Argentina - Synthetic Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Rubber Price in Argentina - 2023
Contents:
- Synthetic Rubber Price in Argentina (CIF) - 2022
- Synthetic Rubber Price in Argentina (FOB) - 2023
- Synthetic Rubber Imports in Argentina
- Synthetic Rubber Exports in Argentina
Synthetic Rubber Price in Argentina (CIF) - 2022
In 2022, the average synthetic rubber import price amounted to $3,032 per ton, increasing by 25% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25%. The import price peaked at $3,705 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($3,818 per ton), while the price for Poland ($2,091 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Synthetic Rubber Price in Argentina (FOB) - 2023
In June 2023, the average synthetic rubber export price amounted to $1,576 per ton, approximately reflecting the previous month. Over the period under review, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 7.2% against the previous month. The export price peaked at $2,570 per ton in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From June 2022 to June 2023, the rate of growth in terms of prices for Brazil amounted to -3.1% per month.
Synthetic Rubber Imports in Argentina
In 2022, the amount of synthetic rubber imported into Argentina shrank to 36K tons, declining by -9.4% on the previous year's figure. Overall, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% 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 +40.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of 40K tons, and then shrank in the following year.
In value terms, synthetic rubber imports expanded rapidly to $109M in 2022. In general, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
Import of Synthetic Rubber in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 22.7 | 14.8 | 33.4 | 33.5 | 13.9% |
Russia | 9.4 | 9.0 | 9.6 | 16.9 | 21.6% |
Brazil | 11.1 | 5.0 | 11.8 | 11.2 | 0.3% |
Italy | 5.6 | 4.7 | 9.7 | 9.2 | 18.0% |
Germany | 7.2 | 3.4 | 6.4 | 8.2 | 4.4% |
France | 4.2 | 3.0 | 4.0 | 6.1 | 13.2% |
China | 2.0 | 2.0 | 2.8 | 5.9 | 43.4% |
Canada | 1.0 | 1.3 | 3.9 | 3.1 | 45.8% |
Singapore | 1.2 | 1.0 | 1.4 | 2.8 | 32.6% |
Poland | 0.2 | 0.1 | 1.1 | 2.2 | 122.4% |
South Korea | 0.3 | 0.5 | 0.4 | 2.0 | 88.2% |
Taiwan (Chinese) | 0.4 | 0.3 | 0.6 | 1.7 | 62.0% |
Belgium | 6.4 | 3.2 | 2.6 | 0.6 | -54.6% |
Others | 2.2 | 2.8 | 8.9 | 5.6 | 36.5% |
Total | 74.0 | 51.1 | 96.4 | 109 | 13.8% |
Top Suppliers of Synthetic Rubber to Argentina in 2022:
- United States (8.9K tons)
- Russia (6.6K tons)
- Brazil (4.9K tons)
- Italy (3.5K tons)
- Germany (2.2K tons)
- France (1.6K tons)
- China (1.5K tons)
- Canada (1.0K tons)
- Poland (1.0K tons)
- Singapore (0.9K tons)
- South Korea (0.7K tons)
- Taiwan (Chinese) (0.5K tons)
- Belgium (0.3K tons)
Synthetic Rubber Exports in Argentina
In 2022, the amount of synthetic rubber exported from Argentina soared to 30K tons, with an increase of 81% against 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 113,110%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, synthetic rubber exports skyrocketed to $68M in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 17,292% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Synthetic Rubber in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 0.2 | 30.7 | 29.8 | 67.5 | 596.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.2 | 30.7 | 29.8 | 67.5 | 596.2% |
Top Export Markets for Synthetic Rubber from Argentina in 2022:
- Brazil (30.4K tons)
This report provides an in-depth analysis of the synthetic rubber market in Argentina. 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 20171050 - Synthetic latex rubber
- Prodcom 20171090 - Synthetic rubber (excluding latex)
Country coverage:
- Argentina
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Argentina
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the synthetic rubber market in Argentina.
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form in Argentina.
This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Argentina.
This report provides an in-depth analysis of the synthetic latex rubber market in Argentina.
This report provides an in-depth analysis of the global synthetic rubber market.
This report provides an in-depth analysis of the global market for isoprene rubber (ir) in primary form.
This report provides an in-depth analysis of the global market for synthetic rubber (excluding latex).
This report provides an in-depth analysis of the global synthetic latex rubber market.
This report provides an in-depth analysis of the synthetic rubber market in Argentina.
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form in Argentina.
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.