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five companies concentrated more than 60% of exports in 2022

five companies concentrated more than 60% of exports in 2022

Second in the national rankinghe ranked her too North American wdmwith 8.7 million tons (14.5%), followed in third place by the Chinese Cofco with 7.8 million tons (12.9%). Starting in 2021 the Chinese state-owned company began to lose ground Compared to the North American tandem, since until 2020 this firm was the undisputed number one in exports of unprocessed grains.

Fourth place went to Dreyfus with 6.1 million tons, which represents the 10.2% of the total. Almost tied, in fifth place was Bunge with around 6.1 million tons and 10.2%. The Argentine ACA (Association of Argentine Cooperatives) recently appeared in sixth place with 5.7 million tons (9.5%).

This way It is evident that the bulk of grain exports and therefore the liquidation of foreign exchange remained in the hands of just five companies, three North American (Cargill, Bunge and ADM), one Chinese (cofco) and a European (Dreyfus) that in total they exported 37.7 million tons, that represent nothing less than the 62.2% of the total.

For his part, in the by-products item once more Viterra which in Argentina operates under the Moreno Oilseed Societywas once again the undisputed leader after the debacle of the already sadly famous vincentin, his still partner in the firm of biodiesel renew.

This way, Viterra exported a total of 5.8 million tons of by-products, accounting for 20.7% of the total, which was 27.9 million tons. This phenomenon occurred mainly because Viterra worked hard at the plants vincentin.

In second place stands out the Argentinean and originally from Córdoba AGD with 4.2 million tons (15.1%). Meanwhile, the Third place it was for the also local Agro Mills –another firm that works in the Vicentin plants– with 3.4 million tons (12.2%). The North Americans Cargill and Bunge complete the podium with 3 million tons and 2.8 million, respectively.

Finally, in the segment oils with total exports of 5.3 million tons (versus 7 million in 2021) here too the undisputed leader was Viterra with 1.5 million tons, thus monopolizing 28.9% of shipments.

much further back, in second place was consolidated Cargill with around 700,000 tons (13.6%). Third place went to Agro Mills with more than 500,000 tons and 10% of the total.

Fourth and fifth place were shared between AGD Y cofco with 470,000 (8.9%), 447,000 (8.3%)respectively.

Source: Ambito

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