Price for Flour, Meal, and Flakes of Potatoes in Argentina - 2023

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Argentina (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Argentina (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Argentina
4. Exports of Flour, Meal, and Flakes of Potatoes in Argentina

Price for Flour, Meal, and Flakes of Potatoes in Argentina (CIF) - 2022

The average import price for flour, meal, and flakes of potatoeses stood at $1,976 per ton in 2022, increasing by 55% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($3,026 per ton), while the price for Belgium ($1,302 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in Argentina (FOB) - 2022

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $3,322 per ton, jumping by 102% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($6,787 per ton), while the average price for exports to Brazil ($2,346 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 Venezuela (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Argentina

Imports of flour, meal, and flakes of potatoeses into Argentina declined notably to 590 tons in 2022, with a decrease of -30.4% on 2021. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of 847 tons, and then reduced notably in the following year.

In value terms, imports of flour, meal, and flakes of potatoeses expanded rapidly to $1.2M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.5% 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 +55.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Argentina in 2022:

1. Netherlands (243.8 tons)
2. Germany (130.7 tons)
3. Egypt (84.0 tons)
4. Russia (69.0 tons)
5. Belgium (44.6 tons)
6. India (15.0 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Argentina

In 2022, approx. 33 tons of flour, meal, and flakes of potatoeses were exported from Argentina; which is down by -68.4% compared with 2021 figures. Overall, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 6.9% against the previous year.

In value terms, exports of flour, meal, and flakes of potatoeses contracted sharply to $110K in 2022. Over the period under review, exports continue to indicate a sharp downturn. The smallest decline of -15.3% was in 2021.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Argentina in 2022:

1. Brazil (16.2 tons)
2. Paraguay (14.5 tons)
3. Ecuador (1.9 tons)

Source: IndexBox Market Intelligence Platform