Argentina: Chili And Pepper Market 2025

Chili And Pepper Market Size in Argentina

The Argentinian chili and pepper market contracted modestly to $X in 2022, remaining relatively unchanged against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Chili And Pepper Production in Argentina

In value terms, chili and pepper production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production showed a deep reduction. The growth pace was the most rapid in 2018 when the production volume increased by 771%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

The average yield of chilies and peppers (green) in Argentina contracted to X tons per ha in 2022, approximately equating 2021 figures. The yield figure increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the yield increased by 6.6%. The chili and pepper yield peaked at X tons per ha in 2021, and then shrank modestly in the following year. 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 chilies and peppers (green) production in Argentina totaled X ha, almost unchanged from the year before. In general, the harvested area, however, saw a relatively flat trend pattern. Over the period under review, the harvested area dedicated to chili and pepper production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Chili And Pepper Exports

Exports from Argentina

In 2022, shipments abroad of chilies and peppers (green) increased by 47% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 with an increase of 456% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, chili and pepper exports totaled $X in 2022. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by 338% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Paraguay (X tons) was the main destination for chili and pepper exports from Argentina, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay stood at +25.7%.

In value terms, Paraguay ($X) also remains the key foreign market for chilies and peppers (green) exports from Argentina.

From 2012 to 2022, the average annual growth rate of value to Paraguay amounted to +22.1%.

Export Prices by Country

The average chili and pepper export price stood at $X per ton in 2022, waning by -22.2% against the previous year. Overall, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2014 when the average export price increased by 59%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +3.5% per year.

Chili And Pepper Imports

Imports into Argentina

After two years of decline, supplies from abroad of chilies and peppers (green) increased by 6.2% to X tons in 2022. Over the period under review, imports, however, saw a slight decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 490%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, chili and pepper imports fell to $X in 2022. Overall, imports saw a notable increase. The most prominent rate of growth was recorded in 2018 with an increase of 214% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Chile (X tons) was the main supplier of chili and pepper to Argentina, with a 98% share of total imports. It was followed by Brazil (X kg), with a 2.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Chile stood at +13.6%.

In value terms, Chile ($X) constituted the largest supplier of chilies and peppers (green) to Argentina, comprising 97% of total imports. The second position in the ranking was held by Brazil ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile totaled +8.9%.

Import Prices by Country

The average chili and pepper import price stood at $X per ton in 2022, dropping by -14.6% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chili and pepper import price increased by +64.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Chile stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+12.4%).

Source: IndexBox Platform

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