This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 2/22/2017
Overview

Food Processing Equipment Industry Statistics - Argentina
Note: Statistics are based on the following Mercosur Common External Tariff (MCET) Codes: 84.17.20; 8433.60; 8434.20; 8434.90; 8435; 8436.29.00.100; 8437; 8438; 8479.20.00
 
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)

Data Sources:
Total Local Production: Unofficial estimates based on industry reports
Total Exports: Nosis/Exi-Net export/import data
Total Imports: Nosis/Exi-Net export/import data
Imports from U.S.: Nosis/Exi-Net export/import data
 
2014 import market share:
Italy: 24.1%;
United States: 15.2%;
China: 12.1%;
Germany: 10.4%;
Netherlands: 9.6%.

2015 (1st. quarter) import market share:
United States: 25.8%;
Italy: 14.2%;
China:11.4%;
Germany: 9.8%;
Brazil: 8.7%
 
Total imports in this sector increased slightly in 2014, after two successive years of decrease. While imports from the U.S. decreased in 2014, partial figures for the first quarter of 2015 indicate that the U.S. is regaining its traditional position as the largest supplier of food processing equipment to Argentina.  Imports from the U.S. during the first quarter of 2015 amounted to $7 million, a 34 percent increase vis-à-vis the first quarter of 2014. However, this trend is expected to decay during the remaining months of 2015.  Although local production figures are almost non-existent, imports are estimated to account for 70 to 85 percent of the total market.

Sub-Sector Best Prospects

The segments that grew most in 2014 and in the first quarter of 2015 were equipment for the preparation of food and drinks under HS Code (843880); parts for food and beverage processing equipment (HS Code 843890; and machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables (HS Code 8437). In addition to the abovementioned segments, U.S. exports may continue to find opportunities in the following specialized areas: machinery for cleaning or classification of eggs, fruit or other agricultural products; equipment for fat and vegetable oil extraction and processing; and machinery for the preparation or processing of fruits, nuts or vegetables.

 
Opportunities

The food processing equipment market in Argentina relies heavily on imports by large domestic food processing companies and food exporters.  Argentina is the world's leading exporter of soy oil and soy meal, the third largest soybean exporter, and a top exporter of corn.
 
Argentina remains a key market for U.S. exports to Latin America.  U.S. products are often sought out, particularly in the higher-end technology segment.
 
Web Resources

 
 
For additional information on this industry, including market analysis, trade events, contacts, and the products and services that the U.S. Commercial Service can provide to help you succeed in the Argentine market, please contact Liliana Paz, Industry Specialist at Liliana.Paz@trade.gov or (54-11) 5777-4519 and/or visit  http://export.gov/argentina/.

 



Argentina Equipment and Machinery Trade Development and Promotion