Argentina: Sulphur Market 2022

Sulphur Market Size in Argentina

In 2020, the Argentinian sulphur market decreased by -X% to $X, falling for the fourth consecutive year after four years of growth. In general, consumption saw a precipitous decrease. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Sulphur consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Sulphur Exports

Exports from Argentina

In 2020, overseas shipments of sulphur (sublimed or precipitated) and colloidal sulphur increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, sulphur exports skyrocketed to $X in 2020. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Paraguay (X tonnes) was the main destination for sulphur exports from Argentina, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Paraguay totaled +X%.

In value terms, Paraguay ($X) also remains the key foreign market for sulphur exports from Argentina.

From 2007 to 2020, the average annual rate of growth in terms of value to Paraguay totaled +X%.

Export Prices by Country

In 2020, the average sulphur export price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2007 to 2020, the rate of growth in terms of prices for Paraguay amounted to +X% per year.

Sulphur Imports

Imports into Argentina

For the third consecutive year, Argentina recorded decline in overseas purchases of sulphur (sublimed or precipitated) and colloidal sulphur, which decreased by -X% to X tonnes in 2020. In general, imports saw a sharp decrease. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, sulphur imports fell significantly to $X in 2020. Over the period under review, imports faced a sharp decline. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) was the main sulphur supplier to Argentina, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%.

In value terms, China ($X) constituted the largest supplier of sulphur to Argentina.

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled +X%.

Import Prices by Country

In 2020, the average sulphur import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price enjoyed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to -X% per year.

Source: IndexBox Platform