Ether Market Overview in Argentina
In value terms, ether production stood at $428M in 2010 estimated in export prices. The total output value increased at an average annual rate of +7.4% from 2007 to 2010; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when production volume increased by 35% year-to-year. In that year, ether production attained its peak level of $467M. From 2009 to 2010, ether production growth remained at a lower figure.
The revenue of the ether market in Argentina amounted to $595M in 2010, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, ether consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by 20% against the previous year. In that year, the ether market reached its peak level of $693M. From 2009 to 2010, the growth of the ether market failed to regain its momentum.