Vegetable Market in Argentina
Market Overview
The Argentinian vegetable market expanded to $
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw slight growth. As a result, consumption attained the peak level of $. From 2017 to , the growth of the market failed to regain momentum.
In value terms, vegetable production totaled $ in estimated in export price. Overall, production, however, continues to indicate slight growth. The growth pace was the most rapid in 2016 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2017 to , production growth failed to regain momentum.
The average yield of vegetables in Argentina stood at tons per ha in , therefore, remained relatively stable against the year before. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. The vegetable yield peaked at tons per ha in 2016; however, from 2017 to , the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In, approx. ha of vegetables were harvested in Argentina; standing approx. at the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the harvested area increased by %. The vegetable harvested area peaked at ha in 2017; however, from 2018 to , the harvested area failed to regain momentum.
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw slight growth. As a result, consumption attained the peak level of $. From 2017 to , the growth of the market failed to regain momentum.In value terms, vegetable production totaled $
in estimated in export price. Overall, production, however, continues to indicate slight growth. The growth pace was the most rapid in 2016 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2017 to , production growth failed to regain momentum.The average yield of vegetables in Argentina stood at
tons per ha in , therefore, remained relatively stable against the year before. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. The vegetable yield peaked at tons per ha in 2016; however, from 2017 to , the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.In
, approx. ha of vegetables were harvested in Argentina; standing approx. at the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the harvested area increased by %. The vegetable harvested area peaked at ha in 2017; however, from 2018 to , the harvested area failed to regain momentum.Consumption
In , consumption of vegetables increased by % to tons, rising for the second year in a row after three years of decline. The total consumption volume increased at an average annual rate of +% from 2007 to ; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, consumption hit record highs at tons in 2017; however, from 2018 to , consumption remained at a lower figure.
The size of the vegetable market in Argentina stood at $ in , remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a modest expansion. As a result, consumption attained the peak level of $. From 2017 to , the growth of the market remained at a lower figure.
, consumption of vegetables increased by % to tons, rising for the second year in a row after three years of decline. The total consumption volume increased at an average annual rate of +% from 2007 to ; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, consumption hit record highs at tons in 2017; however, from 2018 to , consumption remained at a lower figure.The size of the vegetable market in Argentina stood at $
in , remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a modest expansion. As a result, consumption attained the peak level of $. From 2017 to , the growth of the market remained at a lower figure.Consumption by Type
Tomatoes ( tons), fresh vegetables, nes ( tons) and onions and shallots ( tons) were the main products of vegetable consumption in Argentina, with a combined % share of the total volume. These products were followed by carrots and turnips, chilies and peppers (green), green beans, peas (green), garlic, asparagus, lettuce and chicory, cabbage and other brassicas, leeks and other alliaceous vegetables, leguminous vegetables, nes, cauliflower and broccoli, cucumbers and gherkins, mushrooms and truffles, eggplants (aubergine) and spinach, which together accounted for a further %.
From 2007 to, the most notable rate of growth in terms of consumption, amongst the leading consumed products, was attained by cucumbers and gherkins (with a CAGR of +%), while consumption for the other products experienced more modest paces of growth.
In value terms, fresh vegetables, nes ($) led the market, alone. The second position in the ranking was held by tomatoes ($). It was followed by onions and shallots.
From 2007 to, the average annual rate of growth in terms of the value of fresh vegetables, nes markets totaled +%. With regard to the other consumed products, the following average annual rates of growth were recorded: tomatoes (-% per year) and onions and shallots (-% per year).
tons), fresh vegetables, nes ( tons) and onions and shallots ( tons) were the main products of vegetable consumption in Argentina, with a combined % share of the total volume. These products were followed by carrots and turnips, chilies and peppers (green), green beans, peas (green), garlic, asparagus, lettuce and chicory, cabbage and other brassicas, leeks and other alliaceous vegetables, leguminous vegetables, nes, cauliflower and broccoli, cucumbers and gherkins, mushrooms and truffles, eggplants (aubergine) and spinach, which together accounted for a further %.From 2007 to
, the most notable rate of growth in terms of consumption, amongst the leading consumed products, was attained by cucumbers and gherkins (with a CAGR of +%), while consumption for the other products experienced more modest paces of growth.In value terms, fresh vegetables, nes ($
) led the market, alone. The second position in the ranking was held by tomatoes ($). It was followed by onions and shallots.From 2007 to
, the average annual rate of growth in terms of the value of fresh vegetables, nes markets totaled +%. With regard to the other consumed products, the following average annual rates of growth were recorded: tomatoes (-% per year) and onions and shallots (-% per year).Market Forecast
Driven by increasing demand for vegetables in Argentina, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of vegetable in Argentina were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for vegetable.
Trade Balance
Argentina remains a net exporter of vegetable; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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