Ether Market Overview in Argentina
In value terms, ether production surged to $ in 2019 estimated in export prices. Over the period under review, the total production indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2016 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.
The value of the ether market in Argentina reduced to $ in 2019, falling by -% against 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). Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.