Price for Vegetable Products Not Elsewhere Specified or Included in Argentina - 2023

Contents:

  1. Price for Vegetable Products Not Elsewhere Specified or Included in Argentina (CIF) - 2023
  2. Price for Vegetable Products Not Elsewhere Specified or Included in Argentina (FOB) - 2022
  3. Imports of Vegetable Products Not Elsewhere Specified or Included in Argentina
  4. Exports of Vegetable Products Not Elsewhere Specified or Included in Argentina

Price for Vegetable Products Not Elsewhere Specified or Included in Argentina (CIF) - 2023

In June 2023, the average import price for vegetable products not elsewhere specified or includeds amounted to $1,827 per ton, picking up by 28% against the previous month. In general, the import price, however, recorded a abrupt downturn. The import price peaked at $5,198 per ton in December 2022; however, from January 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($13,120 per ton), while the price for Egypt ($1,110 per ton) was amongst the lowest.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetable Products Not Elsewhere Specified or Included in Argentina (FOB) - 2022

In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $1,567 per ton, jumping by 22% against the previous year. Over the period under review, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 194%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($8,487 per ton), while the average price for exports to Chile ($544 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 Colombia (+71.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetable Products Not Elsewhere Specified or Included in Argentina

In 2022, approx. 899 tons of vegetable products not elsewhere specified or includeds were imported into Argentina; reducing by -47.2% against the previous year's figure. Overall, imports saw a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year.

In value terms, imports of vegetable products not elsewhere specified or includeds dropped dramatically to $1.3M in 2022. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 80%. As a result, imports attained the peak of $2.7M, and then declined rapidly in the following year.

Import of Vegetable Products Not Elsewhere Specified or Included in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1,9709802,094898-23.0%
Brazil19.813784.510373.3%
Bolivia10099.188.01031.0%
India22110418170.7-31.6%
Sri Lanka19.358.951.031.918.2%
Cote d'IvoireN/AN/A48.528.4-41.4%
Others15112616896.8-13.8%
Total2,4811,5052,7151,332-18.7%

Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Argentina in 2022:

  1. Peru (486.0 tons)
  2. Bolivia (204.5 tons)
  3. Brazil (84.4 tons)
  4. India (57.8 tons)
  5. Cote d'Ivoire (24.9 tons)
  6. Sri Lanka (24.8 tons)

Exports of Vegetable Products Not Elsewhere Specified or Included in Argentina

In 2022, after two years of decline, there was significant growth in shipments abroad of vegetable products not elsewhere specified or includeds, when their volume increased by 398% to 79 tons. In general, exports, however, faced a dramatic decrease.

In value terms, exports of vegetable products not elsewhere specified or includeds soared to $222K in 2022. Overall, exports, however, faced a significant contraction.

Export of Vegetable Products Not Elsewhere Specified or Included in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A74.30%
ColombiaN/AN/A8.651.3496.5%
VietnamN/AN/AN/A41.40%
BrazilN/AN/AN/A29.70%
Germany14.433.89.513.9-1.2%
Chile3.13.00.71.5-21.5%
Spain5632910.2N/A-98.1%
China111N/AN/AN/A0%
United States46.4N/AN/AN/A0%
Others2.42.619.110.262.0%
Total74133038.0222-33.1%

Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Argentina in 2022:

  1. Vietnam (34.3 tons)
  2. Japan (17.8 tons)
  3. Brazil (10.3 tons)
  4. Germany (6.6 tons)
  5. Colombia (6.0 tons)
  6. Chile (2.7 tons)

Source: IndexBox Market Intelligence Platform

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