Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina - 2023

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina (FOB) - 2022
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina (CIF) - 2022

In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $3,270 per ton, increasing by 19% against the previous year. Overall, the import price, however, showed a perceptible reduction. Over the period under review, average import prices reached the peak figure at $4,045 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,391 per ton), while the price for Brazil ($2,597 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina (FOB) - 2022

The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,716 per ton in 2022, increasing by 28% against the previous year. Overall, the export price, however, showed a mild curtailment. Over the period under review, the average export prices hit record highs at $4,274 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($5,507 per ton), while the average price for exports to Chile ($2,730 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 (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina

In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Argentina expanded modestly to 12K tons, rising by 4.1% on the previous year. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 14%. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) surged to $41M in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7.78.512.215.626.5%
Mexico6.26.55.26.41.1%
China3.33.93.55.518.6%
United States3.82.82.43.0-7.6%
Germany2.31.72.62.30.0%
Chile3.24.13.12.2-11.7%
Italy0.70.50.41.322.9%
Colombia1.41.50.50.5-29.1%
Others3.32.93.03.84.8%
Total31.832.532.940.68.5%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Argentina in 2022:

  1. Brazil (6.0K tons)
  2. Mexico (2.1K tons)
  3. China (1.5K tons)
  4. United States (0.6K tons)
  5. Chile (0.6K tons)
  6. Germany (0.4K tons)
  7. Italy (0.3K tons)
  8. Colombia (0.1K tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina

In 2022, after two years of decline, there was significant growth in overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume increased by 14% to 4.1K tons. Overall, exports, however, continue to indicate a abrupt downturn.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $15M in 2022. Over the period under review, exports, however, recorded a abrupt decrease.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil13.39.35.58.0-15.6%
Uruguay1.41.31.51.88.7%
Paraguay1.41.51.61.76.7%
Bolivia0.40.50.30.931.0%
MexicoN/AN/AN/A0.90%
Chile2.21.51.50.8-28.6%
Peru0.20.3N/A0.644.2%
Others0.30.30.10.626.0%
Total19.114.710.515.2-7.3%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Argentina in 2022:

  1. Brazil (2272.4 tons)
  2. Uruguay (596.1 tons)
  3. Paraguay (354.0 tons)
  4. Chile (293.1 tons)
  5. Bolivia (186.0 tons)
  6. Peru (171.6 tons)
  7. Mexico (154.8 tons)

Source: IndexBox Market Intelligence Platform

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