Argentina: Graphite Non-Electrical Articles Market 2023

Graphite Non-Electrical Articles Market Size in Argentina

The Argentinian graphite non-electrical articles market skyrocketed to $X in 2022, jumping by 61% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Graphite Non-Electrical Articles Exports

Exports from Argentina

Graphite non-electrical articles exports from Argentina contracted notably to X kg in 2022, with a decrease of -22.7% compared with 2021 figures. Overall, exports recorded a significant decrease. The pace of growth was the most pronounced in 2019 when exports increased by 122% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, graphite non-electrical articles exports soared to $X in 2022. In general, exports recorded a sharp setback. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for graphite non-electrical articles exports from Argentina, accounting for a 55% share of total exports. Moreover, graphite non-electrical articles exports to the United States exceeded the volume sent to the second major destination, Brazil (X kg), twofold. Bolivia (X kg) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-16.2% per year) and Bolivia (-7.2% per year).

In value terms, Uruguay ($X), Bolivia ($X) and the United States ($X) constituted the largest markets for graphite non-electrical articles exported from Argentina worldwide, with a combined 82% share of total exports. Chile and Brazil lagged somewhat behind, together comprising a further 18%.

Among the main countries of destination, Chile, with a CAGR of +16.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average graphite non-electrical articles export price stood at $X per ton in 2022, increasing by 603% against the previous year. In general, the export price posted a measured expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Brazil ($X 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 Uruguay (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports into Argentina

In 2022, imports of non-electrical articles of graphite or other carbon into Argentina skyrocketed to X tons, rising by 99% against 2021 figures. In general, imports showed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, graphite non-electrical articles imports surged to $X in 2022. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), China (X tons) and Paraguay (X tons) were the main suppliers of graphite non-electrical articles imports to Argentina, together accounting for 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +64.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of non-electrical articles of graphite or other carbon to Argentina, comprising 41% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +61.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.2% per year) and the United States (-3.3% per year).

Import Prices by Country

In 2022, the average graphite non-electrical articles import price amounted to $X per ton, falling by -25.8% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 30%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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