Report Update Nov 1, 2024

Argentina - Herrings (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Preserved Herring Market 2024

Preserved Herring Market Size in Argentina

In 2021, the Argentinian preserved herring market increased by 0.6% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, saw a pronounced slump. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Preserved Herring Production in Argentina

In value terms, preserved herring production reduced modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the production volume increased by 21% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Preserved Herring Exports

Exports from Argentina

After two years of growth, overseas shipments of herrings (prepared or preserved) decreased by -21.9% to X tons in 2021. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 4,454% against the previous year. As a result, the exports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, preserved herring exports dropped to $X in 2021. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 5,883%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for preserved herring exports from Argentina, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bosnia and Herzegovina totaled +34.8%.

In value terms, Bosnia and Herzegovina ($X) emerged as the key foreign market for herrings (prepared or preserved) exports from Argentina.

From 2012 to 2021, the average annual growth rate of value to Bosnia and Herzegovina stood at +20.0%.

Export Prices by Country

The average preserved herring export price stood at $X per ton in 2021, with an increase of 17% against the previous year. Overall, the export price, however, showed a deep slump. The pace of growth appeared the most rapid in 2020 an increase of 31%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, 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 Bosnia and Herzegovina.

From 2012 to 2021, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -10.9% per year.

Preserved Herring Imports

Imports into Argentina

In 2021, after three years of growth, there was significant decline in supplies from abroad of herrings (prepared or preserved), when their volume decreased by -29.6% to X tons. Overall, imports faced a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 41%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, preserved herring imports declined sharply to $X in 2021. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 27% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X kg) constituted the largest supplier of preserved herring to Argentina, with a 38% share of total imports. Moreover, preserved herring imports from Sweden exceeded the figures recorded by the second-largest supplier, Denmark (X kg), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden totaled +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-20.0% per year) and Germany (-38.0% per year).

In value terms, Sweden ($X) constituted the largest supplier of herrings (prepared or preserved) to Argentina, comprising 37% of total imports. The second position in the ranking was held by Denmark ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden amounted to +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-16.0% per year) and Germany (-37.5% per year).

Import Prices by Country

The average preserved herring import price stood at $X per ton in 2021, growing by 12% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 15%. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herrings (prepared or preserved) in the world?

The country with the largest volume of preserved herring consumption was China, comprising approx. 18% of total volume. Moreover, preserved herring consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.3% share.

What are the largest producers of herrings (prepared or preserved) in the world?

China remains the largest preserved herring producing country worldwide, comprising approx. 18% of total volume. Moreover, preserved herring production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 6% share.

What are the leading suppliers of herrings (prepared or preserved) to Argentina?

In value terms, Sweden, Denmark and Germany appeared to be the largest preserved herring suppliers to Argentina, with a combined 100% share of total imports.

What are the leading importers of herrings (prepared or preserved) from Argentina?

In value terms, Bosnia and Herzegovina remains the key foreign market for preserved herring exports from Argentina.

What is the average export price for herrings (prepared or preserved) in Argentina?

In 2021, the average preserved herring export price amounted to $6,178 per ton, shrinking by -9% against the previous year.

What is the average import price for herrings (prepared or preserved) in Argentina?

The average preserved herring import price stood at $5,160 per ton in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the preserved herring market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023