Argentina: Biological Product Market 2025

Biological Product Market Size in Argentina

The Argentinian biological product market dropped notably to $X in 2022, waning by X% against the previous year. In general, consumption showed a noticeable shrinkage. As a result, consumption attained the peak level of $X, and then declined sharply in the following year.

Biological Product Production in Argentina

In value terms, biological product production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production showed a slight shrinkage. The growth pace was the most rapid in 2016 when the production volume increased by X%. Biological product production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Biological Product Exports

Exports from Argentina

After three years of decline, overseas shipments of biological products increased by X% to X tons in 2022. In general, total exports indicated a buoyant increase 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. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, biological product exports surged to $X in 2022. Overall, exports, however, saw a pronounced curtailment. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X tons), Vietnam (X tons) and the United States (X tons) were the main destinations of biological product exports from Argentina, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for biological product exported from Argentina were Brazil ($X), France ($X) and Paraguay ($X), with a combined X% share of total exports. Uruguay, Colombia, Vietnam and the United States lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average biological product export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a drastic downturn. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced a decline.

Biological Product Imports

Imports into Argentina

In 2022, overseas purchases of biological products decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, biological product imports shrank to $X in 2022. Overall, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

The United States (X tons), China (X tons) and South Korea (X tons) were the main suppliers of biological product imports 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 South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of biological products to Argentina, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Switzerland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Switzerland (X% per year).

Import Prices by Country

In 2022, the average biological product import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price 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. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X,794 per ton), while the price for Uruguay ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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