Argentina: Market for Nuts (Prepared Or Preserved) 2024

Market Size for Nuts (Prepared Or Preserved) in Argentina

The Argentinian nuts (prepared or preserved) market was estimated at $X in 2022, picking up by X% against the previous year. In general, the total consumption indicated a resilient increase 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Nuts (Prepared Or Preserved) in Argentina

In value terms, nuts (prepared or preserved) production amounted to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant expansion. The growth pace was the most rapid in 2018 when the production volume increased by X%. Nuts (prepared or preserved) production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Nuts (Prepared Or Preserved)

Exports from Argentina

After six years of decline, overseas shipments of nuts (prepared or preserved) increased by X% to X tons in 2022. Overall, exports, however, showed a deep setback. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, nuts (prepared or preserved) exports surged to $X in 2022. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Uruguay (X tons), Brazil (X tons) and Chile (X tons) were the main destinations of nuts (prepared or preserved) exports from Argentina, together comprising X% of total exports. The United States and Paraguay lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Uruguay ($X) constituted the largest markets for nuts (prepared or preserved) exported from Argentina worldwide, with a combined X% share of total exports. The United States and Paraguay lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Paraguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nuts (prepared or preserved) export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to the United States ($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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts (Prepared Or Preserved)

Imports into Argentina

For the third consecutive year, Argentina recorded growth in overseas purchases of nuts (prepared or preserved), which increased by X% to X tons in 2022. Overall, imports showed a pronounced expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, nuts (prepared or preserved) imports skyrocketed to $X in 2022. Over the period under review, total imports indicated resilient growth 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Chile (X tons), the United States (X tons) and Brazil (X tons) were the main suppliers of nuts (prepared or preserved) imports to Argentina, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), the United States ($X) and Brazil ($X) appeared to be the largest nuts (prepared or preserved) suppliers to Argentina, together comprising X% of total imports. The Philippines, Turkey and Indonesia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average nuts (prepared or preserved) import price amounted to $X per ton, with an increase of X% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform