Argentina: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Argentina

The Argentinian fruit-preparation industrial machinery market rose notably to $X in 2021, increasing by 5.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed buoyant growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Fruit-Preparation Industrial Machinery Exports

Exports from Argentina

In 2021, shipments abroad of industrial machinery for the preparation of fruits, nuts or vegetables increased by 209% to X units, rising for the second year in a row after three years of decline. In general, exports, however, faced a deep downturn. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, fruit-preparation industrial machinery exports skyrocketed to $X in 2021. Overall, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 when exports increased by 258%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X units), Bulgaria (X units) and the United States (X units) were the main destinations of fruit-preparation industrial machinery exports from Argentina, together accounting for 35% of total exports. These countries were followed by Chile, Serbia, Spain, Brazil, France, Russia, Italy, Costa Rica, Colombia and the Dominican Republic, which together accounted for a further 54%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +19.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fruit-preparation industrial machinery exported from Argentina were France ($X), Australia ($X) and Chile ($X), together accounting for 38% of total exports. Bulgaria, Spain, Serbia, the United States, Costa Rica, Russia, Italy, the Dominican Republic, Colombia and Brazil lagged somewhat behind, together accounting for a further 28%.

In terms of the main countries of destination, Spain, with a CAGR of +52.3%, saw 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

The average fruit-preparation industrial machinery export price stood at $X per unit in 2021, increasing by 9.7% against the previous year. Overall, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fruit-preparation industrial machinery export price increased by +45.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit-Preparation Industrial Machinery Imports

Imports into Argentina

In 2021, imports of industrial machinery for the preparation of fruits, nuts or vegetables into Argentina surged to X units, jumping by 16% against 2020 figures. In general, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by 101% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, fruit-preparation industrial machinery imports fell significantly to $X in 2021. Overall, imports, however, recorded a noticeable downturn. The pace of growth was the most pronounced in 2013 with an increase of 85%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Brazil (X units) and Bolivia (X units) were the main suppliers of fruit-preparation industrial machinery imports to Argentina, with a combined 95% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +12.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Brazil ($X) and France ($X) constituted the largest fruit-preparation industrial machinery suppliers to Argentina, with a combined 22% share of total imports.

China, with a CAGR of +3.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average fruit-preparation industrial machinery import price amounted to $X per unit, dropping by -49.4% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 104%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-7.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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