Market Overview
As one of the world’s leading producers of agricultural commodities, Argentina will continue to offer opportunities for U.S. suppliers of parts for agricultural machinery and some specialty equipment for selected crops during the next several years. Demand for agricultural equipment to improve the quality and yield of crops, while reducing costs continues to be in high demand. Because farms are generally large, they are ideally suited to incorporate a wide range of American agricultural machinery and technology.
Key Figures
Argentine Market for Agricultural Machinery, Equipment, and
Parts
(in millions of U.S. dollars)
|
|
2006 |
2007 |
2008 |
|
Total market size |
1,640 |
1,950 |
1,880 |
|
Total Local Production |
1,115 |
1,400 |
1,315 |
|
Total Exports |
73 |
150 |
140 |
|
Total Imports |
598 |
725 |
705 |
|
Imports from U.S. |
71 |
95 |
102 |
Exchange Rate: 1 USD=3.42 Argentine Pesos (based on
average exchange rate for December 2008, published by the
Department of State).
2008 import market share: Brazil: 75.0%, U.S.: 16 %,
Germany: 3.0%, Uruguay: 2.3%. Other: 3.7%.
Sources: Instituto Nacional de Estadistica y Censos-INDEC (National Statistics and Census Institute) and CAFMA (Cámara Argentina de Fabricantes de Maquinaria Agrícola).
Trade Events
The following trade shows attract the vast majority of buyers of agricultural machinery and equipment in Argentina.
| Event: | Exposición Rural |
| Dates: | July - August 2009 (TBD) |
| Place: | La Rural Exhibition Center, Buenos Aires |
| Organizer: | La Rural de Palermo S.A. |
| Description: | This will be the 123nd edition of this traditional show. |
| Event: | ExpoAgro |
| Dates: | March 2010 (TBD) |
| Place: | Theobald, Province of Santa Fe |
| Organizer: |
Expochacra S.A., local subsidiary of Exposium, France |
|
Description: |
The traditional ExpoChacra and FeriAgro shows have joined together to create this single, much-needed industry venue that will serve as a meeting point, where exhibitors display their agriculture products, services, and equipment to an interested audience. |
Useful Links
Argentine Web Sites
- Association of Agricultural Technology Chambers (Spanish)
- National Institute of Agricultural Technology (INTA) (Spanish)
- Argentine Rural Society (SRA) (Spanish)
- Argentine Association of Regional Consortiums for Agricultural Experimentation (AACREA)
- Agrositio.com (Agricultural Industry Portal) (Spanish)
U.S. Department of Agriculture
- USDA web site
- USDA News Releases
- Foreign Agricultural Service
- Attache Reports
- FAS World Market & Trade Reports
- Agriculture Network Information Center
- Economic Research Service
Contact Information
Please feel free to contact the U.S. Commercial Service Argentina Specialist for additional information or assistance.
Eugenio Pallarés
Agricultural Machinery Sector Specialist
U.S. Commercial Service Argentina
Embassy of the United States of America
Av. Colombia 4300
C1425GMN Buenos Aires, Argentina
Phone: (54-11) 5777-4754
Fax: (54-11) 5777-4203
Email: Eugenio.Pallares@mail.doc.gov
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