Price for Poly(Lactic Acid); in Primary Forms in Argentina - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Argentina (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Argentina (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Argentina
- Exports of Poly(Lactic Acid); in Primary Forms in Argentina
Price for Poly(Lactic Acid); in Primary Forms in Argentina (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $4,355 per ton in 2022, growing by 31% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poly(lactic acid); in primary forms import price increased by +86.4% against 2017 indices. Over the period under review, average import prices reached the maximum at $4,443 per ton in 2015; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($5,200 per ton), while the price for the United States amounted to $4,229 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+49.2%).
Price for Poly(Lactic Acid); in Primary Forms in Argentina (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $3,344 per ton, dropping by -12.9% against the previous year. Overall, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 75%. As a result, the export price attained the peak level of $4,008 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +4.9% per year.
Imports of Poly(Lactic Acid); in Primary Forms in Argentina
In 2022, overseas purchases of poly(lactic acid); in primary formses decreased by -1.7% to 781 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 285%. As a result, imports attained the peak of 913 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, poly(lactic acid); in primary forms imports skyrocketed to $3.4M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 364%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Poly(Lactic Acid); in Primary Forms in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.5 | 2.7 | 1.6 | 3.0 | 81.7% |
| Brazil | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.1 | 0.1 | 1.0 | 0.1 | 0.0% |
| Total | 0.6 | 2.8 | 2.6 | 3.4 | 78.3% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Argentina in 2022:
- United States (703.2 tons)
- Brazil (60.3 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Argentina
In 2022, approx. 657 kg of poly(lactic acid); in primary formses were exported from Argentina; picking up by 5.6% on the year before. The total export volume increased at an average annual rate of +5.6% over the period from 2021 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms exports fell to $2.2K in 2022. In general, exports, however, continue to indicate a deep reduction.
| Export of Poly(Lactic Acid); in Primary Forms in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | N/A | 2.2 | 0% | ||
| Spain | 2.2 | N/A | 0% | ||
| China | 0.2 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 2.4 | 2.2 | -8.3% | ||
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Argentina in 2022:
- United States (657.0 kg)
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