Argentina - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPork Price in Argentina - 2023
Contents:
- Pork Price in Argentina (CIF) - 2023
- Pork Price in Argentina (FOB) - 2022
- Pork Imports in Argentina
- Pork Exports in Argentina
Pork Price in Argentina (CIF) - 2023
The average pork import price stood at $3,133 per ton in June 2023, flattening at the previous month. Over the period under review, the import price, however, saw a modest expansion. The pace of growth appeared the most rapid in May 2023 an increase of 7.3% month-to-month. As a result, import price attained the peak level of $3,164 per ton, leveling off in the following month.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From June 2022 to June 2023, the rate of growth in terms of prices for Brazil amounted to +1.2% per month.
Pork Price in Argentina (FOB) - 2022
The average pork export price stood at $2,171 per ton in 2022, dropping by -9.8% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,406 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,632 per ton), while the average price for exports to Cote d'Ivoire ($602 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 Armenia (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Pork Imports in Argentina
In 2022, approx. 37K tons of pork were imported into Argentina; declining by -3% on 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 95%. As a result, imports attained the peak of 38K tons, and then fell slightly in the following year.
In value terms, pork imports shrank to $99M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 96% against the previous year. As a result, imports attained the peak of $108M, and then shrank in the following year.
| Import of Pork in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 78.6 | 53.5 | 107 | 96.3 | 7.0% |
| Denmark | 1.4 | 1.5 | 0.8 | 2.6 | 22.9% |
| Others | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Total | 80.0 | 55.0 | 108 | 99.1 | 7.4% |
Top Suppliers of Pork to Argentina in 2022:
- Brazil (36.2K tons)
- Denmark (0.6K tons)
Pork Exports in Argentina
In 2022, shipments abroad of pork decreased by -38% to 10K tons, falling for the second year in a row after two years of growth. Overall, exports saw a mild decrease. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, the exports attained the peak of 17K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, pork exports plummeted to $22M in 2022. Over the period under review, exports showed a noticeable decline. The pace of growth appeared the most rapid in 2020 when exports increased by 54% against the previous year.
| Export of Pork in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 0.3 | 0.3 | 0.7 | 9.4 | 215.3% |
| Armenia | N/A | 0.1 | 0.1 | 7.6 | 771.8% |
| China | 1.9 | 34.2 | 36.8 | 4.8 | 36.2% |
| Cote d'Ivoire | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Russia | 22.8 | 3.1 | 0.8 | N/A | -81.3% |
| Georgia | N/A | 1.2 | 0.3 | N/A | -75.0% |
| Others | 0.3 | 0.1 | 0.4 | N/A | 15.5% |
| Total | 25.4 | 39.1 | 39.2 | 21.9 | -4.8% |
Top Export Markets for Pork from Argentina in 2022:
- Angola (4.4K tons)
- Armenia (3.6K tons)
- China (1.8K tons)
- Cote d'Ivoire (0.2K tons)
This report provides an in-depth analysis of the pork 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 1035 - Pig meat
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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