Price for Flour and Meal; of Potatoes in Argentina - 2023

Contents:

  1. Price for Flour and Meal; of Potatoes in Argentina (CIF) - 2022
  2. Price for Flour and Meal; of Potatoes in Argentina (FOB) - 2022
  3. Imports of Flour and Meal; of Potatoes in Argentina
  4. Exports of Flour and Meal; of Potatoes in Argentina

Price for Flour and Meal; of Potatoes in Argentina (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $3,537 per ton, rising by 18% against the previous year. In general, the import price saw strong growth. The import price peaked at $6,310 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +14.6% per year.

Price for Flour and Meal; of Potatoes in Argentina (FOB) - 2022

In 2022, the average export price for flour and meal; of potatoeses amounted to $971 per ton, surging by 9.5% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 72% against the previous year. As a result, the export price reached the peak level of $1,423 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($1,048 per ton), while the average price for exports to New Zealand amounted to $913 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+4.7%).

Imports of Flour and Meal; of Potatoes in Argentina

In 2022, the amount of flour and meal; of potatoeses imported into Argentina skyrocketed to 916 kg, with an increase of 10,078% compared with 2021. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes imports surged to $3.2K in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flour and Meal; of Potatoes in Argentina (USD)
COUNTRY202020212022CAGR,
2020-2022
China29510.03,094223.9%
Netherlands28613.0N/A-95.5%
Others50.04.014670.9%
Total63127.03,240126.6%

Top Suppliers of Flour and Meal; of Potatoes to Argentina in 2022:

  1. China (915.0 kg)

Exports of Flour and Meal; of Potatoes in Argentina

In 2022, flour and meal; of potatoes exports from Argentina declined rapidly to 35 tons, with a decrease of -32.3% against 2021 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 174%. As a result, the exports reached the peak of 51 tons, and then reduced sharply in the following year.

In value terms, flour and meal; of potatoes exports declined markedly to $34K in 2022. Over the period under review, exports, however, continue to indicate a moderate expansion. The growth pace was the most rapid in 2021 when exports increased by 107% against the previous year. As a result, the exports reached the peak of $45K, and then dropped rapidly in the following year.

Export of Flour and Meal; of Potatoes in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand30.115.943.430.10.0%
Bolivia0.70.91.00.84.6%
Others0.15.00.92.6196.2%
Total31.021.845.333.62.7%

Top Export Markets for Flour and Meal; of Potatoes from Argentina in 2022:

  1. New Zealand (33.0 tons)
  2. Bolivia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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