Argentina: Garlic Market 2024

Garlic Market Size in Argentina

In 2022, the Argentinian garlic market decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption continues to indicate a perceptible slump. Garlic consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Garlic Production in Argentina

In value terms, garlic production rose notably to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

In 2022, the average garlic yield in Argentina stood at X tons per ha, approximately reflecting the previous year. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The garlic yield peaked at X tons per ha in 2018; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of garlic were harvested in Argentina; therefore, remained relatively stable against 2021. In general, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to garlic production reached the maximum in 2022 and is likely to see gradual growth in the near future.

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Garlic Exports

Exports from Argentina

For the third year in a row, Argentina recorded growth in shipments abroad of garlic, which increased by X% to X tons in 2022. In general, total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, garlic exports dropped to $X in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for garlic exports from Argentina, accounting for a X% share of total exports. Moreover, garlic exports to Brazil exceeded the volume sent to the second major destination, the United States (X tons), sixfold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Brazil ($X) remains the key foreign market for garlic exports from Argentina, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average garlic export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Taiwan (Chinese) ($X 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 (X%), while the prices for the other major destinations experienced a decline.

Garlic Imports

Imports into Argentina

In 2022, purchases abroad of garlic decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, garlic imports fell sharply to $X in 2022. Overall, imports, however, continue to indicate measured growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) was the main supplier of garlic to Argentina, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled X%.

In value terms, Brazil ($X) constituted the largest supplier of garlic to Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled X%.

Import Prices by Country

In 2022, the average garlic import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price saw a perceptible decline. The growth pace was the most rapid in 2016 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 X% per year.

Source: IndexBox Platform