Argentina: Cereal Market 2025

Cereal Market Size in Argentina

In 2022, after three years of growth, there was significant decline in the Argentinian cereal market, when its value decreased by X% to $X. In general, the total consumption indicated a prominent increase from 2012 to 2022: its value 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. Cereal consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Cereal Production in Argentina

In value terms, cereal production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

In 2022, the average cereal yield in Argentina stood at X tons per ha, approximately mirroring 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the average cereal yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cereals were harvested in Argentina; approximately mirroring the previous year's figure. Over the period under review, the total harvested area indicated a measured increase from 2012 to 2022: its figure 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. Based on 2022 figures, cereal harvested area increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to cereal production reached the maximum at X ha in 2021, and then reduced slightly in the following year.

Cereal Exports

Exports from Argentina

In 2022, approx. X tons of cereals were exported from Argentina; surging by X% on the year before. Over the period under review, exports enjoyed a temperate increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, cereal exports soared to $X in 2022. Overall, exports showed a pronounced expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Vietnam (X tons), Brazil (X tons) and South Korea (X tons) were the main destinations of cereal exports from Argentina, together comprising X% of total exports. China, Peru, Algeria, Malaysia, Egypt, Saudi Arabia, Chile, Indonesia, Morocco and Colombia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Vietnam ($X) and South Korea ($X) constituted the largest markets for cereal exported from Argentina worldwide, with a combined X% share of total exports. China, Peru, Algeria, Malaysia, Chile, Indonesia, Saudi Arabia, Egypt, Morocco and Colombia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, China, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 cereal export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Brazil ($X per ton) and Colombia ($X per ton), while the average price for exports to Egypt ($X per ton) and South Korea ($X per ton) were amongst the lowest.

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

Cereal Imports

Imports into Argentina

After two years of growth, supplies from abroad of cereals decreased by X% to X tons in 2022. Over the period under review, imports, however, showed a noticeable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then plummeted in the following year.

In value terms, cereal imports surged to $X in 2022. In general, imports, however, showed a tangible increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the United States (X tons) constituted the largest cereal supplier to Argentina, with a X% share of total imports. Moreover, cereal imports from the United States exceeded the figures recorded by the second-largest supplier, Peru (X tons), fourfold. The third position in this ranking was taken by Brazil (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and Brazil (X% per year).

In value terms, the United States ($X) constituted the largest supplier of cereals to Argentina, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Peru (X% per year).

Import Prices by Country

In 2022, the average cereal import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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