Argentina: Mustard Seed Market Overview 2021

Mustard Seed Market Size in Argentina

In 2020, the Argentinian mustard seed market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption saw a perceptible contraction. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Mustard Seed Exports

Exports from Argentina

In 2020, shipments abroad of mustard seed decreased by -X% to X kg, falling for the tenth year in a row after two years of growth. Over the period under review, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, mustard seed exports contracted to $X in 2020. Overall, exports showed a precipitous slump. The smallest decline of -X% was in 2011. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for mustard seed exports from Argentina, with a X% share of total exports. It was followed by Sweden (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands amounted to -X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands amounted to -X%.

Export Prices by Country

In 2020, the average mustard seed export price amounted to $X per tonne, reducing by -X% against the previous year. In general, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2020, the country with the highest price was Sweden ($X per tonne), while the average price for exports to the Netherlands stood at $X per tonne.

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

Mustard Seed Imports

Imports into Argentina

In 2020, supplies from abroad of mustard seed decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, imports recorded a pronounced reduction. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, mustard seed imports declined to $X in 2020. Overall, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Canada (X tonnes) was the main supplier of mustard seed to Argentina, with a X% share of total imports. Moreover, mustard seed imports from Canada exceeded the figures recorded by the second-largest supplier, India (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Canada stood at -X%.

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

From 2007 to 2020, the average annual growth rate of value from Canada was relatively modest.

Import Prices by Country

In 2020, the average mustard seed import price amounted to $X per tonne, falling by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. 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 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Canada ($X per tonne), while the price for India stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform