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Argentina - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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Argentina: Peanut Butter Market Overview 2021

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Peanut Butter Market Size in Argentina

In 2020, the Argentinian peanut butter market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, the total consumption indicated a pronounced increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Peanut butter consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Peanut Butter Production in Argentina

In value terms, peanut butter production shrank to $X in 2020 estimated in export prices. In general, production, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2009 to 2020, production growth remained at a lower figure.

Peanut Butter Exports

Exports from Argentina

For the fourth year in a row, Argentina recorded decline in overseas shipments of peanut butter and prepared or preserved groundnuts, which decreased by -X% to X tonnes in 2020. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tonnes in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

In value terms, peanut butter exports reduced to $X in 2020. Over the period under review, exports posted mild growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2009 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Australia (X tonnes), Chile (X tonnes) and Israel (X tonnes) were the main destinations of peanut butter exports from Argentina, together comprising X% of total exports. New Zealand, the UK, South Africa, the U.S., South Korea and Uruguay lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in New Zealand (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for peanut butter exported from Argentina were Israel ($X), Australia ($X) and Chile ($X), with a combined X% share of total exports. The U.S., New Zealand, the UK, South Africa, South Korea and Uruguay lagged somewhat behind, together accounting for a further X Zealand (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average peanut butter export price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, export price indicated a slight increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, peanut butter export price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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.

Peanut Butter Imports

Imports into Argentina

In 2020, imports of peanut butter and prepared or preserved groundnuts into Argentina rose markedly to X tonnes, with an increase of X% on the previous year. In general, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, peanut butter imports surged to $X in 2020. Overall, imports, however, continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

China (X tonnes), Brazil (X tonnes) and the U.S. (X tonnes) were the main suppliers of peanut butter imports to Argentina, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in China, while purchases for the other leaders experienced a decline.

In value terms, Brazil ($X), the U.S. ($X) and China ($X) constituted the largest peanut butter suppliers to Argentina, with a combined X% share of total imports.

Among the main suppliers, China 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 mixed trend patterns.

Import Prices by Country

In 2020, the average peanut butter import price amounted to $X per tonne, rising by X% against the previous year. Overall, import price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. The import price peaked in 2020 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Brazil ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the world?
+
The country with the largest volume of peanut butter consumption was China (972K tonnes), accounting for 19% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (389K tonnes), twofold. India (349K tonnes) ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
+
The country with the largest volume of peanut butter production was China (1.2M tonnes), comprising approx. 24% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, the U.S. (417K tonnes), threefold. India (397K tonnes) ranked third in terms of total production with a 7.6% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to Argentina?
+
In value terms, the largest peanut butter suppliers to Argentina were Brazil ($41K), the U.S. ($23K) and China ($14K), together comprising 99% of total imports.
What are the leading importers of peanut butter and prepared or preserved groundnuts from Argentina?
+
In value terms, the largest markets for peanut butter exported from Argentina were Israel ($10M), Australia ($10M) and Chile ($8.7M), together accounting for 38% of total exports. These countries were followed by the U.S., New Zealand, the UK, South Africa, South Korea and Uruguay, which together accounted for a further 50%.
What is the average export price for peanut butter and prepared or preserved groundnuts in Argentina?
+
In 2020, the average peanut butter export price amounted to $1,661 per tonne, with a decrease of -1.8% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Argentina?
+
The average peanut butter import price stood at $3,772 per tonne in 2020, increasing by 49% against the previous year.

Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

This report provides an in-depth analysis of the peanut butter 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 2025.


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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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