Price for Mineral Substances Not Elsewhere Specified or Included in Argentina - 2023

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Argentina (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Argentina (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Argentina
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Argentina

Price for Mineral Substances Not Elsewhere Specified or Included in Argentina (CIF) - 2022

In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $1,221 per ton, shrinking by -5% against the previous year. Overall, the import price recorded a mild slump. The pace of growth appeared the most rapid in 2021 an increase of 38% against the previous year. The import price peaked at $1,388 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 the Netherlands ($3,362 per ton), while the price for Italy ($439 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mineral Substances Not Elsewhere Specified or Included in Argentina (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $88 per ton in 2022, falling by -6.3% against the previous year. Overall, the export price saw a noticeable contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 53%. Over the period under review, the average export prices reached the peak figure at $197 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($101 per ton), while the average price for exports to Chile totaled $43 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-2.9%).

Imports of Mineral Substances Not Elsewhere Specified or Included in Argentina

In 2022, after three years of growth, there was decline in overseas purchases of mineral substances not elsewhere specified or includeds, when their volume decreased by -4.2% to 6.9K tons. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 71% against the previous year.

In value terms, imports of mineral substances not elsewhere specified or includeds declined to $8.4M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $9.2M, and then fell in the following year.

Import of Mineral Substances Not Elsewhere Specified or Included in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2,1001,8483,0951,862-3.9%
Brazil1,2402,6583,4511,77512.7%
Germany4768709961,64851.3%
Italy3402333401,03845.1%
Netherlands20412118461044.1%
South Africa28114812152222.9%
IndonesiaN/AN/A226454100.9%
Chile51710918168.5-49.0%
Others3764336444304.6%
Total5,5346,4209,2398,40715.0%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Argentina in 2022:

  1. Italy (2363.5 tons)
  2. Brazil (2153.5 tons)
  3. Spain (909.6 tons)
  4. Germany (509.0 tons)
  5. South Africa (228.1 tons)
  6. Netherlands (181.4 tons)
  7. Indonesia (156.0 tons)
  8. Chile (41.6 tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Argentina

In 2022, the amount of mineral substances not elsewhere specified or includeds exported from Argentina soared to 24K tons, picking up by 231% against the previous year. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of mineral substances not elsewhere specified or includeds soared to $2.1M in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Mineral Substances Not Elsewhere Specified or Included in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil40134363999435.3%
ChileN/A25748.460953.9%
OthersN/AN/AN/A5340%
Total4016016882,13674.6%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Argentina in 2022:

  1. Chile (14.3K tons)
  2. Brazil (9.8K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Mineral substances not elsewhere specified or included - Argentina