Argentina: Tomato Market 2024

Tomato Market Size in Argentina

The Argentinian tomato market totaled $X in 2022, with an increase of 1.8% against the previous year. The market value increased at an average annual rate of +3.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Tomato Production in Argentina

In value terms, tomato production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 16%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of tomatoes in Argentina amounted to X tons per ha in 2022, remaining relatively unchanged against the previous year's figure. The yield figure increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 4.5% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average tomato 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.

In 2022, approx. X ha of tomatoes were harvested in Argentina; flattening at the previous year. In general, the harvested area, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 0.8% against the previous year. The tomato harvested area peaked at X ha in 2021, and then fell in the following year.

Tomato Exports

Exports from Argentina

In 2022, overseas shipments of tomatoes increased by 370% to X tons, rising for the third year in a row after two years of decline. Overall, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tomato exports skyrocketed to $X in 2022. In general, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Paraguay (X tons) was the main destination for tomato exports from Argentina, with a 98% share of total exports. It was followed by Brazil (X tons), with a 1.7% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Paraguay totaled +18.4%.

In value terms, Paraguay ($X) remains the key foreign market for tomatoes exports from Argentina, comprising 96% of total exports. The second position in the ranking was held by Brazil ($X), with a 4.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay stood at +14.1%.

Export Prices by Country

In 2022, the average tomato export price amounted to $X per ton, reducing by -58.2% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 103%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Paraguay amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+13.8%), while the prices for the other major destinations experienced a decline.

Tomato Imports

Imports into Argentina

Tomato imports into Argentina soared to X tons in 2022, with an increase of 24% against the year before. Overall, imports showed buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 3,757% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, tomato imports soared to $X in 2022. In general, imports saw a buoyant increase. The pace of growth was the most pronounced in 2016 when imports increased by 2,758%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X tons) was the main supplier of tomato to Argentina, with a 95% share of total imports. Moreover, tomato imports from Chile exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Chile totaled +27.9%.

In value terms, Chile ($X) constituted the largest supplier of tomatoes to Argentina, comprising 97% of total imports. The second position in the ranking was taken by Brazil ($X), with a 3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile amounted to +19.8%.

Import Prices by Country

The average tomato import price stood at $X per ton in 2022, reducing by -5.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 164%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average 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 Chile ($X per ton), while the price for Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.1%).

Source: IndexBox Platform

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