Argentina: Non-Rolled Bitumen Products Market 2024

Non-Rolled Bitumen Products Market Size in Argentina

The Argentinian non-rolled bitumen products market contracted modestly to $X in 2022, which is down by X% against the previous year. In general, consumption continues to indicate a noticeable setback. Non-rolled bitumen products consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Rolled Bitumen Products Production in Argentina

In value terms, non-rolled bitumen products production dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Non-rolled bitumen products production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Non-Rolled Bitumen Products Exports

Exports from Argentina

In 2022, overseas shipments of non-rolled bitumen products increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, non-rolled bitumen products exports soared to $X in 2022. Overall, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Paraguay (X tons), Bolivia (X tons) and Uruguay (X tons) were the main destinations of non-rolled bitumen products exports from Argentina, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Paraguay ($X) remains the key foreign market for non-rolled bitumen products exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Bolivia ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average non-rolled bitumen products export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Bolivia ($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 Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Rolled Bitumen Products Imports

Imports into Argentina

In 2022, overseas purchases of non-rolled bitumen products increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, non-rolled bitumen products imports surged to $X in 2022. In general, imports, however, showed a abrupt shrinkage. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) constituted the largest non-rolled bitumen products supplier to Argentina, with a X% share of total imports. Moreover, non-rolled bitumen products imports from Canada exceeded the figures recorded by the second-largest supplier, Brazil (X tons), tenfold. Turkey (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 Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Turkey (X% per year).

In value terms, the largest non-rolled bitumen products suppliers to Argentina were Canada ($X), Turkey ($X) and Brazil ($X), together accounting for X% of total imports.

Among the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average non-rolled bitumen products import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price 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, non-rolled bitumen products import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Turkey ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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