Argentina: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2023

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Argentina

In 2021, after two years of growth, there was significant decline in the Argentinian chlorates, bromates and iodates market, when its value decreased by -5.3% to $X. In general, consumption saw a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from Argentina

In 2021, the amount of chlorates and perchlorates, bromates and perbromates, iodates and periodates exported from Argentina declined to X kg, which is down by -8.2% against 2020. Overall, exports, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2015 when exports increased by 1,648%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, chlorates, bromates and iodates exports rose remarkably to $X in 2021. In general, exports, however, saw a temperate increase. The growth pace was the most rapid in 2015 with an increase of 1,074% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Paraguay (X kg) was the main destination for chlorates, bromates and iodates exports from Argentina, with a 84% share of total exports. Moreover, chlorates, bromates and iodates exports to Paraguay exceeded the volume sent to the second major destination, Brazil (X kg), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Paraguay totaled +6.8%.

In value terms, Brazil ($X) and Paraguay ($X) appeared to be the largest markets for chlorates, bromates and iodates exported from Argentina worldwide.

Among the main countries of destination, Brazil, with a CAGR of +17.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average chlorates, bromates and iodates export price stood at $X per ton in 2021, picking up by 17% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 44% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Paraguay amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+13.5%).

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into Argentina

In 2021, purchases abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates decreased by -0.9% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 281% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, chlorates, bromates and iodates imports declined to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 33%. Imports peaked at $X in 2020, and then dropped in the following year.

Imports by Country

Brazil (X tons), Uruguay (X tons) and China (X tons) were the main suppliers of chlorates, bromates and iodates imports to Argentina, together comprising 50% of total imports. These countries were followed by Chile, Canada, Free Zones and the United States, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +3.0%), while imports for the other leaders experienced a decline.

In value terms, Brazil ($X), Uruguay ($X) and Canada ($X) constituted the largest chlorates, bromates and iodates suppliers to Argentina, with a combined 83% share of total imports.

Brazil, with a CAGR of +14.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average chlorates, bromates and iodates import price amounted to $X per ton, falling by -11.9% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2015 an increase of 231%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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