Alkali Metals; Sodium Price in Argentina - 2023

Contents:

  1. Alkali Metals; Sodium Price in Argentina (CIF) - 2022
  2. Alkali Metals; Sodium Price in Argentina (FOB) - 2022
  3. Alkali Metals; Sodium Imports in Argentina
  4. Alkali Metals; Sodium Exports in Argentina

Alkali Metals; Sodium Price in Argentina (CIF) - 2022

In 2022, the average alkali metals; sodium import price amounted to $46,709 per ton, increasing by 101% against the previous year. Over the period under review, the import price recorded a buoyant expansion. 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 France ($47,431 per ton), while the price for the UK ($15,236 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Alkali Metals; Sodium Price in Argentina (FOB) - 2022

The average alkali metals; sodium export price stood at $24,203 per ton in 2022, shrinking by -2.5% against the previous year. Overall, the export price, however, posted significant growth. The growth pace was the most rapid in 2014 when the average export price increased by 95% against the previous year. The export price peaked at $27,308 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +27.8% per year.

Alkali Metals; Sodium Imports in Argentina

In 2022, overseas purchases of alkali metals; sodia decreased by -67.9% to 855 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 57%.

In value terms, alkali metals; sodium imports contracted notably to $40K in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of $62K, and then contracted significantly in the following year.

Import of Alkali Metals; Sodium in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France7.313.639.439.675.7%
United KingdomN/AN/A0.10.2100.0%
United States7.34.30.10.1-76.1%
China3.44.67.3N/A46.5%
Singapore10.410.012.9N/A11.4%
Others11.06.52.2N/A-55.3%
Total39.439.062.039.90.4%

Top Suppliers of Alkali Metals; Sodium to Argentina in 2022:

  1. France (835.0 kg)
  2. United Kingdom (13.0 kg)
  3. United States (7.0 kg)

Alkali Metals; Sodium Exports in Argentina

In 2022, after three years of growth, there was significant decline in overseas shipments of alkali metals; sodia, when their volume decreased by -8.5% to 237 kg. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 352% against the previous year.

In value terms, alkali metals; sodium exports reduced to $5.7K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 468%.

Export of Alkali Metals; Sodium in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia0.92.16.45.785.0%
ChileN/A2.0N/AN/A0%
BoliviaN/A0.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.95.06.45.785.0%

Top Export Markets for Alkali Metals; Sodium from Argentina in 2022:

  1. Colombia (237.0 kg)

Source: IndexBox Market Intelligence Platform

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