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Argentina - Millet - Market Analysis, Forecast, Size, Trends and Insights
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Argentina: Millet Market Overview 2020

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Millet Market Size in Argentina

The revenue of the millet market in Argentina amounted to $X in 2018, going down by -X% against the previous year. Overall, millet consumption continues to indicate a moderate descent. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Millet consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Millet Production in Argentina

In value terms, millet production totaled $X in 2018 estimated in export prices. In general, millet production continues to indicate an abrupt decrease. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. In that year, millet production attained its peak level of $X. From 2013 to 2018, millet production growth remained at a lower figure.

Average yield of millet in Argentina amounted to X tonne per ha in 2018, jumping by X% against the previous year. Overall, the yield indicated perceptible growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, millet yield decreased by -X% against 2015 indices. The growth pace was the most rapid in 2015 when yield increased by X% against the previous year. In that year, the average millet yield reached its peak level of X tonne per ha. From 2016 to 2018, the growth of the average millet 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.

In 2018, the harvested area of millet in Argentina totaled X ha, going down by -X% against the previous year. Over the period under review, the millet harvested area continues to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2016 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to millet production reached its maximum at X ha in 2008; however, from 2009 to 2018, harvested area remained at a lower figure.

Millet Exports

Exports from Argentina

In 2018, the amount of millet exported from Argentina amounted to X tonnes, coming down by -X% against the previous year. In general, millet exports continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, millet exports attained their peak of X tonnes. From 2012 to 2018, the growth of millet exports remained at a somewhat lower figure.

In value terms, millet exports stood at $X in 2018. Over the period under review, millet exports continue to indicate a deep curtailment. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. In that year, millet exports attained their peak of $X. From 2012 to 2018, the growth of millet exports remained at a somewhat lower figure.

Exports by Country

South Africa (X tonnes) was the main destination for millet exports from Argentina, with a X% share of total exports. Moreover, millet exports to South Africa exceeded the volume sent to the second major destination, Brazil (X tonnes), twofold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

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

In value terms, South Africa ($X), Brazil ($X) and Italy ($X) appeared to be the largest markets for millet exported from Argentina worldwide, with a combined X% share of total exports.

South Africa recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced a decline.

Export Prices by Country

The average millet export price stood at $X per tonne in 2018, rising by X% against the previous year. Overall, the export price indicated a conspicuous increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, millet export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. In that year, the average export prices for millet reached their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the average export prices for millet remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per tonne), while the average price for exports to the U.S. ($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 Australia, while the prices for the other major destinations experienced more modest paces of growth.

Millet Imports

Imports into Argentina

In 2018, the imports of millet into Argentina totaled X tonnes, picking up by X% against the previous year. Over the period under review, millet imports, however, continue to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, millet imports attained their peak figure at X tonnes in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, millet imports totaled $X in 2018. Over the period under review, millet imports, however, continue to indicate a mild slump. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, millet imports reached their maximum at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Imports by Country

India (X tonnes) and the U.S. (X tonnes) were the main suppliers of millet imports to Argentina, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India.

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

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. stood at +X%.

Import Prices by Country

In 2018, the average millet import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the millet import price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2017 an increase of X% year-to-year. In that year, the average import prices for millet attained their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for India amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Product coverage:
• FCL 79 - Millet

This report provides an in-depth analysis of the millet market 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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