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Argentina - Synthetic Rubber (Excluding Latex) - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Market for Synthetic Rubber (Excluding Latex) 2024

Market Size for Synthetic Rubber (Excluding Latex) in Argentina

The Argentinian synthetic rubber (excluding latex) market declined to $X in 2022, reducing by X% against the previous year. In general, consumption continues to indicate a drastic downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Synthetic Rubber (Excluding Latex) in Argentina

In value terms, synthetic rubber (excluding latex) production dropped modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Synthetic Rubber (Excluding Latex)

Exports from Argentina

In 2022, the amount of synthetic rubber (excluding latex) exported from Argentina surged to X tons, picking up by X% against 2021. In general, exports showed mild growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, synthetic rubber (excluding latex) exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for synthetic rubber (excluding latex) exports from Argentina, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil amounted to X%.

In value terms, Brazil ($X) also remains the key foreign market for synthetic rubber (excluding latex) exports from Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil stood at X%.

Export Prices by Country

The average synthetic rubber (excluding latex) export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, saw a noticeable setback. The growth pace was the most rapid in 2021 when the average export price increased by 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 failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Imports of Synthetic Rubber (Excluding Latex)

Imports into Argentina

In 2022, approx. X tons of synthetic rubber (excluding latex) were imported into Argentina; shrinking by X% against the previous year's figure. Overall, imports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, synthetic rubber (excluding latex) imports rose rapidly to $X in 2022. In general, imports recorded a perceptible decline. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Russia (X tons) and Italy (X tons) were the main suppliers of synthetic rubber (excluding latex) imports to Argentina, with a combined X% share of total imports. Brazil, Germany, France, China and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Russia ($X) and Italy ($X) constituted the largest synthetic rubber (excluding latex) suppliers to Argentina, together accounting for X% of total imports. Germany, Brazil, France, China and Poland lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average synthetic rubber (excluding latex) import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, saw a noticeable decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic rubber (excluding latex) in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together comprising 38% of global consumption.

What are the largest producers of synthetic rubber (excluding latex) in the world?

The countries with the highest volumes of production in 2022 were the United States, China and India, with a combined 27% share of global production. Russia, Thailand, Japan, South Korea, Vietnam, Indonesia, Brazil, Latvia, Montenegro and Malta lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of synthetic rubber (excluding latex) to Argentina?

In value terms, the United States, Russia and Italy appeared to be the largest synthetic rubber excluding latex) suppliers to Argentina, with a combined 57% share of total imports. Germany, Brazil, France, China and Poland lagged somewhat behind, together comprising a further 29%.

What are the leading importers of synthetic rubber (excluding latex) from Argentina?

In value terms, Brazil remains the key foreign market for synthetic rubber excluding latex) exports from Argentina.

What is the average export price for synthetic rubber (excluding latex) in Argentina?

In 2022, the average synthetic rubber excluding latex) export price amounted to $2,222 per ton, rising by 25% against the previous year.

What is the average import price for synthetic rubber (excluding latex) in Argentina?

The average synthetic rubber excluding latex) import price stood at $3,166 per ton in 2022, with an increase of 26% against the previous year.

This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20171090 - Synthetic rubber (excluding latex)

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023