Report Update: May 1, 2024

Argentina - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends And Insights

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Price for Mixed Condiment, Sause and Seasoning in Argentina - 2023

Price for Mixed Condiment, Sause and Seasoning in Argentina (FOB) - 2022

The average export price for mixed condiments, sauses and seasonings stood at $1,670 per ton in 2022, surging by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Brazil ($8,301 per ton), while the average price for exports to Paraguay ($1,593 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 Brazil (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Mixed Condiment, Sause and Seasoning in Argentina (CIF) - 2022

In 2022, the average import price for mixed condiments, sauses and seasonings amounted to $3,449 per ton, growing by 7.1% against the previous year. Overall, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 12%. The import price peaked at $4,186 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,159 per ton), while the price for South Korea ($1,196 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Mixed Condiment, Sause and Seasoning in Argentina

In 2022, mixed condiment, sause and seasoning exports from Argentina reached 15K tons, with an increase of 1.9% compared with the year before. Overall, exports, however, saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 4.2% against the previous year. As a result, the exports reached the peak of 19K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mixed condiment, sause and seasoning exports surged to $25M in 2022. The total export value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Mixed Condiment, Sause and Seasoning in Argentina (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Paraguay	8.5	7.4	8.8	13.0	15.2%
Uruguay	5.1	4.4	5.3	6.9	10.6%
Chile	4.3	5.8	3.4	3.5	-6.6%
Bolivia	1.2	0.7	0.5	0.4	-30.7%
Others	0.2	0.2	0.1	1.0	71.0%
Total	19.3	18.5	18.1	24.8	8.7%

Top Export Markets for Mixed Condiment, Sause and Seasoning from Argentina in 2022:

Paraguay (8.2K tons)
Uruguay (4.0K tons)
Chile (2.1K tons)
Bolivia (0.2K tons)

Imports of Mixed Condiment, Sause and Seasoning in Argentina

In 2022, approx. 2.6K tons of mixed condiments, sauses and seasonings were imported into Argentina; increasing by 17% on 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +68.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, mixed condiment, sause and seasoning imports surged to $9.1M in 2022. In general, imports recorded a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 51%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Mixed Condiment, Sause and Seasoning in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	1,752	1,125	1,604	2,274	9.1%
Uruguay	1,491	1,740	2,018	2,035	10.9%
United States	838	562	1,033	1,359	17.5%
China	429	519	757	1,108	37.2%
Mexico	169	201	743	968	78.9%
Taiwan (Chinese)	91.2	79.0	129	231	36.3%
Japan	116	96.9	76.6	154	9.9%
Chile	183	55.4	218	85.1	-22.5%
South Korea	27.9	29.7	77.5	81.1	42.7%
Others	264	383	597	813	45.5%
Total	5,361	4,792	7,251	9,110	19.3%

Top Suppliers of Mixed Condiment, Sause and Seasoning to Argentina in 2022:

Brazil (942.0 tons)
China (450.6 tons)
Uruguay (391.0 tons)
Mexico (237.9 tons)
United States (220.6 tons)
South Korea (67.8 tons)
Chile (49.7 tons)
Taiwan (Chinese) (49.5 tons)
Japan (44.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning 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 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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