Argentina: Meat Dishes Market 2024

Meat Dishes Market Size in Argentina

The Argentinian meat dishes market reduced to $X in 2022, flattening at the previous year. In general, consumption, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2021 when the market value increased by 7.4%. Meat dishes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Meat Dishes Production in Argentina

In value terms, meat dishes production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 7.4%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Meat Dishes Exports

Exports from Argentina

In 2022, overseas shipments of meat dishes decreased by -11.8% to X tons, falling for the third year in a row after four years of growth. Overall, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 17%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat dishes exports contracted significantly to $X in 2022. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 22%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for meat dishes exports from Argentina, with a 55% share of total exports. Moreover, meat dishes exports to Hong Kong SAR exceeded the volume sent to the second major destination, Peru (X tons), threefold. The third position in this ranking was held by Thailand (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR totaled -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+10.0% per year) and Thailand (+26.1% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for meat dishes exports from Argentina, comprising 52% of total exports. The second position in the ranking was taken by Thailand ($X), with a 17% share of total exports. It was followed by Peru, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR totaled -5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+23.8% per year) and Peru (+10.1% per year).

Export Prices by Country

In 2022, the average meat dishes export price amounted to $X per ton, declining by -11.8% against the previous year. Overall, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9.2% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into Argentina

For the third consecutive year, Argentina recorded growth in purchases abroad of meat dishes, which increased by 23% to X tons in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 227% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, meat dishes imports skyrocketed to $X in 2022. In general, imports saw a mild increase. The most prominent rate of growth was recorded in 2021 when imports increased by 179% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main meat dishes supplier to Argentina, with a 98% share of total imports. It was followed by Spain (X tons), with a 1.7% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Brazil was relatively modest.

In value terms, Brazil ($X) constituted the largest supplier of meat dishes to Argentina, comprising 95% of total imports. The second position in the ranking was taken by Spain ($X), with a 4.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at +1.4%.

Import Prices by Country

In 2022, the average meat dishes import price amounted to $X per ton, picking up by 20% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 an increase of 56%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Brazil stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.6%).

Source: IndexBox Platform

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