Price for Carbides, Whether or Not Chemically Defined in Argentina - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Argentina (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in Argentina (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in Argentina
  4. Exports of Carbides, Whether or Not Chemically Defined in Argentina

Price for Carbides, Whether or Not Chemically Defined in Argentina (CIF) - 2022

The average import price for carbides, whether or not chemically defineds stood at $1,744 per ton in 2022, growing by 53% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbides, whether or not chemically defineds increased by +76.7% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($2,507 per ton), while the price for Mexico ($1,373 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Argentina (FOB) - 2022

In 2022, the average export price for carbides, whether or not chemically defineds amounted to $990 per ton, surging by 6.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $1,084 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($2,431 per ton), while the average price for exports to Jamaica ($74 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 Australia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbides, Whether or Not Chemically Defined in Argentina

In 2022, after three years of growth, there was significant decline in purchases abroad of carbides, whether or not chemically defineds, when their volume decreased by -43% to 5.4K tons. Over the period under review, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports attained the peak of 9.5K tons, and then reduced rapidly in the following year.

In value terms, imports of carbides, whether or not chemically defineds contracted to $9.5M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $11M, and then shrank in the following year.

Import of Carbides, Whether or Not Chemically Defined in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.84.87.97.927.6%
China1.21.01.51.0-5.9%
Mexico1.00.91.10.4-26.3%
Slovakia0.60.40.1N/A-59.2%
Others0.70.40.40.2-34.1%
Total7.37.610.99.59.2%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Argentina in 2022:

  1. Brazil (4.8K tons)
  2. China (0.4K tons)
  3. Mexico (0.3K tons)

Exports of Carbides, Whether or Not Chemically Defined in Argentina

Exports of carbides, whether or not chemically defineds from Argentina shrank remarkably to 2.1K tons in 2022, with a decrease of -38.5% on the previous year's figure. Overall, exports recorded a significant decline. The smallest decline of -21.6% was in 2021.

In value terms, exports of carbides, whether or not chemically defineds declined significantly to $2M in 2022. Over the period under review, exports showed a sharp curtailment. The smallest decline of -19.2% was in 2020.

Export of Carbides, Whether or Not Chemically Defined in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa876859758486-17.8%
Brazil10269.125147166.5%
Australia438338235118-35.4%
Cuba300255195108-28.9%
Bangladesh24120916291.7-27.5%
Peru31223916476.8-37.3%
Egypt25720414676.2-33.3%
Dominican Republic19115010654.2-34.3%
Colombia22215698.445.1-41.2%
Costa Rica13611282.544.2-31.2%
Paraguay12195.267.634.9-33.9%
Venezuela16611065.928.6-44.4%
Jamaica24.015.89.34.0-45.0%
Others1,4081,062788402-34.2%
Total4,7943,8733,1282,041-24.8%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Argentina in 2022:

  1. Brazil (504.7 tons)
  2. South Africa (465.1 tons)
  3. Bangladesh (151.1 tons)
  4. Cuba (129.7 tons)
  5. Egypt (116.4 tons)
  6. Venezuela (61.8 tons)
  7. Jamaica (54.2 tons)
  8. Peru (49.2 tons)
  9. Dominican Republic (49.2 tons)
  10. Australia (48.7 tons)
  11. Colombia (42.2 tons)
  12. Costa Rica (38.7 tons)
  13. Paraguay (37.6 tons)

Source: IndexBox Market Intelligence Platform

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