Report Update Nov 1, 2024

Argentina - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Tomato Juice Market 2024

Tomato Juice Market Size in Argentina

In 2022, after four years of growth, there was decline in the Argentinian tomato juice market, when its value decreased by -1.5% to $X. Overall, consumption, however, enjoyed a notable increase. Tomato juice consumption peaked at $X in 2021, and then declined modestly in the following year.

Tomato Juice Exports

Exports from Argentina

Tomato juice exports from Argentina stood at X kg in 2020, almost unchanged from the previous year. Over the period under review, exports faced a precipitous slump. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the maximum at X kg in 2016; however, from 2017 to 2020, the exports failed to regain momentum.

In value terms, tomato juice exports stood at $X in 2020. Overall, exports continue to indicate a sharp downturn. The smallest decline of 99.9% was in 2017. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X kg) was the main destination for tomato juice exports from Argentina, accounting for a approx. 100% share of total exports.

From 2016 to 2020, the average annual rate of growth in terms of volume to Chile was relatively modest.

From 2016 to 2020, the average annual growth rate of value to Chile was relatively modest.

Export Prices by Country

The average tomato juice export price stood at $X per ton in 2020, flattening at the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2017 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the maximum in 2020 and is expected to retain growth in years to come.

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

From 2016 to 2020, the rate of growth in terms of prices for Chile amounted to 0.0% per year.

Tomato Juice Imports

Imports into Argentina

In 2022, approx. X tons of tomato juice were imported into Argentina; shrinking by -5% against the year before. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by 106% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tomato juice imports reached $X in 2022. Overall, imports, however, recorded a measured expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 123%. Over the period under review, imports attained the peak figure at $X in 2020; afterwards, it flattened through to 2022.

Imports by Country

The UK (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of tomato juice imports to Argentina, with a combined 52% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +28.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of tomato juice to Argentina, comprising 40% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from the UK totaled +40.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.2% per year) and the Netherlands (+7.6% per year).

Import Prices by Country

In 2022, the average tomato juice import price amounted to $X per ton, surging by 5.3% against the previous year. Over the period under review, the import price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 51%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomato juice in the world?

The countries with the highest volumes of tomato juice consumption in 2021 were Russia, India and Japan, with a combined 53% share of global consumption.

What are the largest producers of tomato juice in the world?

The countries with the highest volumes of tomato juice production in 2021 were Russia, India and Japan, together accounting for 52% of global production. Canada, Spain, France, the UK, Italy, Afghanistan, China, Turkey and Kenya lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of tomato juice to Argentina?

In value terms, the United States constituted the largest supplier of tomato juice to Argentina, comprising 62% of total imports. The second position in the ranking was occupied by the Netherlands, with a 15% share of total imports. It was followed by Germany, with a 15% share.

What is the average export price for tomato juice in Argentina?

In 2020, the average tomato juice export price amounted to $1,477 per ton, leveling off at the previous year.

What is the average import price for tomato juice in Argentina?

The average tomato juice import price stood at $945 per ton in 2021, with a decrease of -44.8% against the previous year.

This report provides an in-depth analysis of the tomato juice market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 390 - Juice of Tomatoes

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023