Argentina - Flours, Meals And Pellets Of Meat Or Meat Offal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Argentina - Flours, Meals And Pellets Of Meat Or Meat Offal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Meat Meals and Pellets in Argentina - 2023

Contents:

  1. Price for Meat Meals and Pellets in Argentina (FOB) - 2022
  2. Price for Meat Meals and Pellets in Argentina (CIF) - 2022
  3. Exports of Meat Meals and Pellets in Argentina
  4. Imports of Meat Meals and Pellets in Argentina

Price for Meat Meals and Pellets in Argentina (FOB) - 2022

In 2022, the average meat meals and pellets export price amounted to $395 per ton, increasing by 9.2% against the previous year. Overall, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $595 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($470 per ton) and South Africa ($410 per ton), while the average price for exports to Vietnam ($347 per ton) and Colombia ($386 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-2.8%), while the prices for the other major destinations experienced a decline.

Price for Meat Meals and Pellets in Argentina (CIF) - 2022

In 2022, the average meat meals and pellets import price amounted to $1,107 per ton, jumping by 22% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat meals and pellets import price increased by +70.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +2.9% per year.

Exports of Meat Meals and Pellets in Argentina

In 2022, shipments abroad of flours, meals and pellets of meat or meat offal decreased by -16.5% to 39K tons, falling for the second consecutive year after two years of growth. In general, exports faced a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 14%. As a result, the exports reached the peak of 92K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, meat meals and pellets exports reduced to $15M in 2022. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 12% against the previous year. As a result, the exports attained the peak of $30M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Meat Meals and Pellets in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia7.47.28.55.4-10.0%
China10.511.12.04.7-23.5%
Vietnam8.09.75.24.6-16.8%
South Africa0.50.70.70.4-7.2%
PeruN/A1.10.2N/A-81.8%
Others0.30.10.1N/A-42.3%
Total26.729.916.715.2-17.1%

Top Export Markets for Meat Meals and Pellets from Argentina in 2022:

  1. Colombia (14.0K tons)
  2. Vietnam (13.4K tons)
  3. China (10.1K tons)
  4. South Africa (1.0K tons)

Imports of Meat Meals and Pellets in Argentina

For the fourth year in a row, Argentina recorded growth in overseas purchases of flours, meals and pellets of meat or meat offal, which increased by 68% to 23K tons in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 104% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, meat meals and pellets imports surged to $25M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 171% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Meat Meals and Pellets in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2.74.110.425.3110.8%
UruguayN/A0.41.7N/A325.0%
OthersN/AN/A0.3N/A0%
Total2.74.612.425.3110.8%

Top Suppliers of Meat Meals and Pellets to Argentina in 2022:

  1. Brazil (22.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for meat meals and pellets 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:

  • Prodcom 10131600 - Flours, meals and pellets of meat or meat offal unfit for human consumption, greaves

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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