Argentina: Date Market Overview 2021

Date Market Size in Argentina

The Argentinian date market soared to $X in 2019, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a remarkable increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the market attained the peak level in 2019 and is likely to see steady growth in the immediate term.

Date Exports

Exports from Argentina

In 2019, shipments abroad of dates decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

In value terms, date exports expanded markedly to $X in 2019. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by X% y-o-y. Exports peaked in 2019 and are likely to see gradual growth in years to come.

Exports by Country

Malaysia (X tonnes) was the main destination for date exports from Argentina, accounting for a X% share of total exports. Moreover, date exports to Malaysia exceeded the volume sent to the second major destination, Kuwait (X tonnes), fourfold. Austria (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Austria (X% per year).

In value terms, Malaysia ($X) remains the key foreign market for date exports from Argentina, comprising X% of total exports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Malaysia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Canada (+X% per year).

Export Prices by Country

In 2019, the average date export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. The export price peaked in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Canada ($X per tonne), while the average price for exports to Kuwait ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced a decline.

Date Imports

Imports into Argentina

In 2019, the amount of dates imported into Argentina surged to X tonnes, picking up by X% on the year before. Over the period under review, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in years to come.

In value terms, date imports declined modestly to $X in 2019. In general, imports showed resilient growth. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Egypt (X tonnes) constituted the largest supplier of date to Argentina, with a X% share of total imports. Moreover, date imports from Egypt exceeded the figures recorded by the second-largest supplier, Iran (X tonnes), sixfold. Tunisia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Egypt totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (-X% per year) and Tunisia (+X% per year).

In value terms, Egypt ($X) constituted the largest supplier of date to Argentina, comprising X% of total imports. The second position in the ranking was occupied by Israel ($X), with a X% share of total imports. It was followed by Tunisia, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Egypt amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+X% per year) and Tunisia (+X% per year).

Import Prices by Country

In 2019, the average date import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the import price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Palestine ($X per tonne), while the price for Iran ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Israel, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dates in the world?

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The countries with the highest volumes of date consumption in 2019 were Egypt (1.6M tonnes), Saudi Arabia (1.4M tonnes) and Iran (1.2M tonnes), with a combined 42% share of global consumption. Algeria, Iraq, Pakistan, Sudan, Oman, China, India, the United Arab Emirates, Libya and Tunisia lagged somewhat behind, together accounting for a further 43%.

What are the largest producers of dates in the world?

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The countries with the highest volumes of date production in 2019 were Egypt (1.6M tonnes), Saudi Arabia (1.5M tonnes) and Iran (1.3M tonnes), together accounting for 46% of global production. Algeria, Iraq, Pakistan, Sudan, Oman, China, the United Arab Emirates, Tunisia and Libya lagged somewhat behind, together accounting for a further 43%.

What are the leading suppliers of dates to Argentina?

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In value terms, Egypt ($275K) constituted the largest supplier of date to Argentina, comprising 43% of total imports. The second position in the ranking was occupied by Israel ($135K), with a 21% share of total imports. It was followed by Tunisia, with a 15% share.

What are the leading importers of dates from Argentina?

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In value terms, Malaysia ($61K) remains the key foreign market for date exports from Argentina, comprising 91% of total exports. The second position in the ranking was occupied by Kuwait ($3.8K), with a 5.6% share of total exports. It was followed by Canada, with a 2% share.

What is the average export price for dates in Argentina?

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The average date export price stood at $3,035 per tonne in 2019, rising by 42% against the previous year.

What is the average import price for dates in Argentina?

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The average date import price stood at $1,992 per tonne in 2019, with a decrease of -26.4% against the previous year.