Dried Grapes Market Overview in Argentina
In value terms, dried grapes production reduced notably to $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when the production volume increased by % year-to-year. Over the period under review, production reached the maximum level at $ in 2014; however, from 2015 to , production stood at a somewhat lower figure.
The revenue of the dried grapes market in Argentina declined markedly to $ in , falling 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). Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of % year-to-year. Dried grapes consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain the momentum.