
Argentina - Lucerne (Alfalfa) Meal and Pellets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingArgentina: 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) :
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:
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Products: Market Size and Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports and Growth, By Type
- Products: Export Prices and Growth, By Type
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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