Argentina: Grape Market Overview 2020

Grape Market Size in Argentina

The revenue of the grape market in Argentina amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, grape consumption continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Grape consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Grape Production in Argentina

In value terms, grape production stood at $X in 2018 estimated in export prices. In general, grape production continues to indicate a drastic deduction. The pace of growth was the most pronounced in 2013 when production volume increased by X% y-o-y. Grape production peaked at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of grapes in Argentina amounted to X tonne per ha, falling by -X% against the previous year. In general, the grape yield continues to indicate a deep deduction. The pace of growth was the most pronounced in 2013 when yield increased by X% against the previous year. Over the period under review, the average grape yield attained its peak figure level at X tonne per ha in 2007; however, from 2008 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Grape harvested area in Argentina stood at X ha in 2018, therefore, remained relatively stable against the previous year. Overall, the grape harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when harvested area increased by X% year-to-year. Grape harvested area peaked at X ha in 2009; however, from 2010 to 2018, harvested area stood at a somewhat lower figure.

Grape Exports

Exports from Argentina

Grape exports from Argentina totaled X tonnes in 2018, increasing by X% against the previous year. Overall, grape exports, however, continue to indicate a precipitous downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, grape exports stood at $X in 2018. Overall, grape exports, however, continue to indicate a precipitous contraction. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Belgium (X tonnes), Brazil (X tonnes) and Russia (X tonnes) were the main destinations of grape exports from Argentina, together accounting for X% of total exports. Germany, the Netherlands, the UK, Italy, Indonesia, Sweden, Bolivia, Austria and Canada lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the UK, while the other leaders experienced a decline.

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

From 2007 to 2018, the average annual rate of growth in terms of value to Belgium totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-X% per year) and Russia (-X% per year).

Export Prices by Country

In 2018, the average grape export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the grape export price continues to indicate a slight reduction. The growth pace was the most rapid in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for grapes reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for grapes failed to regain its momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Belgium ($X per tonne), while the average price for exports to Bolivia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced mixed trend patterns.

Grape Imports

Imports into Argentina

In 2018, the imports of grapes into Argentina stood at X tonnes, coming down by -X% against the previous year. In general, grape imports continue to indicate a precipitous downturn. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. In that year, grape imports reached their peak of X tonnes. From 2009 to 2018, the growth of grape imports failed to regain its momentum.

In value terms, grape imports stood at $X in 2018. Over the period under review, grape imports continue to indicate a sharp decline. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. In that year, grape imports reached their peak of $X. From 2009 to 2018, the growth of grape imports failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X tonnes) constituted the largest supplier of grape to Argentina, with a X% share of total imports. Moreover, grape imports from the U.S. exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), ninefold.

From 2007 to 2018, the average annual growth rate of volume from the U.S. was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Chile (-X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of grape to Argentina, comprising X% of total grape imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from the U.S. totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Chile (-X% per year).

Import Prices by Country

The average grape import price stood at $X per tonne in 2018, shrinking by -X% against the previous year. In general, the grape import price continues to indicate a measured downturn. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was Brazil ($X per tonne), while the price for Chile ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Chile, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform