Clementines Price in Argentina - 2023

Contents:

  1. Clementines Price in Argentina (FOB) - 2022
  2. Clementines Price in Argentina (CIF) - 2022
  3. Clementines Exports in Argentina
  4. Clementines Imports in Argentina

Clementines Price in Argentina (FOB) - 2022

In 2022, the average clementines export price amounted to $621 per ton, waning by -2.3% against the previous year. Overall, the export price showed a deep setback. Over the period under review, the average export prices hit record highs at $1,011 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($713 per ton), while the average price for exports to Indonesia ($563 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-4.3%), while the prices for the other major destinations experienced a decline.

Clementines Price in Argentina (CIF) - 2022

The average clementines import price stood at $1,498 per ton in 2022, standing approx. at the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clementines import price decreased by -0.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 34% against the previous year. As a result, import price reached the peak level of $1,507 per ton; afterwards, it flattened through to 2022.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +3.4% per year.

Clementines Exports in Argentina

Clementines exports from Argentina shrank rapidly to 3.7K tons in 2022, with a decrease of -26.3% against the year before. Over the period under review, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 296%. As a result, the exports reached the peak of 5K tons, and then contracted rapidly in the following year.

In value terms, clementines exports reduced notably to $2.3M in 2022. Overall, exports recorded a mild contraction. The growth pace was the most rapid in 2021 with an increase of 256% against the previous year. As a result, the exports attained the peak of $3.2M, and then contracted significantly in the following year.

Export of Clementines in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,4173921,1201,7296.9%
Canada35217962.852314.1%
IndonesiaN/AN/AN/A52.30%
PhilippinesN/AN/A1,071N/A0%
SingaporeN/AN/A646N/A0%
Netherlands18529.732.0N/A-58.4%
Others441299270N/A-21.8%
Total2,3958993,2022,304-1.3%

Top Export Markets for Clementines from Argentina in 2022:

  1. Russia (2.9K tons)
  2. Canada (0.7K tons)
  3. Indonesia (0.1K tons)

Clementines Imports in Argentina

In 2022, supplies from abroad of fruit, edible was finally on the rise to reach 3.3 tons after two years of decline. Overall, imports, however, showed a precipitous shrinkage.

In value terms, clementines imports skyrocketed to $4.9K in 2022. In general, imports, however, faced a dramatic shrinkage.

Import of Clementines in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain21.95.83.31.6-58.2%
Others8.60.9N/A3.3-27.3%
Total30.56.63.34.9-45.6%

Top Suppliers of Clementines to Argentina in 2022:

  1. Spain (1.1 tons)

Source: IndexBox Market Intelligence Platform

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