Argentina: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in Argentina

The Argentinian market for pasta stuffed with meat, fish and cheese declined modestly to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Pasta Stuffed With Meat, Fish and Cheese in Argentina

In value terms, meat, fish or cheese pasta production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by 24%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from Argentina

After two years of decline, shipments abroad of pasta stuffed with meat, fish and cheese increased by 41% to X tons in 2022. Over the period under review, exports, however, recorded a abrupt setback. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, meat, fish or cheese pasta exports skyrocketed to $X in 2022. In general, exports, however, recorded a deep downturn. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X tons), Paraguay (X tons) and the United States (X tons) were the main destinations of meat, fish or cheese pasta exports from Argentina.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +6.2%), while the other leaders experienced mixed trend patterns.

In value terms, Chile ($X) remains the key foreign market for pasta stuffed with meat, fish and cheese exports from Argentina, comprising 68% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile totaled +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-3.2% per year) and the United States (-11.8% per year).

Export Prices by Country

In 2022, the average export price for pasta stuffed with meat, fish and cheese amounted to $X per ton, picking up by 2.7% against the previous year. In general, the export price, however, saw a slight curtailment. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Paraguay ($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 (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into Argentina

In 2022, the amount of pasta stuffed with meat, fish and cheese imported into Argentina shrank notably to X tons, reducing by -50.4% compared with 2021. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 2,828%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, meat, fish or cheese pasta imports contracted sharply to $X in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2019 when imports increased by 2,166%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest meat, fish or cheese pasta supplier to Argentina, accounting for a 80% share of total imports. Moreover, meat, fish or cheese pasta imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold.

From 2018 to 2022, the average annual growth rate of volume from China totaled +39.0%.

In value terms, Italy ($X) constituted the largest supplier of pasta stuffed with meat, fish and cheese to Argentina, comprising 69% of total imports. The second position in the ranking was taken by China ($X), with a 31% share of total imports.

From 2018 to 2022, the average annual growth rate of value from Italy amounted to +193.0%.

Import Prices by Country

In 2022, the average import price for pasta stuffed with meat, fish and cheese amounted to $X per ton, picking up by 46% against the previous year. Over the period under review, the import price saw a buoyant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 172% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China amounted to $X per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+89.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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