Price for Iron Oxides and Hydroxides in Argentina - 2023
Contents:
- Price for Iron Oxides and Hydroxides in Argentina (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Argentina (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Argentina
- Exports of Iron Oxides and Hydroxides in Argentina
Price for Iron Oxides and Hydroxides in Argentina (CIF) - 2022
The average iron oxides and hydroxides import price stood at $2,211 per ton in 2022, picking up by 30% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 32% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,383 per ton), while the price for South Africa ($530 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in Argentina (FOB) - 2022
In 2022, the average iron oxides and hydroxides export price amounted to $7,894 per ton, rising by 16% against the previous year. In general, the export price showed significant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 251%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($35,391 per ton), while the average price for exports to China ($531 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 Brazil (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Argentina
In 2022, the amount of iron oxides and hydroxideses imported into Argentina shrank to 2.6K tons, waning by -9.4% on the year before. Over the period under review, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.9% 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 +76.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, imports reached the peak of 2.8K tons, and then contracted in the following year.
In value terms, iron oxides and hydroxides imports surged to $5.7M in 2022. Overall, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 75% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
Import of Iron Oxides and Hydroxides in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,244 | 801 | 1,749 | 2,163 | 20.2% |
Germany | 738 | 659 | 1,059 | 1,310 | 21.1% |
Brazil | 647 | 481 | 815 | 1,129 | 20.4% |
Colombia | 277 | 377 | 354 | 438 | 16.5% |
United States | 267 | 198 | 313 | 97.2 | -28.6% |
South Africa | 39.0 | 6.5 | 39.6 | 53.6 | 11.2% |
Others | 245 | 226 | 467 | 467 | 24.0% |
Total | 3,457 | 2,747 | 4,796 | 5,657 | 17.8% |
Top Suppliers of Iron Oxides and Hydroxides to Argentina in 2022:
- Brazil (887.7 tons)
- China (846.0 tons)
- Germany (387.1 tons)
- Colombia (197.1 tons)
- South Africa (101.2 tons)
- United States (12.2 tons)
Exports of Iron Oxides and Hydroxides in Argentina
In 2022, approx. 6 tons of iron oxides and hydroxideses were exported from Argentina; which is down by -41.8% against the previous year. Overall, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2021 when exports increased by 102% against the previous year. As a result, the exports reached the peak of 10 tons, and then reduced rapidly in the following year.
In value terms, iron oxides and hydroxides exports reduced remarkably to $47K in 2022. In general, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 184% against the previous year. As a result, the exports attained the peak of $70K, and then declined markedly in the following year.
Export of Iron Oxides and Hydroxides in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 3.3 | 1.8 | 32.1 | 21.0 | 85.3% |
Chile | 5.4 | 3.8 | 7.8 | 11.6 | 29.0% |
Paraguay | 8.6 | 6.7 | 17.3 | 9.5 | 3.4% |
Guatemala | 1.2 | 1.4 | 2.3 | 1.9 | 16.6% |
Bolivia | 1.7 | 1.6 | 1.8 | 1.2 | -11.0% |
China | 1.4 | 1.3 | 1.6 | 1.0 | -10.6% |
Germany | 0.7 | 0.7 | 1.1 | 0.8 | 4.6% |
Uruguay | 7.9 | 7.2 | 5.0 | 0.3 | -66.4% |
Others | 0.2 | 0.2 | 1.3 | 0.1 | -20.6% |
Total | 30.4 | 24.7 | 70.3 | 47.5 | 16.0% |
Top Export Markets for Iron Oxides and Hydroxides from Argentina in 2022:
- China (1891.0 kg)
- Chile (1380.0 kg)
- Paraguay (1124.0 kg)
- Brazil (594.0 kg)
- Bolivia (385.0 kg)
- Germany (348.0 kg)
- Guatemala (230.0 kg)
- Uruguay (45.0 kg)
This report provides an in-depth analysis of the iron oxide pigment market in Argentina.
This report provides an in-depth analysis of the global iron oxide pigment market.
This report provides an in-depth analysis of the iron oxide pigment market in Argentina.
This report provides an in-depth analysis of the global iron oxide pigment market.
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