Argentina: Market for Acyclic Ketones Without Other Oxygen Function (Excluding Acetone, Butanone (Methyl Ethyl Ketone), 4-Methylpentan-2- One (Methyl Isobutyl Ketone)) 2024

Market Size for Acyclic Ketones Without Other Oxygen Function (Excluding Acetone, Butanone (Methyl Ethyl Ketone), 4-Methylpentan-2- One (Methyl Isobutyl Ketone)) in Argentina

In 2022, the Argentinian market for acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) increased by X% to $X, rising for the sixth year in a row after three years of decline. Overall, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Exports of Acyclic Ketones Without Other Oxygen Function (Excluding Acetone, Butanone (Methyl Ethyl Ketone), 4-Methylpentan-2- One (Methyl Isobutyl Ketone))

Exports from Argentina

Exports of acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) from Argentina shrank dramatically to X kg in 2022, dropping by X% compared with the year before. Over the period under review, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) surged to $X in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Brazil (X kg) was the main destination for exports of acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) from Argentina, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Brazil totaled X%.

In value terms, Brazil ($X) emerged as the key foreign market for acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) exports from Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil amounted to X%.

Export Prices by Country

The average export price for acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price enjoyed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Imports of Acyclic Ketones Without Other Oxygen Function (Excluding Acetone, Butanone (Methyl Ethyl Ketone), 4-Methylpentan-2- One (Methyl Isobutyl Ketone))

Imports into Argentina

In 2022, the amount of acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) imported into Argentina surged to X tons, jumping by X% compared with the previous year. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) soared to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), China (X tons) and Brazil (X tons) were the main suppliers of imports of acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) to Argentina, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acyclic ketones without other oxygen function suppliers to Argentina were the United States ($X), China ($X) and Brazil ($X), together accounting for X% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for acyclic ketones without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), X-methylpentan-2- one (methyl isobutyl ketone)) amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform