Argentina: Market for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes 2024

Market Size for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Argentina

The Argentinian market for citrus fruit jams, marmalades, jellies, purees or pastes fell slightly to $X in 2022, waning by -1.9% against the previous year. The market value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Citrus fruit jams and marmalades consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Argentina

In value terms, citrus fruit jams and marmalades production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 20%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Exports from Argentina

In 2022, shipments abroad of citrus fruit jams, marmalades, jellies, purees or pastes increased by 275% to X tons for the first time since 2016, thus ending a five-year declining trend. In general, exports, however, recorded a deep contraction. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, citrus fruit jams and marmalades exports skyrocketed to $X in 2022. Overall, exports, however, faced a abrupt curtailment. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons) was the main destination for citrus fruit jams and marmalades exports from Argentina, with a 64% share of total exports. Moreover, citrus fruit jams and marmalades exports to Paraguay exceeded the volume sent to the second major destination, Bolivia (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-5.9% per year) and Chile (+25.7% per year).

In value terms, Paraguay ($X) remains the key foreign market for citrus fruit jams, marmalades, jellies, purees or pastes exports from Argentina, comprising 65% of total exports. The second position in the ranking was held by Chile ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay amounted to -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+22.1% per year) and Bolivia (-8.4% per year).

Export Prices by Country

The average export price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $X per ton in 2022, with an increase of 18% against the previous year. Overall, the export price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of 45%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Bolivia ($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 Uruguay (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Imports into Argentina

In 2022, supplies from abroad of citrus fruit jams, marmalades, jellies, purees or pastes was finally on the rise to reach X tons after four years of decline. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 280%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, citrus fruit jams and marmalades imports soared to $X in 2022. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 235%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of citrus fruit jams and marmalades to Argentina, accounting for a 60% share of total imports. Moreover, citrus fruit jams and marmalades imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. Thailand (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +20.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+3.4% per year) and Thailand (0.0% per year).

In value terms, Spain ($X), France ($X) and Thailand ($X) appeared to be the largest citrus fruit jams and marmalades suppliers to Argentina, together comprising 97% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +20.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for citrus fruit jams, marmalades, jellies, purees or pastes amounted to $X per ton, with an increase of 6.4% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24%. The import price peaked at $X per ton in 2012; however, from 2013 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 Thailand ($X per ton), while the price for Spain ($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 UK (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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