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Argentina - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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Argentina: Pyrethrum And Peppermint Market Overview 2021

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Pyrethrum And Peppermint Market Size in Argentina

In 2019, the Argentinian pyrethrum and peppermint market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. Over the period under review, the total consumption indicated a prominent increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2018, and then fell sharply in the following year.

Pyrethrum And Peppermint Production in Argentina

In value terms, pyrethrum and peppermint production shrank dramatically to $X in 2019 estimated in export prices. Over the period under review, the total production indicated a moderate expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. Over the period under review, production reached the maximum level at $X in 2018, and then fell sharply in the following year.

Pyrethrum And Peppermint Exports

Exports from Argentina

In 2019, the amount of pyrethrum and peppermint exported from Argentina plummeted to X tonnes, waning by -X% on the year before. Overall, exports recorded a deep setback. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, pyrethrum and peppermint exports dropped significantly to $X in 2019. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

Exports by Country

Paraguay (X tonnes), Chile (X tonnes) and Uruguay (X tonnes) were the main destinations of pyrethrum and peppermint exports from Argentina, together comprising X% of total exports. Brazil, the United Arab Emirates and Canada lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Paraguay ($X) remains the key foreign market for pyrethrum and peppermint exports from Argentina, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Paraguay amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-X% per year) and Uruguay (-X% per year).

Export Prices by Country

The average pyrethrum and peppermint export price stood at $X per tonne in 2019, falling by -X% against the previous year. In general, export price indicated a tangible expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, pyrethrum and peppermint export price decreased by -X% against 2017 indices. The growth pace was the most rapid in 2008 an increase of X% against the previous year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Uruguay ($X per tonne), while the average price for exports to Canada ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Chile, while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum And Peppermint Imports

Imports into Argentina

Pyrethrum and peppermint imports into Argentina shrank sharply to X tonnes in 2019, which is down by -X% against the previous year's figure. In general, imports saw a slight curtailment. The pace of growth was the most pronounced in 2017 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

In value terms, pyrethrum and peppermint imports declined significantly to $X in 2019. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

Chile (X tonnes), Peru (X tonnes) and Egypt (X tonnes) were the main suppliers of pyrethrum and peppermint imports to Argentina, together accounting for X% of total imports. Paraguay, Morocco, Bulgaria and Germany lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pyrethrum and peppermint suppliers to Argentina were Chile ($X), Peru ($X) and Bulgaria ($X), together comprising X% of total imports. Egypt, Germany, Paraguay and Morocco lagged somewhat behind, together comprising a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pyrethrum and peppermint import price stood at $X per tonne in 2019, falling by -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2018, and then contracted in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Bulgaria ($X per tonne), while the price for Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Paraguay, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrethrum and peppermint in the world?
+
The countries with the highest volumes of pyrethrum and peppermint consumption in 2019 were China (107K tonnes), the U.S. (69K tonnes) and Germany (46K tonnes), with a combined 30% share of global consumption. These countries were followed by India, Morocco, Japan, South Korea, Taiwan (Chinese), Egypt, Hong Kong SAR, Nigeria, Kazakhstan and the UK, which together accounted for a further 34%.
What are the largest producers of pyrethrum and peppermint in the world?
+
The country with the largest volume of pyrethrum and peppermint production was China (206K tonnes), comprising approx. 28% of total volume. Moreover, pyrethrum and peppermint production in China exceeded the figures recorded by the second-largest producer, Morocco (67K tonnes), threefold. The third position in this ranking was occupied by India (65K tonnes), with a 9% share.
What are the leading suppliers of pyrethrum and peppermint to Argentina?
+
In value terms, Chile ($1.8M), Peru ($948K) and Bulgaria ($700K) were the largest pyrethrum and peppermint suppliers to Argentina, with a combined 54% share of total imports. These countries were followed by Egypt, Germany, Paraguay and Morocco, which together accounted for a further 20%.
What are the leading importers of pyrethrum and peppermint from Argentina?
+
In value terms, Paraguay ($423K) remains the key foreign market for pyrethrum and peppermint exports from Argentina, comprising 42% of total exports. The second position in the ranking was occupied by Chile ($196K), with a 19% share of total exports. It was followed by Uruguay, with a 19% share.
What is the average export price for pyrethrum and peppermint in Argentina?
+
In 2019, the average pyrethrum and peppermint export price amounted to $3,493 per tonne, waning by -14.7% against the previous year.
What is the average import price for pyrethrum and peppermint in Argentina?
+
The average pyrethrum and peppermint import price stood at $3,341 per tonne in 2019, with a decrease of -7.7% against the previous year.

Product coverage:
• FCL 754 - Pyrethrum, dried flowers
• FCL 748 - Peppermint, Spearmint

This report provides an in-depth analysis of the pyrethrum and peppermint 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 2007–2019
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:
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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