Argentina: Root And Tuber Market 2024

Root And Tuber Market Size in Argentina

The Argentinian root and tuber market fell modestly to $X in 2022, flattening at the previous year. In general, consumption continues to indicate a slight descent. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Root And Tuber Production in Argentina

In value terms, root and tuber production reduced to $X in 2022 estimated in export price. Overall, production showed a perceptible slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

In 2022, the average yield of roots and tubers in Argentina amounted to X tons per ha, stabilizing at the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average root and tuber yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of roots and tubers in Argentina dropped modestly to X ha, declining by X% against 2021 figures. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha, and then fell slightly in the following year.

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Root And Tuber Exports

Exports from Argentina

In 2022, overseas shipments of roots and tubers decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, root and tuber exports reduced notably to $X in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Paraguay (X tons) was the main destination for root and tuber exports from Argentina, accounting for a X% share of total exports. Moreover, root and tuber exports to Paraguay exceeded the volume sent to the second major destination, Brazil (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Paraguay totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Uruguay (X% per year).

In value terms, Paraguay ($X) remains the key foreign market for roots and tubers exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports.

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

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price showed a perceptible downturn. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Paraguay ($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 a decline.

Root And Tuber Imports

Imports into Argentina

After two years of growth, purchases abroad of roots and tubers decreased by X% to X tons in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, root and tuber imports soared to $X in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main supplier of root and tuber to Argentina, with a X% share of total imports. It was followed by Chile (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Costa Rica (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of roots and tubers to Argentina, comprising X% of total imports. The second position in the ranking was taken by Costa Rica ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (X% per year) and Chile (X% per year).

Import Prices by Country

The average root and tuber import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price enjoyed a measured expansion. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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