Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Argentina - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Argentina (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Argentina (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Argentina
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Argentina

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Argentina (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $123,530 per ton, with an increase of 33% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 106% against the previous year. The import price peaked at $190,488 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Switzerland ($670,528 per ton), while the price for China ($79,669 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Argentina (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $427,116 per ton, rising by 4,633% against the previous year. Over the period under review, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($638,500 per ton), while the average price for exports to Costa Rica ($10,000 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 Australia (+56.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Argentina

In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses imported into Argentina fell to 18 tons, with a decrease of -14% on the year before. In general, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 130%. As a result, imports reached the peak of 21 tons, and then reduced in the following year.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses expanded markedly to $2.2M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 55%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Argentina in 2022:

1. China (7.7 tons)
2. Germany (6.6 tons)
3. Philippines (1.3 tons)
4. Poland (1.1 tons)
5. Switzerland (0.8 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Argentina

In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses exported from Argentina dropped dramatically to 40 kg, declining by -40.3% on the previous year's figure. Overall, exports recorded a sharp setback. The growth pace was the most rapid in 2021 with an increase of 272%.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $13K in 2022. Over the period under review, exports continue to indicate a deep slump.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Argentina in 2022:

1. Germany (28.0 kg)
2. Bolivia (8.0 kg)
3. Costa Rica (2.0 kg)
4. France (2.0 kg)

Source: IndexBox Market Intelligence Platform