Flakes; of Potatoes Price in Argentina - 2023

Contents:

  1. Flakes; of Potatoes Price in Argentina (CIF) - 2022
  2. Flakes; of Potatoes Price in Argentina (FOB) - 2022
  3. Flakes; of Potatoes Imports in Argentina
  4. Flakes; of Potatoes Exports in Argentina

Flakes; of Potatoes Price in Argentina (CIF) - 2022

The average flakes; of potatoes import price stood at $1,967 per ton in 2022, picking up by 55% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Egypt ($3,026 per ton), while the price for Belgium ($1,204 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Argentina (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $2,337 per ton, approximately mirroring the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 25%. The export price peaked at $2,445 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($6,754 per ton), while the average price for exports to Chile ($1,333 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 Uruguay (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.

Flakes; of Potatoes Imports in Argentina

In 2022, imports of flakes; of potatoeses into Argentina reduced markedly to 591 tons, shrinking by -30.3% compared with the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports reached the peak of 847 tons, and then declined significantly in the following year.

In value terms, flakes; of potatoes imports reached $1.2M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Flakes; of Potatoes in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands87.864.915645072.4%
EgyptN/AN/AN/A2540%
Germany47.519.158.322768.4%
Russia47.460.827.813842.8%
Belgium30.252.679.558.124.4%
IndiaN/AN/AN/A34.90%
Spain70.019.659.7N/A-7.6%
France58.651.647.2N/A-10.3%
Others652478649N/A-0.2%
Total9937471,0771,1625.4%

Top Suppliers of Flakes; of Potatoes to Argentina in 2022:

  1. Netherlands (243.8 tons)
  2. Germany (130.7 tons)
  3. Egypt (84.0 tons)
  4. Russia (69.0 tons)
  5. Belgium (48.2 tons)
  6. India (15.0 tons)

Flakes; of Potatoes Exports in Argentina

In 2022, overseas shipments of flakes; of potatoeses increased by 24% to 67 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a sharp decline.

In value terms, flakes; of potatoes exports skyrocketed to $156K in 2022. Over the period under review, exports, however, saw a abrupt downturn.

Export of Flakes; of Potatoes in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela13293.568.887.3-12.9%
Colombia98.368.149.060.7-14.8%
Paraguay15.18.03.84.2-34.7%
Brazil40.313.05.22.8-58.9%
Others2.21.10.60.6-35.2%
Total288184127156-18.5%

Top Export Markets for Flakes; of Potatoes from Argentina in 2022:

  1. Venezuela (49.2 tons)
  2. Colombia (14.4 tons)
  3. Brazil (1.5 tons)
  4. Paraguay (1.4 tons)

Source: IndexBox Market Intelligence Platform

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