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Argentina - Biological Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBiological Product Price in Argentina - 2023
Contents:
- Biological Product Price in Argentina (CIF) - 2022
- Biological Product Price in Argentina (FOB) - 2022
- Biological Product Imports in Argentina
- Biological Product Exports in Argentina
Biological Product Price in Argentina (CIF) - 2022
The average biological product import price stood at $661,635 per ton in 2022, picking up by 78% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $786,495 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 Switzerland ($3,997,794 per ton), while the price for Uruguay ($16,485 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Biological Product Price in Argentina (FOB) - 2022
The average biological product export price stood at $7,722 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 an increase of 68% against the previous year. Over the period under review, the average export prices reached the maximum at $18,014 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($12,916 per ton), while the average price for exports to Vietnam ($2,268 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 Paraguay (-4.8%), while the prices for the other major destinations experienced a decline.
Biological Product Imports in Argentina
In 2022, supplies from abroad of biological products decreased by -49.3% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted strong growth. The growth pace was the most rapid in 2021 with an increase of 169%. As a result, imports reached the peak of 5K tons, and then dropped remarkably in the following year.
In value terms, biological product imports shrank to $1.7B in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 106% against the previous year. As a result, imports attained the peak of $1.9B, and then fell in the following year.
Import of Biological Product in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 196 | 181 | 296 | 545 | 40.6% |
Germany | 193 | 146 | 159 | 201 | 1.4% |
Switzerland | 94.4 | 122 | 163 | 189 | 26.0% |
Belgium | 40.8 | 42.5 | 195 | 169 | 60.6% |
Ireland | 78.7 | 87.8 | 78.2 | 155 | 25.3% |
Italy | 65.3 | 116 | 71.0 | 105 | 17.2% |
China | 3.4 | 20.0 | 403 | 50.3 | 145.5% |
South Korea | 4.9 | 19.0 | 71.4 | 47.2 | 112.8% |
Spain | 20.9 | 19.1 | 28.6 | 31.9 | 15.1% |
Denmark | 17.4 | 16.5 | 18.8 | 23.4 | 10.4% |
France | 25.9 | 31.7 | 20.5 | 22.8 | -4.2% |
Brazil | 1.6 | 2.5 | 3.5 | 3.6 | 31.0% |
Uruguay | 1.4 | 1.6 | 2.1 | 2.6 | 22.9% |
Others | 81.4 | 98.7 | 353 | 135 | 18.4% |
Total | 825 | 905 | 1,863 | 1,682 | 26.8% |
Top Suppliers of Biological Product to Argentina in 2022:
- United States (475.7 tons)
- China (365.4 tons)
- South Korea (289.6 tons)
- Spain (196.9 tons)
- Brazil (188.7 tons)
- Germany (160.0 tons)
- Uruguay (158.6 tons)
- Italy (157.2 tons)
- Denmark (103.7 tons)
- France (92.6 tons)
- Belgium (60.4 tons)
- Switzerland (47.3 tons)
- Ireland (40.8 tons)
Biological Product Exports in Argentina
In 2022, shipments abroad of biological products was finally on the rise to reach 14K tons after two years of decline. Overall, exports showed a perceptible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, biological product exports soared to $109M in 2022. Over the period under review, exports continue to indicate buoyant growth.
Export of Biological Product in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 20.3 | 11.5 | 6.9 | 18.0 | -3.9% |
France | 0.1 | 30.1 | 1.9 | 16.0 | 442.9% |
Paraguay | 10.0 | 11.7 | 11.2 | 12.1 | 6.6% |
Uruguay | 6.7 | 8.3 | 8.0 | 12.0 | 21.4% |
Colombia | 14.7 | 8.2 | 5.0 | 9.3 | -14.2% |
Vietnam | 5.4 | 1.4 | 0.6 | 6.3 | 5.3% |
United States | 5.2 | 4.8 | 3.5 | 5.5 | 1.9% |
Bolivia | 4.8 | 4.8 | 4.0 | 5.4 | 4.0% |
Others | 24.4 | 32.9 | 3.2 | 24.3 | -0.1% |
Total | 91.6 | 114 | 44.3 | 109 | 6.0% |
Top Export Markets for Biological Product from Argentina in 2022:
- Brazil (4.5K tons)
- Vietnam (2.8K tons)
- France (1.4K tons)
- United States (1.4K tons)
- Paraguay (1.3K tons)
- Uruguay (0.9K tons)
- Colombia (0.8K tons)
- Bolivia (0.5K tons)
This report provides an in-depth analysis of the biological product 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:
- Prodcom 21202120 -
- Prodcom 21202140 -
- Prodcom 21202145 - Vaccines for human medicine
- Prodcom 21202160 - Vaccines for veterinary medicine
- Prodcom 21106055 - Human blood, animal blood prepared for therapeutic, p rophylactic or diagnostic uses, cultures of micro-organisms, t oxins (excluding yeasts)
- Prodcom 21202320 - Blood-grouping reagents
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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