Argentina's Bentonite Market Sees Price Shifts and Export Growth in 2024
Bentonite prices and trade in Argentina have seen significant shifts in 2024. The average import price rose to $X per ton, while exports dipped to $X per ton. Meanwhile, consumption and production have fluctuated, with exports reaching a four-year high in the world market.
The average bentonite import price in Argentina soared to $X per ton in 2024, marking a X% increase from the previous year. Conversely, export prices dropped to $X per ton, a X% decrease over the same period. This price disparity reflects the global demand and supply dynamics for this versatile mineral in the stock market today.
Bentonite consumption in Argentina peaked at $X in 2014 but has since decreased. Despite this decline, exports have been on the rise. In 2024, Argentina exported X tons of bentonite, a X% increase from the previous year and the fourth consecutive year of growth. Brazil remains the primary destination for Argentinian bentonite exports, accounting for a X% share in the world market.
The United States emerged as the top supplier to Argentina in 2024, with an import price of $X per ton. However, public records did not identify the main supplier in 2022. Meanwhile, China continues to dominate Argentinian imports, supplying a X% share of the total in the stock market today.
Bentonite production in Argentina stood at $X in 2024, a decline from its peak in 2014. This production decrease, coupled with a X% drop in imports to X tons, contributed to the Argentinian bentonite market shrinking to $X in 2024, a X% decrease from the previous year in the world market.
In 2024, Argentina's bentonite market experienced a mix of increases and decreases. While export prices and volumes grew, import prices surged, and consumption and production declined. The market's future trajectory will depend on global demand, pricing, and Argentina's ability to maintain its competitive edge in the international stock market today.
