Argentina: Potato Market 2024

Potato Market Size in Argentina

The Argentinian potato market contracted remarkably to $X in 2022, reducing by X% against the previous year. In general, consumption saw a perceptible slump. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Potato Production in Argentina

In value terms, potato production shrank to $X in 2022 estimated in export price. In general, production recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of potatoes in Argentina was estimated at X tons per ha in 2022, approximately mirroring the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average potato yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The potato harvested area in Argentina dropped notably to X ha in 2022, falling by X% against 2021. Overall, the harvested area continues to indicate a slight descent. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the harvested area attained the peak level of X ha, and then reduced markedly in the following year.

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Potato Exports

Exports from Argentina

In 2022, shipments abroad of potatoes was finally on the rise to reach X tons after two years of decline. Over the period under review, exports saw strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, potato exports soared to $X in 2022. Overall, exports enjoyed resilient growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Paraguay (X tons) was the main destination for potato exports from Argentina, with a X% share of total exports. Moreover, potato exports to Paraguay exceeded the volume sent to the second major destination, Brazil (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay stood at X%.

In value terms, Paraguay ($X) remains the key foreign market for potatoes exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay amounted to X%.

Export Prices by Country

In 2022, the average potato export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Paraguay stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (X%), while the prices for the other major destinations experienced mixed trend patterns.

Potato Imports

Imports into Argentina

After two years of growth, overseas purchases of potatoes decreased by X% to X tons in 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, potato imports dropped to $X in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main potato supplier to Argentina, with a X% share of total imports. Moreover, potato imports from Brazil exceeded the figures recorded by the second-largest supplier, Chile (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at X%.

In value terms, Brazil ($X) constituted the largest supplier of potatoes to Argentina, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil totaled X%.

Import Prices by Country

The average potato import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price showed a slight expansion. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 Brazil ($X per ton), while the price for Chile stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Source: IndexBox Platform