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Report Argentina - Lucerne (Alfalfa) Meal and Pellets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Argentina - Lucerne (Alfalfa) Meal and Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Market for Lucerne (Alfalfa) Meal And Pellets 2025

Market Size for Lucerne (Alfalfa) Meal And Pellets in Argentina

In 2021, the Argentinian lucerne meal and pellets market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, showed a perceptible reduction. Lucerne meal and pellets consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Lucerne (Alfalfa) Meal And Pellets in Argentina

In value terms, lucerne meal and pellets production reached $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible setback. The growth pace was the most rapid in 2016 when the production volume increased by 22% against the previous year. Lucerne meal and pellets production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Lucerne (Alfalfa) Meal And Pellets

Exports from Argentina

In 2021, after two years of growth, there was decline in shipments abroad of lucerne (alfalfa) meal and pellets, when their volume decreased by -0.4% to X tons. Overall, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 409% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced in the following year.

In value terms, lucerne meal and pellets exports shrank modestly to $X in 2021. Over the period under review, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 379%. The exports peaked at $X in 2020, and then dropped modestly in the following year.

Exports by Country

Chile (X tons) was the main destination for lucerne meal and pellets exports from Argentina, with a 87% share of total exports. Moreover, lucerne meal and pellets exports to Chile exceeded the volume sent to the second major destination, Panama (X tons), more than tenfold. Oman (X tons) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile stood at +86.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+31.0% per year) and Oman (+14.7% per year).

In value terms, Chile ($X) remains the key foreign market for lucerne (alfalfa) meal and pellets exports from Argentina, comprising 78% of total exports. The second position in the ranking was taken by Oman ($X), with an 11% share of total exports. It was followed by Panama, with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile totaled +82.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+23.4% per year) and Panama (+28.2% per year).

Export Prices by Country

In 2021, the average lucerne meal and pellets export price amounted to $X per ton, reducing by -3.7% against the previous year. Overall, the export price showed a deep slump. The most prominent rate of growth was recorded in 2018 when the average export price decreased by -1%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lucerne (Alfalfa) Meal And Pellets

Imports into Argentina

In 2021, the amount of lucerne (alfalfa) meal and pellets imported into Argentina was estimated at less than X kg, almost unchanged from the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, lucerne meal and pellets imports stood at less than $X in 2021. In general, imports continue to indicate a relatively flat trend pattern.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest lucerne meal and pellets consuming country worldwide, comprising approx. 17% of total volume. Moreover, lucerne meal and pellets consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 5.7% share.
The country with the largest volume of lucerne meal and pellets production was China, accounting for 16% of total volume. Moreover, lucerne meal and pellets 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 6.6% share.
In value terms, Chile remains the key foreign market for lucerne meal and pellets exports from Argentina, comprising 75% of total exports. The second position in the ranking was occupied by Panama, with a 12% share of total exports. It was followed by the Dominican Republic, with a 6.5% share.
In 2021, the average lucerne meal and pellets export price amounted to $183 per ton, growing by 2.6% against the previous year.

This report provides an in-depth analysis of the market for lucerne meal and pellets 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 10912000 - Lucerne (alfalfa) meal and pellets

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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