Argentina: Sulphur Market 2024

Sulphur Market Size in Argentina

The Argentinian sulphur market soared to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, continues to indicate a pronounced setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sulphur Production in Argentina

In value terms, sulphur production shrank dramatically to $X in 2022 estimated in export price. In general, production posted significant growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X, and then declined sharply in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Sulphur Exports

Exports from Argentina

In 2022, exports of sulphur from Argentina contracted to X tons, shrinking by X% compared with 2021 figures. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, sulphur exports dropped to $X in 2022. Over the period under review, exports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X tons) was the main destination for sulphur exports from Argentina, accounting for a X% share of total exports. Moreover, sulphur exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X tons), sixfold. Bolivia (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Uruguay ($X) remains the key foreign market for sulphur exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Bolivia ($X), with an X% share of total exports. It was followed by Paraguay, with a X% share.

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

Export Prices by Country

In 2022, the average sulphur export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Bolivia ($X per ton), while the average price for exports to Paraguay ($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 Bolivia (X%), while the prices for the other major destinations experienced a decline.

Sulphur Imports

Imports into Argentina

Sulphur imports into Argentina expanded significantly to X tons in 2022, picking up by X% against the previous year's figure. In general, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sulphur imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible downturn. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of sulphur to Argentina, accounting for a X% share of total imports. Moreover, sulphur imports from the United States exceeded the figures recorded by the second-largest supplier, Qatar (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of sulphur to Argentina, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the average sulphur import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached 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 Saudi Arabia ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :