Argentina: Green Bean Market 2024

Green Bean Market Size in Argentina

The Argentinian green bean market stood at $X in 2023, approximately reflecting the previous year. Overall, consumption, however, continues to indicate a moderate increase. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Green Bean Production in Argentina

In value terms, green bean production reached $X in 2023 estimated in export price. Over the period under review, production, however, showed a prominent expansion. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

The average yield of green beans in Argentina contracted modestly to X tons per ha in 2023, approximately equating the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the yield increased by X%. The green bean yield peaked at X tons per ha in 2012; however, from 2013 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The green bean harvested area in Argentina dropped slightly to X ha in 2023, approximately mirroring the year before. Overall, the harvested area, however, recorded slight growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to green bean production attained the peak figure at X ha in 2019; afterwards, it flattened through to 2023.

Green Bean Exports

Exports from Argentina

In 2023, overseas shipments of green beans were finally on the rise to reach X tons after two years of decline. In general, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, green bean exports expanded sharply to $X in 2023. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X tons) was the main destination for green bean exports from Argentina, with a X% share of total exports. Moreover, green bean exports to Chile exceeded the volume sent to the second major destination, Mauritius (X tons), threefold. Bosnia and Herzegovina (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Chile stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Chile ($X) remains the key foreign market for green beans exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Chile amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

In 2023, the average green bean export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Montenegro ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (X%), while the prices for the other major destinations experienced more modest paces of growth.

Green Bean Imports

Imports into Argentina

In 2023, after four years of decline, there was significant growth in overseas purchases of green beans, when their volume increased by X% to X kg. In general, imports, however, saw a significant decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, green bean imports soared to $X in 2023. Over the period under review, imports, however, recorded a dramatic descent. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Italy (X kg) constituted the largest green bean supplier to Argentina, accounting for a X% share of total imports. Moreover, green bean imports from Italy exceeded the figures recorded by the second-largest supplier, Egypt (X kg), sixfold.

From 2012 to 2023, the average annual rate of growth in terms of volume from Italy amounted to X%.

In value terms, Italy ($X) constituted the largest supplier of green beans to Argentina, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from Italy stood at X%.

Import Prices by Country

The average green bean import price stood at $X per ton in 2023, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Egypt totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%).

Source: IndexBox Platform