Argentina: Canary Seed Market 2025

Canary Seed Market Size in Argentina

The Argentinian canary seed market dropped remarkably to $X in 2022, falling by -75.1% against the previous year. In general, consumption saw a drastic downturn. Canary seed consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Canary Seed Production in Argentina

In value terms, canary seed production declined notably to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible reduction. The pace of growth appeared the most rapid in 2014 with an increase of 147% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

The average yield of canary seed in Argentina contracted slightly to X tons per ha in 2022, falling by -1.6% on 2021. In general, the yield recorded a pronounced downturn. The pace of growth appeared the most rapid in 2016 with an increase of 26%. Over the period under review, the average canary seed yield reached the maximum level at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of canary seed production in Argentina declined sharply to X ha, falling by -25.6% compared with 2021 figures. Overall, the harvested area, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in 2021 with an increase of 105%. The canary seed harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Canary Seed Exports

Exports from Argentina

In 2022, overseas shipments of canary seed increased by 19% to X tons, rising for the third consecutive year after three years of decline. In general, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.5% against 2019 indices. The pace of growth was the most pronounced in 2016 when exports increased by 66%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, canary seed exports surged to $X in 2022. Overall, exports, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2016 when exports increased by 68% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for canary seed exports from Argentina, accounting for a 91% share of total exports. Moreover, canary seed exports to Brazil exceeded the volume sent to the second major destination, Chile (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil was relatively modest.

In value terms, Brazil ($X) remains the key foreign market for canary seed exports from Argentina, comprising 91% of total exports. The second position in the ranking was held by Chile ($X), with a 5.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled -4.8%.

Export Prices by Country

In 2022, the average canary seed export price amounted to $X per ton, declining by -2.5% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 8.7%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Brazil stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-2.3%).

Canary Seed Imports

Imports into Argentina

In 2021, approx. X tons of canary seed were imported into Argentina; remaining constant against the previous year's figure. In general, imports saw a perceptible expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 2.4% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, canary seed imports totaled $X in 2021. Overall, imports recorded a relatively flat trend pattern. The smallest decline of -2.2% was in 2015. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Brazil (X tons) was the main canary seed supplier to Argentina, with a approx. 100% share of total imports.

From 2014 to 2021, the average annual growth rate of volume from Brazil was relatively modest.

In value terms, Brazil ($X) constituted the largest supplier of canary seed to Argentina.

From 2014 to 2021, the average annual growth rate of value from Brazil was relatively modest.

Import Prices by Country

The average canary seed import price stood at $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the import price showed a pronounced downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

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

From 2014 to 2021, the rate of growth in terms of prices for Canada amounted to +13.6% per year.

Source: IndexBox Platform

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