Argentina - Acetone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetone Price in Argentina - 2023
Contents:
- Acetone Price in Argentina (CIF) - 2022
- Acetone Price in Argentina (FOB) - 2022
- Acetone Imports in Argentina
- Acetone Exports in Argentina
Acetone Price in Argentina (CIF) - 2022
In 2021, the average acetone import price amounted to $1,405 per ton, surging by 60% against the previous year. In general, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, acetone import price increased by +93.1% against 2019 indices. Over the period under review, average import prices reached the maximum at $1,551 per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,684 per ton), while the price for Chile ($934 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetone Price in Argentina (FOB) - 2022
The average acetone export price stood at $3,252 per ton in 2021, which is down by -2% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 73%. As a result, the export price reached the peak level of $3,672 per ton. From 2017 to 2021, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($26,028 per ton), while the average price for exports to Uruguay ($800 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.
Acetone Imports in Argentina
Acetone imports into Argentina reduced to 3.9K tons in 2022, shrinking by -12.5% on 2021. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of 4.5K tons, and then contracted in the following year.
In value terms, acetone imports shrank markedly to $4.6M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 114%. As a result, imports reached the peak of $6.3M, and then reduced rapidly in the following year.
| Import of Acetone in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Brazil | 941 | 1,182 | 2,801 | 72.5% | |
| South Korea | 319 | 285 | 1,002 | 77.2% | |
| China | 151 | 252 | 879 | 141.3% | |
| Russia | 459 | 424 | 456 | -0.3% | |
| Belgium | 198 | 22.6 | 412 | 44.3% | |
| Chile | 20.1 | 130 | 145 | 168.6% | |
| South Africa | 98.7 | 103 | 119 | 9.8% | |
| United States | 202 | 185 | 33.1 | -59.5% | |
| Others | 248 | 348 | 415 | 29.4% | |
| Total | 2,637 | 2,931 | 6,264 | 54.1% | |
Top Suppliers of Acetone to Argentina in 2022:
- Brazil (2048.6 tons)
- South Korea (664.5 tons)
- China (522.3 tons)
- Belgium (328.6 tons)
- Russia (313.6 tons)
- Chile (155.6 tons)
- South Africa (102.1 tons)
- United States (23.6 tons)
Acetone Exports in Argentina
In 2022, shipments abroad of acetone increased by 1.7% to 2.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a slight downturn.
In value terms, acetone exports expanded to $6.9K in 2022. In general, exports, however, saw a noticeable decline.
| Export of Acetone in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Chile | 4.6 | 4.2 | 3.9 | -7.9% | |
| Colombia | 1.9 | 2.0 | 2.0 | 2.6% | |
| Uruguay | 0.8 | 0.6 | 0.5 | -20.9% | |
| Others | 0.2 | 0.2 | 0.2 | 0.0% | |
| Total | 7.4 | 7.0 | 6.7 | -4.8% | |
Top Export Markets for Acetone from Argentina in 2022:
- Chile (696.0 kg)
- Uruguay (681.0 kg)
- Colombia (660.0 kg)
This report provides an in-depth analysis of the acetone market 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 20146211 - Acetone
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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