Mandarins Price in Argentina - 2023

Contents:

  1. Mandarins Price in Argentina (FOB) - 2022
  2. Mandarins Price in Argentina (CIF) - 2022
  3. Mandarins Exports in Argentina
  4. Mandarins Imports in Argentina

Mandarins Price in Argentina (FOB) - 2022

The average mandarins export price stood at $478 per ton in 2022, declining by -9.3% against the previous year. Overall, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 a decrease of -4.6% against the previous year. Over the period under review, the average export prices reached the maximum at $882 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($878 per ton), while the average price for exports to Paraguay ($60 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-2.5%), while the prices for the other major destinations experienced a decline.

Mandarins Price in Argentina (CIF) - 2022

In 2022, the average mandarins import price amounted to $662 per ton, reducing by -42.9% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 76%. As a result, import price reached the peak level of $1,160 per ton, and then contracted remarkably in the following year.

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

From 2017 to 2022, the rate of growth in terms of prices for Spain amounted to +16.9% per year.

Mandarins Exports in Argentina

In 2022, mandarins exports from Argentina declined sharply to 6.3K tons, waning by -65.2% against 2021 figures. Overall, exports showed a precipitous descent. The smallest decline of -1.3% was in 2021.

In value terms, mandarins exports shrank dramatically to $3M in 2022. Over the period under review, exports faced a sharp shrinkage. The smallest decline of -5.9% was in 2021.

Export of Mandarins in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3,6803,6671,182850-38.6%
Philippines2,0441,773924530-36.2%
Canada1,5351,175516328-40.2%
Indonesia2,335268405296-49.8%
United Kingdom1,283818294234-43.3%
Saudi Arabia26820016795.6-29.1%
United Arab Emirates39420414583.1-40.5%
Paraguay97.325613776.7-7.6%
Others2,4671,7355,732501-41.2%
Total14,10310,0969,5032,996-40.3%

Top Export Markets for Mandarins from Argentina in 2022:

  1. Russia (1572.7 tons)
  2. Paraguay (1282.5 tons)
  3. Philippines (1054.2 tons)
  4. Canada (623.4 tons)
  5. Indonesia (528.9 tons)
  6. United Kingdom (267.0 tons)
  7. Saudi Arabia (191.7 tons)
  8. United Arab Emirates (125.8 tons)

Mandarins Imports in Argentina

Mandarins imports into Argentina surged to 95 tons in 2022, picking up by 161% on the year before. Over the period under review, imports enjoyed resilient growth.

In value terms, mandarins imports surged to $63K in 2022. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 126% against the previous year. As a result, imports reached the peak of $83K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Mandarins in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.10.642.262.8756.4%
Spain11.0N/AN/AN/A0%
ChileN/A18.8N/AN/A0%
Uruguay25.864.0N/AN/A148.1%
OthersN/AN/AN/AN/A0%
Total36.983.442.262.819.4%

Top Suppliers of Mandarins to Argentina in 2022:

  1. Brazil (94.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Mandarins - Argentina