Argentina: Date Market Overview 2021

Date Market Size in Argentina

The Argentinian date market skyrocketed to $X in 2020, increasing 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). Overall, consumption showed a remarkable increase. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Date consumption peaked in 2020 and is likely to see steady growth in the immediate term.

Date Exports

Exports from Argentina

For the fifth consecutive year, Argentina recorded growth in shipments abroad of dates, which increased by X% to X tonnes in 2020. Overall, exports saw a significant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, date exports skyrocketed to $X in 2020. In general, exports recorded a significant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kuwait (X tonnes) was the main destination for date exports from Argentina, with a X% share of total exports. Moreover, date exports to Kuwait exceeded the volume sent to the second major destination, Canada (X tonnes), tenfold.

From 2007 to 2020, the average annual growth rate of volume to Kuwait totaled +X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Kuwait totaled +X%.

Export Prices by Country

The average date export price stood at $X per tonne in 2020, jumping by X% against the previous year. Overall, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per tonne), while the average price for exports to Kuwait totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait.

Date Imports

Imports into Argentina

Date imports into Argentina skyrocketed to X tonnes in 2020, with an increase of X% against 2019 figures. In general, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2020 and are likely to see steady growth in years to come.

In value terms, date imports soared to $X in 2020. Overall, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to see steady growth in years to come.

Imports by Country

Iran (X tonnes), Egypt (X tonnes) and Algeria (X tonnes) were the main suppliers of date imports to Argentina, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Algeria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest date suppliers to Argentina were Israel ($X), Egypt ($X) and Iran ($X), with a combined X% share of total imports. These countries were followed by Algeria, Tunisia and Palestine, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average date import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, import price indicated a measured increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, date import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Algeria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox 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 2020 were Egypt (1.6M tonnes), Saudi Arabia (1.5M tonnes) and Iran (1.2M tonnes), with a combined 45% share of global consumption. These countries were followed by Algeria, Iraq, Pakistan, Sudan, Oman, India, the United Arab Emirates, Tunisia, Morocco and China, which together accounted for a further 44%.

What are the largest producers of dates in the world?

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The countries with the highest volumes of date production in 2020 were Egypt (1.6M tonnes), Saudi Arabia (1.6M tonnes) and Iran (1.3M tonnes), together comprising 49% of global production. Algeria, Iraq, Pakistan, Sudan, Oman, Tunisia, the United Arab Emirates, Libya and China lagged somewhat behind, together accounting for a further 44%.

What are the leading suppliers of dates to Argentina?

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In value terms, the largest date suppliers to Argentina were Israel ($233K), Egypt ($177K) and Iran ($158K), together accounting for 74% of total imports. These countries were followed by Algeria, Tunisia and Palestine, which together accounted for a further 24%.

What are the leading importers of dates from Argentina?

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In value terms, Kuwait ($77K) remains the key foreign market for date exports from Argentina, comprising 70% of total exports. The second position in the ranking was occupied by Canada ($33K), with a 30% share of total exports.

What is the average export price for dates in Argentina?

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In 2020, the average date export price amounted to $2,950 per tonne, jumping by 35% against the previous year.

What is the average import price for dates in Argentina?

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In 2020, the average date import price amounted to $1,883 per tonne, with a decrease of -5.4% against the previous year.

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