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Food Processing and Packaging Equipment and Parts<br />
Overview Return to top<br />
2005 2006 2007 (estimated)<br />
Total Market Size 165 190 198<br />
Total Local Production 80 95 90<br />
Total Exports 64 79 72<br />
Total Imports 149 174 180<br />
Imports from the U.S. 21 23 21<br />
Millions of USD. Exchange Rate: 1 USD=3.10 Argentine Pesos<br />
Sources: The above statistics are unofficial estimates, based on INDEC (Census and Statistics<br />
<strong>In</strong>stitute) and Argentine Customs data, as well as industry specialists.<br />
2007 market share: US: 11.7%; Brazil: 11%; Italy: 26 %; Germany: 13%<br />
2006 market share: US 13%; Brazil: 12%; Italy 26%; Germany: 15%<br />
2005 market share: US: 14%; Brazil: 14; Italy: 25%; Germany: 12%<br />
<strong>Argentina</strong>’s traditional strength in agricultural and food products provides opportunities<br />
for U.S. exporters of food processing and packaging equipment in several market<br />
niches. <strong>Business</strong>es tied to agribusiness and exports in <strong>Argentina</strong> continue as one of the<br />
most active industry sectors in <strong>Argentina</strong>.<br />
While the import levels have reached those traditional marks that occurred in the 90’s,<br />
consolidating the expansion trend noticed during the past two years, the industry<br />
continues to grow despite the high level of installed capacity. This is tied to larger food<br />
export demands by food companies.<br />
The composition of imports has changed in the past years, with imports from Brazil<br />
receding, despite their intra-Mercosur competitive advantage. The U.S. continues to be<br />
strong in exports of food processing equipment, while imports of packaging equipment<br />
are mainly led by Italy and Germany.<br />
Best Prospects/Services Return to top<br />
Imports of food processing and food packaging equipment from U.S. recovered market<br />
leadership during 2005 and 2006, obtaining a 13 percent import market share in this<br />
niche, while imports from neighboring Brazil receded sharply. Statistics in 2007 show a<br />
slight decrease in imports from the US. Imports compose almost 90 percent of the total<br />
market.<br />
U.S. exports may continue to find opportunities in niche industries such as fat and oil<br />
vegetable processing, meat and poultry processing equipment, and beverageprocessing<br />
equipment. Parts for food processing equipment are also a good prospect<br />
for U.S. exports, given the current trend to repair existing machines due to the rising cost<br />
in peso terms of imports, and the virtual lack of local credit for capital goods.<br />
3/4/2008
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