Report Update Apr 1, 2024

Argentina - Sugar Crop - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Argentina: Sugar Crop Market 2024

Sugar Crop Market Size in Argentina

In 2022, the Argentinian sugar crop market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption, however, recorded a pronounced reduction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Sugar Crop Production in Argentina

In value terms, sugar crop production reduced to $X in 2022 estimated in export price. In general, production, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of sugar crops in Argentina soared to X tons per ha in 2022, picking up by X% on the previous year. Over the period under review, the yield, however, continues to indicate a slight decline. The sugar crop yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the 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 sugar crops in Argentina reduced dramatically to X ha, which is down by X% against the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X%. The sugar crop harvested area peaked at X ha in 2021, and then declined markedly in the following year.

Sugar Crop Exports

Exports from Argentina

In 2021, the amount of sugar crops exported from Argentina stood at X kg, therefore, remained relatively stable against 2020. Overall, exports recorded a dramatic contraction. The smallest decline of X% was in 2018. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, sugar crop exports stood at $X in 2021. Over the period under review, exports saw a sharp downturn. The smallest decline of X% was in 2018. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X kg) was the main destination for sugar crop exports from Argentina, with a approx. X% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Chile was relatively modest.

From 2013 to 2021, the average annual rate of growth in terms of value to Chile was relatively modest.

Export Prices by Country

In 2021, the average sugar crop export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2018 when the average export price decreased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2013 to 2021, the rate of growth in terms of prices for Chile amounted to X% per year.

Sugar Crop Imports

Imports into Argentina

In 2022, purchases abroad of sugar crops decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a moderate expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sugar crop imports fell to $X in 2022. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest sugar crop supplier to Argentina, with a X% share of total imports. Moreover, sugar crop imports from Spain exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Spain was relatively modest.

In value terms, the largest sugar crop suppliers to Argentina were Hungary ($X) and Spain ($X).

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average sugar crop import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Spain stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar crops in the world?

The countries with the highest volumes of consumption in 2023 were Brazil, India and China, with a combined 58% share of global consumption. Pakistan, Thailand, the United States, Mexico, Russia, Colombia and Indonesia lagged somewhat behind, together comprising a further 19%.

What are the largest producers of sugar crops in the world?

The countries with the highest volumes of production in 2022 were Brazil, India and China, together comprising 59% of global production. Thailand, Pakistan, the United States, Mexico, Russia and Colombia lagged somewhat behind, together comprising a further 17%.

What are the leading suppliers of sugar crops to Argentina?

In value terms, Hungary and Spain constituted the largest sugar crop suppliers to Argentina.

What is the average export price for sugar crops in Argentina?

In 2021, the average sugar crop export price amounted to $909 per ton, standing approx. at the previous year.

What is the average import price for sugar crops in Argentina?

In 2022, the average sugar crop import price amounted to $2,000 per ton, declining by -3.9% against the previous year.

This report provides an in-depth analysis of the sugar crop 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 2030.

Product coverage:

FCL 161 - Sugar crops nes
FCL 156 - Sugar cane
FCL 459 - Chicory roots
FCL 157 - Sugar beet
FCL 461 - Carobs
FCL 460 - Vegetable products, fresh or dry nes

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023