Argentina: Confectionery Market 2022

Confectionery Market Size in Argentina

The argentinian confectionery market rose significantly to $X in 2021, picking up by X% against the previous year. this figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.Confectionery consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Confectionery Production in Argentina

In value terms, confectionery production expanded rapidly to $X in 2021 estimated in export price.The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period.Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Confectionery Exports

Exports from Argentina

Confectionery exports from argentina reduced to X tons in 2021, waning by -X% against the year before.Over the period under review, exports faced a abrupt decline.The growth pace was the most rapid in 2019 when exports increased by X% against the previous year.The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, confectionery exports expanded notably to $X in 2021.Overall, exports continue to indicate a deep slump.The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X tons), the United States (X tons) and Paraguay (X tons) were the main destinations of confectionery exports from Argentina, with a combined X% share of total exports. Uruguay, bolivia and brazil lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Uruguay (with a CAGR of +X%), while shipments for the other leaders experienced a decline.

In value terms, Brazil ($X), Chile ($X) and Uruguay ($X) were the largest markets for confectionery exported from Argentina worldwide, with a combined X% share of total exports.

Uruguay, with a cagr of -X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average confectionery export price amounted to $X per ton, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Confectionery Imports

Imports into Argentina

After two years of decline, purchases abroad of confectionery increased by X% to X tons in 2021.In general, imports saw a relatively flat trend pattern.As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, confectionery imports skyrocketed to $X in 2021.Overall, imports, however, continue to indicate a relatively flat trend pattern.Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) constituted the largest confectionery supplier to Argentina, accounting for a X% share of total imports. Moreover, confectionery imports from Brazil exceeded the figures recorded by the second-largest supplier, Peru (X tons), ninefold. The third position in this ranking was taken by Ecuador (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and Ecuador (+X% per year).

In value terms, Brazil ($X) constituted the largest supplier of confectionery to Argentina, comprising X% of total imports. The second position in the ranking was held by Ecuador ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

From 2012 to 2021, 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: Ecuador (+X% per year) and Peru (+X% per year).

Import Prices by Country

In 2021, the average confectionery import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Ecuador ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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