Argentina: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in Argentina

In 2022, the Argentinian silicon dioxide market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Silicon Dioxide Exports

Exports from Argentina

Silicon dioxide exports from Argentina skyrocketed to X tons in 2022, with an increase of X% against 2021 figures. Overall, exports, however, continue to indicate a significant curtailment. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, silicon dioxide exports dropped to $X in 2022. In general, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X tons), Brazil (X tons) and Uruguay (X tons) were the main destinations of silicon dioxide exports from Argentina, together comprising X% of total exports. These countries were followed by Paraguay, which accounted for a further X%.

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

In value terms, Brazil ($X), Paraguay ($X) and Uruguay ($X) were the largest markets for silicon dioxide exported from Argentina worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Paraguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average silicon dioxide export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then contracted dramatically in the following year.

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

Silicon Dioxide Imports

Imports into Argentina

Silicon dioxide imports into Argentina amounted to X tons in 2022, remaining relatively unchanged against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, silicon dioxide imports reached $X in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its value 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 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of silicon dioxide to Argentina, with a X% share of total imports. Moreover, silicon dioxide imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Germany (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: China (X% per year) and Germany (X% per year).

In value terms, Brazil ($X), China ($X) and Germany ($X) constituted the largest silicon dioxide suppliers to Argentina, together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average silicon dioxide import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 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 Germany ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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