Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Argentina - 2023

Contents:

1. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Argentina (CIF) - 2022
2. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Argentina (FOB) - 2022
3. Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Argentina
4. Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Argentina

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Argentina (CIF) - 2022

The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,341 per ton in 2022, picking up by 27% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid increased by +58.5% against 2018 indices. As a result, import price reached 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 Turkey ($4,587 per ton), while the price for Italy ($1,107 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Argentina (FOB) - 2022

In 2022, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $670 per ton, growing by 21% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. The export price peaked at $868 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($856 per ton), while the average price for exports to Paraguay ($631 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 (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Argentina

In 2022, overseas purchases of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid decreased by -38.3% to 10K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a significant curtailment. The pace of growth was the most pronounced in 2020 with an increase of 40%. As a result, imports reached the peak of 41K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid dropped significantly to $14M in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 52% against the previous year. As a result, imports attained the peak of $38M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Argentina in 2022:

1. Chile (8.3K tons)
2. Italy (1.9K tons)

Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Argentina

Exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid from Argentina skyrocketed to 6.8K tons in 2022, picking up by 35% against the year before. The total export volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid surged to $4.5M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Argentina in 2022:

1. Paraguay (4.4K tons)
2. Uruguay (2.2K tons)
3. Chile (0.1K tons)

Source: IndexBox Market Intelligence Platform