Argentina: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2024

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Argentina

The Argentinian market for coconut, abaca, ramie and other vegetable textile fibres declined remarkably to $X in 2022, which is down by -17.8% against the previous year. Overall, consumption showed a noticeable decline. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Argentina

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres reduced to $X in 2022 estimated in export price. Overall, production saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 41%. Over the period under review, production of attained the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

The average yield of coconut, abaca, ramie and other vegetable textile fibres in Argentina reached X kg per ha in 2022, leveling off at 2021. In general, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 6.5%. The yield of coconut, abaca, ramie and other vegetable textile fibres peaked at X tons per ha in 2013; however, from 2014 to 2022, the 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.

The harvested area of coconut, abaca, ramie and other vegetable textile fibres in Argentina contracted modestly to X ha in 2022, remaining relatively unchanged against 2021 figures. Over the period under review, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 6.6%. The harvested area of coconut, abaca, ramie and other vegetable textile fibres peaked at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports from Argentina

Exports of coconut, abaca, ramie and other vegetable textile fibres from Argentina amounted to X kg in 2022, approximately mirroring 2021. In general, exports continue to indicate a abrupt shrinkage. The smallest decline of 99.9% was in 2018. The exports peaked at X kg in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres stood at $X in 2022. Overall, exports continue to indicate a dramatic curtailment. The smallest decline of 99.9% was in 2018. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X kg) was the main destination for exports of coconut, abaca, ramie and other vegetable textile fibres from Argentina, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Bolivia stood at -15.6%.

From 2013 to 2022, the average annual growth rate of value to Bolivia totaled -25.7%.

Export Prices by Country

In 2022, the average export price for coconut, abaca, ramie and other vegetable textile fibres amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Bolivia amounted to -12.0% per year.

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports into Argentina

In 2022, approx. X kg of coconut, abaca, ramie and other vegetable textile fibres were imported into Argentina; declining by 99.9% against 2021. Over the period under review, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 943% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres fell significantly to $X in 2022. Overall, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 1,007% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X kg) was the main supplier of coconut, abaca, ramie and other vegetable textile fibre to Argentina, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +48.9%.

In value terms, the Netherlands ($X) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibres to Argentina.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +52.0%.

Import Prices by Country

The average import price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, declining by -16.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2018 an increase of 26% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +11.2% per year.

Source: IndexBox Platform