Argentina: Root And Tuber Market 2024

Root And Tuber Market Size in Argentina

The Argentinian root and tuber market contracted to $X in 2022, shrinking by X% against the previous year. Overall, consumption saw a mild decline. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Root And Tuber Production in Argentina

In value terms, root and tuber production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Root and tuber production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

The average yield of roots and tubers in Argentina reached X tons per ha in 2022, leveling off at 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the average root and tuber yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The root and tuber harvested area in Argentina contracted modestly to X ha in 2022, waning by X% against the previous year's figure. Overall, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha, and then fell modestly in the following year.

Root And Tuber Exports

Exports from Argentina

In 2022, shipments abroad of roots and tubers decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, root and tuber exports expanded modestly to $X in 2022. Over the period under review, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Paraguay (X tons) was the main destination for root and tuber exports from Argentina, with a X% share of total exports. Moreover, root and tuber exports to Paraguay exceeded the volume sent to the second major destination, Brazil (X tons), fivefold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Paraguay totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and the UK (X% per year).

In value terms, Paraguay ($X) remains the key foreign market for roots and tubers exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average root and tuber export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Paraguay ($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 (X%), while the prices for the other major destinations experienced a decline.

Root And Tuber Imports

Imports into Argentina

In 2022, overseas purchases of roots and tubers decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, root and tuber imports soared to $X in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main root and tuber supplier to Argentina, with a X% share of total imports. It was followed by Chile (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Costa Rica (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of roots and tubers to Argentina, comprising X% of total imports. The second position in the ranking was held by Costa Rica ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (X% per year) and Chile (X% per year).

Import Prices by Country

The average root and tuber import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price showed a tangible expansion. The pace of growth appeared the most rapid in 2013 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Costa Rica ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :