Argentina: Sugar Crop Market 2025

Sugar Crop Market Size in Argentina

The Argentinian sugar crop market dropped to $X in 2022, waning by X% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Sugar Crop Production in Argentina

In value terms, sugar crop production fell to $X in 2022 estimated in export price. In general, production recorded temperate growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of sugar crops in Argentina stood at X tons per ha in 2022, stabilizing at the year before. In general, the yield, however, showed a mild curtailment. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the average sugar crop yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sugar crops were harvested in Argentina; remaining relatively unchanged against the previous year's figure. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. The sugar crop harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Sugar Crop Exports

Exports from Argentina

In 2017, the amount of sugar crops exported from Argentina totaled X kg, standing approx. at the previous year. Over the period under review, exports continue to indicate a sharp shrinkage. The smallest decline of X% was in 2014. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2017, the exports stood at a somewhat lower figure.

In value terms, sugar crop exports totaled $X in 2017. Overall, exports saw a precipitous descent. The smallest decline of X% was in 2014. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2017, the exports failed to regain momentum.

Exports by Country

Uruguay (X kg) was the main destination for sugar crop exports from Argentina, with a approx. X% share of total exports.

From 2013 to 2017, the average annual growth rate of volume to Uruguay was relatively modest.

From 2013 to 2017, the average annual growth rate of value to Uruguay was relatively modest.

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2017, stabilizing at the previous year. Over the period under review, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2017 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2013 to 2017, the rate of growth in terms of prices for Germany amounted to X% per year.

Sugar Crop Imports

Imports into Argentina

In 2022, overseas purchases of sugar crops decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, sugar crop imports dropped to $X in 2022. In general, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest sugar crop supplier to Argentina, with a X% share of total imports. Moreover, sugar crop imports from Spain exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold.

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

In value terms, the largest sugar crop suppliers to Argentina were Hungary ($X) and Spain ($X).

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average sugar crop import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Spain totaled $X per ton.

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

Source: IndexBox Platform

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