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Argentina’s Bakery Sector Deepens Crisis With 14,000 Closures and Steep Sales Drop

Sector leaders report half-capacity operations driven by rising costs, expanding informality, weaker household demand.

Overview

  • Industry groups say roughly 14,000 bakeries shut nationwide over the past 18 months, a figure attributed to the Centro de Panaderos de la provincia de Buenos Aires.
  • Bread sales are down about 50% and facturas roughly 85%, with many shops producing only by order, offering fewer items and keeping machines idle.
  • Provincial tallies include about 1,700 closures in Buenos Aires province, around 50 in Tucumán and roughly 40 in Córdoba, where reference prices have been frozen since March.
  • In Rosario, winter sales fell an estimated 10% to 15% without mass closures, while electricity now represents about 10% to 15% of fixed costs, according to local bakers.
  • Sector representatives cite higher input and service costs (flour, fats, yeast, energy, taxes), informality often exceeding 50%, and call for stronger enforcement and policy relief; private data show a 1% monthly activity drop in July.