Argentina: Prepared Binders Market 2024

Prepared Binders Market Size in Argentina

The Argentinian prepared binders market reduced slightly to $X in 2022, flattening at the previous year. In general, consumption enjoyed prominent growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Prepared Binders Production in Argentina

In value terms, prepared binders production dropped modestly to $X in 2022 estimated in export price. In general, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Prepared binders production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Prepared Binders Exports

Exports from Argentina

In 2022, approx. X tons of prepared binders for foundry moulds or cores were exported from Argentina; approximately mirroring the previous year. Over the period under review, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, prepared binders exports stood at $X in 2022. Overall, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X kg), Egypt (X kg) and Panama (X kg) were the main destinations of prepared binders exports from Argentina, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of X%), while the other leaders experienced a decline.

It was followed by Paraguay, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Paraguay (X% per year).

Export Prices by Country

In 2022, the average prepared binders export price amounted to $X per ton, remaining stable against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Chile ($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 Paraguay (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Binders Imports

Imports into Argentina

In 2022, purchases abroad of prepared binders for foundry moulds or cores increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, prepared binders imports skyrocketed to $X in 2022. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Brazil (X tons) constituted the largest prepared binders supplier to Argentina, with a X% share of total imports. Moreover, prepared binders imports from Brazil exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fourfold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and China (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of prepared binders for foundry moulds or cores to Argentina, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average prepared binders import price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained 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 the United States ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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