - 2022
In 2022, the average carbonates; potassium carbonate export price amounted to $4,533 per ton, rising by 2.8% against the previous year. Overall, the export price showed a tangible expansion. The most prominent rate of growth was recorded in 2017 an increase of 75%. The export price peaked at $8,359 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($7,296 per ton), while the average price for exports to Chile ($3,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Carbonates; Potassium Carbonate Imports in Argentina
In 2022, approx. 963 tons of carbonates; potassium carbonates were imported into Argentina; falling by -52.7% against the year before. Overall, imports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.
In value terms, carbonates; potassium carbonate imports declined to $1.7M in 2022. In general, imports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 when imports increased by 25%. As a result, imports reached the peak of $2M, and then shrank in the following year.
| Import of Carbonates; Potassium Carbonate in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,294 | 625 | 749 | 644 | -20.8% |
| South Korea | 383 | 523 | 665 | 495 | 8.9% |
| China | 93.9 | 185 | 322 | 240 | 36.7% |
| United States | 51.0 | 144 | 61.4 | 61.5 | 6.4% |
| Estonia | N/A | N/A | N/A | 22.2 | 0% |
| Others | 140 | 111 | 189 | 232 | 18.3% |
| Total | 1,963 | 1,589 | 1,988 | 1,695 | -4.8% |
Top Suppliers of Carbonates; Potassium Carbonate to Argentina in 2022:
- Russia (448.7 tons)
- South Korea (288.8 tons)
- United States (77.7 tons)
- China (68.1 tons)
- Estonia (23.5 tons)
Carbonates; Potassium Carbonate Exports in Argentina
In 2022, overseas shipments of carbonates; potassium carbonates decreased by -46.9% to 2.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,489% against the previous year. As a result, the exports attained the peak of 4.8 tons, and then fell significantly in the following year.
In value terms, carbonates; potassium carbonate exports fell remarkably to $12K in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 983% against the previous year. As a result, the exports reached the peak of $21K, and then contracted remarkably in the following year.
| Export of Carbonates; Potassium Carbonate in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 1.1 | 1.8 | 16.3 | 9.2 | 103.0% |
| Chile | 0.1 | 0.1 | 3.2 | 1.6 | 152.0% |
| Uruguay | N/A | 0.1 | 1.6 | 0.8 | 182.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 1.9 | 21.1 | 11.5 | 112.4% |
Top Export Markets for Carbonates; Potassium Carbonate from Argentina in 2022:
- Paraguay (1950.0 kg)
- Chile (486.0 kg)
- Uruguay (104.0 kg)
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