Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,285 per ton, jumping by 24% against the previous year. In general, the import price, however, showed a pronounced contraction. The import price peaked at $2,948 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 China ($4,518 per ton), while the price for Brazil ($2,032 per ton) was amongst the lowest.
From 2012 to 2022, 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 mixed trend patterns.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,661 per ton, waning by -1.8% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of 4%. The export price peaked at $4,041 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Uruguay.
From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +0.1% per year.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina
In 2022, supplies from abroad of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -28.1% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of 2.4K tons, and then dropped dramatically in the following year.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses contracted to $3.9M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $4.4M, and then dropped in the following year.
Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2.2 | 2.7 | 2.5 | 3.1 | 12.1% |
China | 0.1 | 0.1 | 0.3 | 0.7 | 91.3% |
United States | 0.4 | 0.5 | 1.3 | 0.1 | -37.0% |
Others | 0.4 | 0.2 | 0.3 | 0.1 | -37.0% |
Total | 3.1 | 3.5 | 4.4 | 3.9 | 8.0% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Argentina in 2022:
- Brazil (1526.0 tons)
- China (159.5 tons)
- United States (12.8 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina
Exports of soups and broths and preparations therefor; homogenised composite food preparationses from Argentina contracted to 627 tons in 2022, waning by -6.1% compared with the year before. Overall, exports showed a significant contraction.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses contracted to $1.7M in 2022. Over the period under review, exports showed a dramatic downturn.
Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uruguay | 1,965 | 1,744 | 1,208 | 1,668 | -5.3% |
Haiti | 164 | 150 | 107 | N/A | -19.2% |
Paraguay | 648 | 434 | 210 | N/A | -43.1% |
Bolivia | 168 | 159 | 71.1 | N/A | -34.9% |
Others | 346 | 274 | 213 | N/A | -21.5% |
Total | 3,290 | 2,761 | 1,809 | 1,668 | -20.3% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Argentina in 2022:
- Uruguay (626.7 tons)
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Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
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Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.