Argentina: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Argentina

The Argentinian poultry-keeping machinery market shrank to $X in 2022, which is down by -11.1% 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). Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Poultry-Keeping Machinery Exports

Exports from Argentina

After four years of growth, shipments abroad of poultry-keeping machinery decreased by -6.7% to X units in 2022. Overall, exports showed a sharp slump. The pace of growth appeared the most rapid in 2013 with an increase of 119% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, poultry-keeping machinery exports shrank slightly to $X in 2022. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2013 with an increase of 120%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Guatemala (X units), Nicaragua (X units) and Venezuela (X units) were the main destinations of poultry-keeping machinery exports from Argentina, together comprising 82% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nicaragua (with a CAGR of +4.8%), while the other leaders experienced a decline.

In value terms, Venezuela ($X), Nicaragua ($X) and Guatemala ($X) were the largest markets for poultry-keeping machinery exported from Argentina worldwide, together accounting for 71% of total exports.

In terms of the main countries of destination, Nicaragua, with a CAGR of +12.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average poultry-keeping machinery export price stood at $X per unit in 2022, surging by 5.1% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry-keeping machinery export price increased by +110.6% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry-Keeping Machinery Imports

Imports into Argentina

Poultry-keeping machinery imports into Argentina contracted rapidly to X units in 2022, shrinking by -26.6% on 2021. In general, imports saw a slight reduction. The pace of growth appeared the most rapid in 2020 with an increase of 117% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, poultry-keeping machinery imports fell to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 150%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X units) constituted the largest supplier of poultry-keeping machinery to Argentina, accounting for a 45% share of total imports. Moreover, poultry-keeping machinery imports from Brazil exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by the Netherlands (X units), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.2% per year) and the Netherlands (+41.4% per year).

In value terms, Brazil ($X) constituted the largest supplier of poultry-keeping machinery to Argentina, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by Italy, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.7% per year) and Italy (+2.0% per year).

Import Prices by Country

The average poultry-keeping machinery import price stood at $X per unit in 2022, rising by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Belgium ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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