Starches; Inulin Price in Argentina - 2023
Contents:
- Starches; Inulin Price in Argentina (CIF) - 2022
- Starches; Inulin Price in Argentina (FOB) - 2022
- Starches; Inulin Imports in Argentina
- Starches; Inulin Exports in Argentina
Starches; Inulin Price in Argentina (CIF) - 2022
In 2022, the average starches; inulin import price amounted to $1,012 per ton, with an increase of 35% against the previous year. Overall, the import price saw a slight increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($2,436 per ton), while the price for France ($749 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Starches; Inulin Price in Argentina (FOB) - 2022
In 2022, the average starches; inulin export price amounted to $423 per ton, picking up by 17% against the previous year. Over the period under review, the export price, however, recorded a mild descent. The export price peaked at $479 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($484 per ton), while the average price for exports to Chile ($411 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 Ecuador (+0.4%), while the prices for the other major destinations experienced a decline.
Starches; Inulin Imports in Argentina
Starches; inulin imports into Argentina skyrocketed to 18K tons in 2022, rising by 36% on the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, starches; inulin imports surged to $19M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Starches; Inulin in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 2.4 | 3.0 | 3.0 | 9.8 | 59.8% |
| Brazil | 0.5 | 0.8 | 0.6 | 2.0 | 58.7% |
| Chile | 1.6 | 1.8 | 2.4 | 2.0 | 7.7% |
| Germany | 1.9 | 2.0 | 1.7 | 1.5 | -7.6% |
| Denmark | 0.9 | 1.1 | 1.0 | 1.4 | 15.9% |
| Poland | 0.7 | 0.6 | 0.8 | 1.2 | 19.7% |
| Netherlands | 0.9 | 0.4 | 0.3 | 0.3 | -30.7% |
| Others | 0.4 | 0.1 | 0.3 | 0.3 | -9.1% |
| Total | 9.3 | 9.8 | 10.1 | 18.6 | 26.0% |
Top Suppliers of Starches; Inulin to Argentina in 2022:
- Paraguay (10.0K tons)
- Brazil (2.6K tons)
- Germany (1.7K tons)
- Denmark (1.5K tons)
- Poland (1.2K tons)
- Chile (0.8K tons)
- Netherlands (0.3K tons)
Starches; Inulin Exports in Argentina
In 2022, the amount of starches; inulins exported from Argentina surged to 57K tons, with an increase of 174% compared with the previous year's figure. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, starches; inulin exports skyrocketed to $24M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Starches; Inulin in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 8.3 | 11.3 | 6.4 | 18.8 | 31.3% |
| Ecuador | N/A | N/A | N/A | 3.7 | 0% |
| Bolivia | 0.6 | 0.6 | 0.1 | 1.4 | 32.6% |
| Uruguay | 1.5 | 1.4 | 0.9 | N/A | -22.5% |
| Others | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Total | 10.6 | 13.4 | 7.5 | 24.1 | 31.5% |
Top Export Markets for Starches; Inulin from Argentina in 2022:
- Chile (45.6K tons)
- Ecuador (7.7K tons)
- Bolivia (3.4K tons)
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